Our groups have been busy including a lot of worth throughout our platform over the previous month, together with enhancements to Hubdoc, short-term money move, tax updates within the UK and extra. We’re additionally getting some unbelievable suggestions on our newest options in new experiences — particularly sticky headers and report annotations. When you haven’t tried new experiences but, it’s a good time to provide them a go.
When you’re a Xero accomplice, don’t overlook to register for our upcoming quarterly product replace, the place our schooling crew will stroll you thru a demo of all the most recent releases, so you may keep your advisor certification.
New options
Robotically add Xero contacts in Hubdoc — World
When Hubdoc publishes a doc to Xero, it requires a contact identify. Beforehand, you needed to manually search and fasten a contact for any new suppliers in Hubdoc. Nevertheless, we’ve launched a brand new characteristic that routinely provides the provider extracted from the doc if it’s already a contact in Xero. This automates extra handbook duties, supplying you with again extra time in your day.
Replace overdue payments and invoices in short-term money move — World
Within the weeks forward, you’ll have the ability to change the deliberate and anticipated dates of overdue payments and invoices in bulk inside Xero Analytics and Xero Analytics Plus. This may guarantee your short-term money move projection is as correct as potential and can assist you make knowledgeable choices about your corporation.
Take advantage of current releases in new experiences — World
We’ve made numerous enhancements to new experiences in Xero over the previous month.
Sticky headers
We’re making your life simpler by introducing sticky headers to transactional-style experiences in Xero. This performance freezes heading rows on the prime of the browser while you scroll down the web page, making it simpler to analyse the info.
Report annotations
We’ve additionally launched report annotations to new experiences. This lets you add commentary to entries, so you may alert your shoppers to areas of curiosity or consideration and actually convey the numbers to life.
Monitoring classes
When you have as much as 100 energetic monitoring choices in a single class in your organisation, you’ll now have the choice to use our monitoring frequent format report within the aspect panel of the Revenue & Loss (Earnings Assertion) report, moderately than constructing it from scratch. This enchancment was primarily based on buyer suggestions following the discharge of frequent codecs late final yr.
Transactions by contact
We’ve enhanced the Earnings & Bills by Contact and Drilldown experiences in new experiences. New options embody the power to group and kind, add textual content blocks, and add the contact identify to the title of your report.
Reimagine your Xero expertise — World
We’re persevering with to roll out our recent new look throughout Xero. It’s all a part of our work to improve the expertise that underpins the Xero platform, so it doesn’t gradual us down over time. This improve will assist us ship the options you want in your corporation or apply, whereas additionally enhancing pace and accessibility. Listed below are the newest design modifications in Xero:
- We’ve made enhancements to the design and structure of financial institution reconciliation inside the Xero Accounting app, to make your expertise simpler and extra accessible (iOS and Android).
- A brand new structure for the principle varieties in Xero Tax (Australia solely) has been launched to enhance the best way you discover, navigate and add info. These modifications are presently switched off by default and you may proceed to make use of the older model, if desired.
- Within the weeks forward, we’ll be rolling out modifications to the best way hyperlinks and buttons are displayed in financial institution widgets inside the Xero dashboard, so you may clearly see an important motion.
Alter your VAT flat fee scheme returns — UK
Organisations on a flat fee scheme can now add non-posting changes to containers within the VAT return and entry a brand new VAT audit report, Non-Posting changes by VAT field. This enhancement means you may make changes that aren’t despatched again to the overall ledger from inside the return.
Enhance your workflows in Xero Tax — UK
We’ve just lately made numerous enhancements to the options in Xero Tax.
Firm accounts tax
You’re now in a position to see backing computations, that are an in depth breakdown of figures that make up the corporate tax return (CT600) in Xero Tax.
We’ve added extra disclosures to firm accounts, to clarify property beneath lease agreements, dormant firm submitting standing, dormant firm disclose workers, and elevated the variety of administrators who can signal. We’ve additionally made substantial enhancements to the formatting and presentation of accounts.
Private tax
Now you can file tax returns the place capital positive aspects revenue must be disclosed. We’ve additionally included a downloadable capital positive aspects report to indicate breakdown of disposals for CGT.
As well as, we’ve been making compliance updates to current schedules, together with including extra info to a self employment schedule from the 2020/21 tax yr onwards; supporting international earnings; resubmitting rejected returns; producing IR marks; and improved search performance within the international revenue schedule.