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  1. Xero Tax (AU) - Map Tracking categories in tax return

    12 votes

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    submitted  ·  0 comments  ·  For accountants & bookkeepers » Xero Tax  ·  Admin →
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    Amber Chieng supported this idea  · 

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

    131 votes

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    submitted  ·  12 comments  ·  For accountants & bookkeepers » Xero Tax  ·  Admin →
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    Amber Chieng supported this idea  · 
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    Amber Chieng commented  · 

    As an accountant who spends countless hours on tax prep, I can’t express enough how beneficial the automated carry-forward of losses feature in Xero would be. Currently, manually entering losses carried forward each year is not only time-consuming but also prone to human error. The risk of accidentally omitting or incorrectly entering losses is a constant worry. Having this information flow through automatically from the prior year's tax return would be a lifesaver. It would streamline the entire process, ensuring accuracy and reducing the stress that comes with tax season. This feature would allow not only me but also my team to focus more on strategic financial planning rather than spending time on repetitive tasks that is manual data entering. I wholeheartedly support this initiative and believe it will make a significant positive impact on our work. Hope to see this feature included in the software soon!