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15 votes
HI team, we're grateful for your involvement and sharing through product ideas. To let you know, currently we don't have any plans for developing the ability to add custom percentages in the depreciation schedule.
We'll continue to track the interest from community through this idea and if there are any changes surrounding this we'll share an update with you all.
An error occurred while saving the comment An error occurred while saving the comment Edmund Lodewijks commented
Let's hope that his will get picked up soon!
An error occurred while saving the comment Edmund Lodewijks commented
Instead of allowing custom values for depreciation, it might be better to request the specific 3-year 50/30/20 depreciation schedule. That would be a LOT easier to implement than custom schedules. Could you please change the feature request? Otherwise I will start a new one, thinking that it would have a better chance of being accepted if it is more easily implementable. Thank you.
An error occurred while saving the comment Edmund Lodewijks commented
Yes please, this is allowed by SARS (see section 4.2 of the attached document from SARS, referring to section 12E(1A) of the Tax Act of South Africa.
Edmund Lodewijks supported this idea ·
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11 votes
Edmund Lodewijks shared this idea ·
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2 votes
Edmund Lodewijks shared this idea ·
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11 votes
An error occurred while saving the comment Edmund Lodewijks commented
Yes please!
Edmund Lodewijks supported this idea ·
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72 votes
An error occurred while saving the comment Edmund Lodewijks commented
Currently, Prepayment invoices use the regular Sales Invoice numbering. It would be neat to have a separate Prefix for prepayment invoices (e.g. PPI-0001).
Edmund Lodewijks supported this idea ·
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1 vote
Edmund Lodewijks shared this idea ·
Hi Support,
Please do have a look at this feature request, not for custom depreciation schedules, but simply for the 50-30-20% schedule that is law in South Africa:
https://productideas.xero.com/forums/939198-for-small-businesses/suggestions/49044623-fixed-assets-add-3-year-depreciation-schedule-fo
It's a law for small businesses in South Africa (less than 20 million Rand turnover), and therefore exactly the target market of Xero!
It's an absolute pain to have to track the depreciation externally in a spreadsheet, and do Manual Journals to simply follow a normal depreciation scheme in South Africa.
Thank you for your understanding and support!