Just started using XERO this year. When a user customises a P&L and/or Balance Sheet report to display relevant account groupings, it's unbelievable XERO doesn't facilitate this customised report layout to be used across all variations of these financial reports. Instead XERO expects users to spend countless non-productive hours creating account groupings in every different type of P&L and Balance Sheet report display version. It is commonplace to run many different variations of these financial statements for a business, aligning with varying business analysis requirements. Of note, MYOB uses account groupings in the Chart of Accounts so P&L and Balance Sheet reports of any variation are automatically formatted correctly. What's your reasoning XERO???
Tania Howard
supported this idea
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Just started using XERO this year. When a user customises a P&L and/or Balance Sheet report to display relevant account groupings, it's unbelievable XERO doesn't facilitate this customised report layout to be used across all variations of these financial reports. Instead XERO expects users to spend countless non-productive hours creating account groupings in every different type of P&L and Balance Sheet report display version. It is commonplace to run many different variations of these financial statements for a business, aligning with varying business analysis requirements. Of note, MYOB uses account groupings in the Chart of Accounts so P&L and Balance Sheet reports of any variation are automatically formatted correctly. What's your reasoning XERO???