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1. Business Activity Statement - To automatically calculate Fuel Tax Credits

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   22 comments  ·  For small businesses » Contacts & communication  ·  delete…  ·  Admin →
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   submitted  ·  AdminKelly Munro (Community Manager, Xero) responded

   Hi community, we appreciate the interest this idea has received. Sorry we haven't engaged with you on this idea sooner.

   We understand being able to efficiently track and calculate fuel tax credits is important to you all who've supported this, however we want to be transparent that this isn't a feature we're looking to develop in the near future.

   If you haven't already found a means to track this I wanted to share a method that could help. In Xero you could create untracked Inventory Items for each fuel type. When you enter purchases for fuel, you'd select the appropriate item, entering the number of litres into the Qty field, and the price per litre into the Unit Price field.

   You could then use the Inventory Summary report to view the quantity of the fuel purchased during a date range.

   If there are any changes around this we'll share with you all, here.

   Hi community, we appreciate the interest this idea has received. Sorry we haven't engaged with you on this idea sooner.

   We understand being able to efficiently track and calculate fuel tax credits is important to you all who've supported this, however we want to be transparent that this isn't a feature we're looking to develop in the near future.

   If you haven't already found a means to track this I wanted to share a method that could help. In Xero you could create untracked Inventory Items for each fuel type. When you enter purchases for fuel, you'd select the appropriate item, entering the number of litres into the Qty field, and the price per litre into the Unit Price field.

   You could then use the Inventory Summary report to view the quantity of the fuel purchased during a date range.

   If there are any changes around this we'll share with you… more

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   Garth Wilson commented  ·  17 November, 2024  ·  Edit…  ·  delete…

   Just signed up for a trial on Xero but no fuel tax credit system when lodging BAS, WTF

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   Garth Wilson supported this idea  ·  17 November, 2024