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  1. AU Tax - Rental Schedule Apportionment

    97 votes

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    submitted  ·  18 comments  ·  For accountants & bookkeepers » Xero Tax  ·  Admin →
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    Melissa Scott commented  · 

    Please add this feature, rental properties are an area of significant t audit activity. I would have thought you would wan to be competitive with MYOB AE

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    Melissa Scott commented  · 

    Xero I vote for this change. MYOB AE provides this functionality. Be competitive and add the feature please as rental properties are an area of significant audit activity currently and the lack of this feature creates vulnerabilities.

    Melissa Scott supported this idea  · 

  2. AU Tax - Create CGT worksheet from Trust Income Schedule (TIS) for non-individual returns

    38 votes

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

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

    We appreciate wanting to see further improvement in this space, and this is something we have intentions of looking at in the future, however we don’t have any timeframe right now. I’ll be sure to share any news with you all here.

    Melissa Scott supported this idea  · 
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    Melissa Scott commented  · 

    I completely support the creation of integration from the schedule to the main body of the Return. Improvement in the space would streamline processes and avoid double processing. Xero is so clever in using the one file for XPM, it would be great if the same tools were applied to tax so that schedules fed info through to avoid duplication and potential keying errors.

  3. AU Tax - Update Contact default to Tax agent/Practice name

    6 votes

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    submitted  ·  1 comment  ·  For accountants & bookkeepers » Xero Tax  ·  Admin →
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    Melissa Scott commented  · 

    I completely support the above criticism. My clients will be upset seeing an unfamiliar name also. Given every accounting practice moving to Xero will be importing hundreds if not thousands of Returns, a solution to choose the default to Tax Agent is needed asap.
    The functionality of assigning a manager and the use of practice manager software is defunct, with the solution I was offered by Xero Central of not assigning one.
    You have great software made ordinary by this part not moving properly.