Prepare to change to new reviews

Should you haven’t made the swap to new reviews, we urge you to begin transferring your work throughout now, so you may have loads of time to get used to them earlier than the older variations are retired. Listed here are the most recent options we’ve launched to new reviews:

• We’re introducing a present monetary yr by month report in addition to a Financial institution Reconciliation report pack
• We’ll now remind you to avoid wasting your customized report earlier than you navigate away from it, so your adjustments aren’t misplaced
• Now you can add a Money Abstract report and Government Abstract to report templates in Xero HQ
• When you choose the figures within the ‘This month’ column in your accounts watchlist on the Xero dashboard, you’ll now be taken to the brand new model of the Account Transactions report
• Any columns with zero balances will now not be displayed in Revenue & Loss report (monitoring frequent codecs), so that you’ll solely see the columns that comprise information
• Our Xero Analytics instruments, short-term money circulation and enterprise snapshot, are actually out there within the report centre, in addition to the enterprise menu within the navigation bar
• We’ve launched a brand new 2022 Schedule C report template for advisors within the US. The outdated template will nonetheless be out there if you should atone for your 2021 submitting

See how we’re Constructing on Lovely

We’re making some adjustments in Xero as a part of our dedication to Constructing on Lovely — which is about constantly upgrading our know-how to construct new options quicker, giving our platform a constant appear and feel, and ensuring we preserve accessibility prime of thoughts.

• We’re making design enhancements to the teams function on the ‘All contacts’ web page in contacts. There shall be no change to performance
• We’re introducing payroll historical past to the Organisation, Calendars, Pay Objects and Superannuation tabs within the payroll settings part of Xero Payroll (Australia solely) 
• The bill record within the Xero Accounting app (Android solely) is being refreshed, making it simpler so that you can view and discover details about your corporation.
• We’re refreshing the brand new merchandise creation web page in services and products, inside stock in Xero
• We’re refreshing the depart, timesheet and approve screens inside Xero Me

Different new options in Xero

Hubdoc credit score be aware detection — World

Hubdoc will use machine studying to determine when a doc could also be a credit score be aware and flag it to you for evaluation. This function shall be rolled out steadily over the approaching weeks.

Modifications to XPM and Xero HQ — World

We’re making adjustments to your Xero Apply Supervisor (XPM) and Xero HQ account. Some adjustments had been launched in November, whereas extra adjustments to fields in Xero HQ will apply from 12 December.

Enhancements to job supervisor in XPM — World

We’re rolling out enhancements to the job supervisor ‘All Jobs’ tab in XPM from 1 December 2022. It options new sorting, filtering and search performance, in addition to the power to replace the precedence and state immediately inside the desk.

New clients default to new invoicing — World

We’ve began to make new invoicing the default expertise for brand spanking new Xero clients. Traditional invoicing continues to be out there and you’ll swap between the 2 at any time.

Get assist inside Xero — World

Now you can entry Xero Central help articles with out leaving Xero, by choosing the query mark icon within the navigation bar on the prime of the display.

Kind doc packs in Xero HQ — World

Now you can type doc packs by the date they had been accomplished, in addition to their created and despatched date. The distinctive URL may also be bookmarked or shared for later use.

Map completely different tax charges in Shopify — World

We’ve up to date the Shopify integration by Xero with improved gross sales tax performance for companies in Australia, NZ and the UK. This can provide help to handle your tax obligations, whereas streamlining the method of reconciling Shopify gross sales with payouts. Strive it free for 30 days on the Xero App Retailer.

Auto tremendous accounts in Xero Payroll — Australia

To maintain your Xero account safe, we’re asking you to attach an lively financial institution feed to your registered computerized superannuation account.

Remaining stage of STP Section 2 transition — Australia

We’re happy to let you understand that all three phases of the STP Section 2 transition are actually out there in Xero Payroll, that can assist you replace your information to the brand new submitting normal.

Extra fields in Xero Tax — Australia

We’ve added 26 firm return fields to our report builder in Xero Tax. This can give you richer information, so you may handle time-sensitive lodgements on your shoppers.

New GST charge in Xero — Singapore

The GST charge for Singapore companies will enhance from 7% to eight% on 1 January 2023. We’ll make the brand new 8% charge out there in Xero by 9 December 2022. Discover out the right way to handle this modification on the weblog.

Modifications to tax charges for low-value items — Singapore

There shall be some adjustments to tax charges of imported low-value items and distant companies that can apply from 1 January 2023. We’ll have new tax codes to account for these transactions in Xero.

ZAR billing now out there — South Africa

We are actually providing Rand (ZAR) billing to clients in South Africa. Our crew will assist current clients to transfer their subscriptions throughout, with new subscriptions solely out there in ZAR.

New BMO financial institution feeds — US and Canada

Our BMO financial institution feed is now out there for small companies within the US and Canada, permitting you to see your BMO transactions robotically circulation into Xero as soon as a day.

Import shoppers in bulk to Xero HQ — UK

Now you can use the ‘Import shoppers’ choice so as to add sole dealer and particular person consumer varieties (with tax information) in bulk to Xero HQ.

Partnership earnings in Xero Tax — UK

We’ve added a brand new schedule to assist accountants and bookkeepers report their shoppers’ share of partnership earnings. Xero makes use of the main points to provide a SA104 kind and calculate the right amount of tax.

Retailer authorities gateway IDs for private tax — UK

Now you can retailer authorities gateway ID data in Xero Tax and simply toggle between particulars when submitting a private tax return.