Settings and activity
3 results found
-
12 votes
Alastair Boyd supported this idea ·
An error occurred while saving the comment -
235 votes
Alastair Boyd supported this idea ·
-
261 votes
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…
An error occurred while saving the comment Alastair Boyd commented
Any update on this for the Australian Version?
Alastair Boyd supported this idea ·
Expand the permissions of preparing tax returns, by separating the unlock function of a tax return into 3 stages:
1) Complete
2) Approve, out to sign, archive
3) Filed
The separation of duties can then be clearly identified in firms, from the following:
(1) being the worker,
(1) & (2) being the manager/director, and
1), (2), & (3) being tax lodger administration and high level management.