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10 results found

  1. AU Tax - Trust Income Schedule

    28 votes

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    8 comments  ·  For accountants & bookkeepers » Xero Tax  ·  Admin →
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    submitted  ·  AdminKelly Munro (Community Manager, Xero) responded

    Appreciate the conversations here. The other idea linked in this conversation that we delivered on was for the ability for information to flow from the Trust Return(TRT) to Individual Returns(ITR) which is facilitated with the Trust Income Schedule,

    This is slightly different in that you're wanting information from the CGT worksheet to flow through to a TRT.

    Right now non ITR's will need to create a CGT worksheet after the Trust Income Schedule, we appreciate wanting to see further improvement in this space for non ITR's to create a CGT event in a worksheet. It's something we looking to implement in the future but don't have a timeframe on atm. I'll let you know here if there are any changes. Thanks

    Rebecca Lane supported this idea  · 

  2. Fixed Assets - Dispose multiple assets at once

    333 votes

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    submitted  ·  80 comments  ·  For small businesses » Accounting features  ·  Admin →
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    Rebecca Lane supported this idea  · 

  3. Fixed Assets - Partial allocation of depreciation for business and private use

    239 votes

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    70 comments  ·  For small businesses » Accounting features  ·  Admin →
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    submitted  ·  AdminKelly Munro (Community Manager, Xero) responded

    Hi community, we're thankful for all your support and letting us know the importance of this idea to you in appropriately recording Fixed Assets in Xero.

    As many will have experienced we've launched a new version of Fixed Assets to most regions with just a portion of AU left to receive this new experience. There's been lots of work from the team to develop this version all built on updated technology that'll enable growth in this space, overtime.

    Currently, though we've done some initial discovery of what'd be required to build the capability to proportion assets depreciation for business and private use in all regions, this hasn't been currently planned for the short term.

    For the time being, we'd recommend posting 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…

    Rebecca Lane supported this idea  · 

  4. Xero Tax XPM - calculate the estimated PAYG instalment payable in SMSF Tax Returns

    17 votes

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    submitted  ·  5 comments  ·  For accountants & bookkeepers » Xero Tax  ·  Admin →
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    Rebecca Lane commented  · 

    I agree this is also needed for companies

    Rebecca Lane supported this idea  · 

  5. Bank Accounts - Ability to add a 'Reporting name'

    34 votes

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    2 comments  ·  For small businesses » Accounting features  ·  Admin →
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    submitted  ·  AdminKelly Munro (Community Manager, Xero) responded

    Thanks for your images showing what you're meaning here, Zoe. Makes it super clear for others and our product teams. 

    Appreciate it's not the ideal solution but good to hear you're aware of how you can group and rename an account through the Financial reports at present. We'll keep an eye on the interest in this, here. 

    Rebecca Lane supported this idea  · 

  6. Xero Tax(AU ) | Business Schedule - Individual Worksheets

    75 votes

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    submitted  ·  7 comments  ·  For accountants & bookkeepers » Xero Tax  ·  Admin →
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    Rebecca Lane supported this idea  · 

  7. Xero Tax (AU) | Include Company PAYG instalment as part of the return

    19 votes

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    submitted  ·  3 comments  ·  For accountants & bookkeepers » Xero Tax  ·  Admin →
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    Rebecca Lane supported this idea  · 

  8. AU Tax - Losses carried forward - Tax (AUS)

    171 votes

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    16 comments  ·  For accountants & bookkeepers » Xero Tax  ·  Admin →
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    submitted  ·  AdminKelly Munro (Community Manager, Xero) responded

    Thanks for sharing through the idea here, everyone. While we do roll over the losses schedules from prior year into the new year as a losses worksheet for non individual tax returns, we understand there may be more areas which we can roll this over.

    It'd be of great help and appreciation from our product team if you could share more detail of the losses you're referring to and the specific tax return you'd like to see this developed for. Thanks!

    Rebecca Lane supported this idea  · 

  9. AU Tax - Xero Tax Trust Estimate For ALL Trust Types

    107 votes

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    submitted  ·  11 comments  ·  For accountants & bookkeepers » Xero Tax  ·  Admin →
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    Rebecca Lane supported this idea  · 

  10. AU Tax- Ability to calculate the number of days not liable for the medicare levy surcharge

    107 votes

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    submitted  ·  6 comments  ·  For accountants & bookkeepers » Xero Tax  ·  Admin →
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    Rebecca Lane supported this idea  ·