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  1. Depreciation schedule - Identify assets that have had investment boost applied

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    14 comments  ·  Reports & tax » Depreciation  ·  Admin →
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    Accepted  ·  AdminKelly Munro (Community Manager, Xero) responded

    Hi team, we appreciate the interest surrounding this idea and how having the ability to identify assets that investment boost has been applied to would be useful from the Depreciation schedule.

    Right now, IR10 in NZ tax will import Investment Boost directly from Fixed Assets if there is an organisation.

    Being upfront, adding this to reports within an organisation isn't currently on our roadmap, but we understand how this would be useful in this reporting and will continue to consider this in future product planning. I'll share if there are any updates for you here.

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    Ryan Trethewey commented  · 

    Absolutely necessary under new IR10 reporting requirements. No one wants to spend time manually adding up the figure for box 60 when the info is there in the system for Xero to produce a report.

    Ryan Trethewey supported this idea  ·