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  1. Profit & Loss - customise comparison dates

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    1 comment  ·  For small businesses » Accounting features  ·  Admin →
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    Gaining Support  ·  AdminAnis Anuar (Admin, Xero) responded

    We understand that customising comparison dates in the Profit & Loss report would give you more control over how you view and analyse business performance, especially when you're working with non-standard reporting periods.

    Currently in Xero, if you run the P&L for a custom date range (e.g. 1 Jan 2025 to 27 Jan 2025), you can compare that period with the previous:

    • Year – shows 1 Jan 2024 to 27 Jan 2024
    • Quarter – shows 1 Oct 2024 to 27 Oct 2024
    • Custom – automatically sets the comparison period to the same length (in this case, 27 days) immediately before your selected range, so it would show 5 Dec 2024 to 31 Dec 2024

    This idea’s now in Gaining Support. If this would be helpful for your workflow, feel free to add a vote or comment to share how you’d use it. Your input helps the team better understand what…

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    Harriet Mitchell commented  · 

    To include an option the standard P&L to compare the same period last year. ie So when you run for part period such as 01/01/2025 - 31/08/2025 you can compare with the 01/01/2024 - 31/08/2024. Can currently do as a custom report but not part of standard

    Harriet Mitchell supported this idea  ·