Settings and activity
6 results found
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259 votes
Hi everyone, we'd like to share an update on this idea with you all - As announced at Xerocon there are exciting changes coming for practices with Xero Partner Hub!
With the Xero Partner Hub you'll have a unified client and staff experience. We'll be providing some additional Client detail fields including Date of Death for Individual / Sole Trader business structures.
This'll be rolling out to all Xero partners in early 2026, with the beta being available from November, starting in Australia and New Zealand - Find out more on our website
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Dande Taxplan
supported this idea
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14 votes
An error occurred while saving the comment Dande Taxplan
commented
The depreciation schedule in Xero really lets the software down.
Dande Taxplan
supported this idea
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276 votes
Hi team, we’ve seen a lot of support for this idea, and acknowledge why you’d like a simple way of reflecting if part of a fixed asset is used privately.
As Xero doesn’t currently offer a built-in way to allocate depreciation between business and private use I wanted to re-highlight from our last update how this can be recorded -
Currently you could post manual journals to record the private use apportionment of a Fixed Assets depreciation.
If you're using Fixed Assets in NZ it's possible to set up an asset and apportion a % for private use. However, it's important to note that it's not possible to apportion the private use depreciation of an asset prior to using Xero. In this case when you sell the asset a manual journal may be needed to correctly state the private use.
At this time, we want to be upfront that our…
An error occurred while saving the comment Dande Taxplan
commented
I can't believe you can't account for private use in the depreciation schedule at all. Its a pretty standard feature that even MYOB has. People have been requesting this for almost 3 years and it still hasn't been addressed. So much for Xero looking at these all the time!
Dande Taxplan
supported this idea
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20 votes
An error occurred while saving the comment Dande Taxplan
commented
Hopefully this gets addressed sooner rather than later. Doesn't seem like too much to ask??
Dande Taxplan
supported this idea
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9 votes
An error occurred while saving the comment Dande Taxplan
commented
Or just add the ability to change the font type rather than just the size...surely that can't be too difficult. A lot of clients use the Xero depreciation schedule and to include it in the set of financial statements we need to be able to change the font for the report.
Dande Taxplan
supported this idea
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80 votes
Appreciate your input here, everyone. Our team has looked into this idea to better understand the needs and complexities involved, however they don't have any concrete plans for it just yet.
Rest assured that our eyes are on the ground monitoring your feedback and votes here, so please keep adding them in this thread. For the time being, I’ll move this idea into ‘Under review’ status. And if there's any movement, we'll make sure to come back here and let you all know.
An error occurred while saving the comment Dande Taxplan
commented
The ATO has automatically changed several of our clients to monthly PAYG instalments from 1 July. One particular client lodge their own BAS's and now can't lodge from Xero and are not impressed. They were already considering moving all of their files to a different platform so this may be the nail in the coffin so to speak. Surely this can't be too hard to change?
Dande Taxplan
supported this idea
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There are a lot of things you can do in MYOB that you can't do in Xero as we are just now finding out. This should be a standard field in any decent practice management software.