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12 votes
Thanks for sharing your idea to have the option to show the invoices on the sales overview as GST Exclusive.
We've reviewed your idea and updated the status to the 'Gaining Support' status. Along with votes, other members can now comment to share additional detail about how your idea could improve their experience with Xero.
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Karen Thomas
supported this idea
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Show Net (ex-VAT) and VAT totals in Invoice list views (Awaiting Payment & Drafts).
For UK VAT-registered businesses, the current invoice list views (including Invoices Awaiting Payment and Draft invoices) only show gross totals including VAT. This makes it difficult to understand true cashflow, as the VAT portion is not money the business gets to keep and will be payable to HMRC.
It would be extremely useful to be able to either:
Display Net (ex-VAT) and VAT as separate columns in these invoice list views, or
Toggle between Gross and Net totals in the list view summary.
This would allow business owners to quickly see:
What cash is actually coming to the business
What portion is VAT liability
A more accurate picture of real cashflow without needing to run reports