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3 results found

  1. Prepayments & Accrual Schedules

    253 votes

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    39 comments  ·  Invoices & quotes » Invoicing  ·  Admin →
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    Accepted  ·  AdminKelly Munro (Community Manager, Xero) responded

    Hi everyone, thanks for sharing your feedback on prepayment and accrual schedules. We appreciate you explaining how important this is for your month-end processes and workflow efficiency.

    I’d like you to know your idea's been carefully reviewed by our product team. They appreciate and understand the need for tracking revenue and expenditure related to prepayments and accruals, however at this time with other initiatives in the roadmap such as improving the bill creation and payment processes there are currently no plans for this in the pipeline.

    We’re keeping a close account of the support in this here, and will continue to review this opportunity within future planning. If there’s any progress made I’ll be sure to share with you all, here.

    Ben Quast supported this idea  · 

  2. AU Payroll - Option to select non reportable allowance

    70 votes

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    35 comments  ·  Payroll & expenses » Payroll  ·  Admin →
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    Gaining Support  ·  AdminDavid Reynolds (Admin, Xero) responded

    Hi everyone, thanks for your continued feedback. To be upfront, we do not have any planned work to change how non-reportable allowances are processed at this stage. Currently, you need to use a reimbursement pay item to process these allowances. Our product team has confirmed that this remains a compliant solution with the ATO.

    However, we hear you. We know that relying on reimbursements involves workflow challenges. While it's not on our immediate roadmap, we will continue to monitor your feedback and will update this thread if anything changes.

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    Ben Quast commented  · 

    it's ridiculous that this is still not a feature - either meet all the ATO requirements for STP Phase 2 or don't provide payroll at all

    Ben Quast supported this idea  · 

  3. Xero tax (AU) - Foreign Rental Schedule Capital allowance and Capital works Asset worksheets

    37 votes

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    5 comments  ·  Practice tools  ·  Admin →
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    Gaining Support  ·  AdminKelly Munro (Community Manager, Xero) responded

    Hi everyone, we appreciate the engagement from you all in this idea.

    Right now, we do not have plans for adding asset worksheets for Foreign Rental Capital allowance, or Capital works in the Income Tax return.

    We will continue to keep a close eye on the interest for these through this idea, and share if there are any updates.

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    Ben Quast commented  · 

    Amazing this isn't available - it doesn't need it's own, just make available the existing assets schedule to integrate with the foreign rental property workpaper

    Ben Quast supported this idea  ·