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  1. Fixed Assets | Depreciation - Update depreciation rate (AU)

    20 votes

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    5 comments  ·  Reports & tax » Fixed Assets  ·  Admin →
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    Gaining Support  ·  AdminDavina Roper (Admin, Xero) responded

    Thanks for the continued support for this idea, community. Currently NZ organisations can change an asset’s depreciation rate for future periods by adding a new adjustment period in Fixed Assets, without altering previous depreciation journals. See Add, edit or delete depreciation settings for guidance.

    We recognise this remains an opportunity for AU organisations, where this capability isn’t currently available, and we'll continue to monitor interest in extending this to other markets. We'll share if there are any plans made around this, here.


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    Sam Herbert commented  · 

    This would be super helpful!

    Sam Herbert supported this idea  · 

  2. AU Tax - Expand Financial Mapping to Include All Tax Return Schedules

    53 votes

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    8 comments  ·  Practice tools  ·  Admin →
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    Gaining Support  ·  AdminAnis Anuar (Admin, Xero) responded

    Hi community, thanks for engaging with this idea! It’s already gaining strong traction, and we can see how important this is to many of you.

    We understand the value of being able to map general ledger accounts directly to all tax return schedules in Xero Tax, not just the business schedule. This improvement would go a long way in streamlining tax workflows, increasing efficiency, and reducing the risk of manual entry errors.

    The idea is now in the Gaining Support stage. Your continued votes and comments help highlight its importance and guide our product team's priorities.

    Sam Herbert shared this idea  ·