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4 votes
Thanks for submitting your idea on Xero Product Ideas. We appreciate you taking time to let us know how we could improve Xero for you.
Your feedback will soon be reviewed by our Community team, and in the meantime this can begin to build support with votes from other community members.
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Tiegan Jewell
shared this idea
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43 votes
An error occurred while saving the comment Tiegan Jewell
supported this idea
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38 votes
Hi everyone, we have a new Tax Manager that's currently in beta and with a small group of users. As part of Tax Manager there's 'Ready to start' which lists annual income tax returns from the most recently completed tax year, generated using your practice’s client list and data downloaded directly from the ATO.
We'll keep everyone updated here of when this rolls out wider to all AU Tax users. Thanks
Tiegan Jewell
supported this idea
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78 votes
Hi community, thanks for continuing to share interest in this idea with us here.
As many will be aware we've developed a new Accounts production tool for Xero Tax available to all Xero Partners.
Currently within Personal Tax there remains the ability to directly import a Profit & Loss into the self-employment worksheet. However, with an outlook of further developing our new Accounts production tool, Sole trader accounts will be something we eventually work into this.
Right now, there are a few other things in the pipeline before we get to this, but I'll be sure to keep you updated here of development for Sole trader accounts.
Tiegan Jewell
supported this idea
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26 votes
Hi team, thanks for our ongoing engagement. I can confirm we've started working on this. We're building the product so that it will be usable with personal tax, partnership tax and MTD IT in the future. We'll keep you update on the progress for this, here.
Tiegan Jewell
supported this idea
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Currently, there is no option to amend the detailed profit and loss in the final full accounts. We would like to have an option to amend how the expenses are laid out. For example, depreciation expense coming under its own heading rather than an administrative expense.