Over the previous month, we’ve made updates to assist the transition to Single Contact Payroll Section 2 in Australia, enhancements to eInvoicing, adjustments to multi-factor authentication, and extra. Learn on for extra particulars about these and different product updates in Xero.
New options
Take pleasure in extra lovely stories — World
We’ve made a lot of enhancements to new stories in Xero over the previous month. Don’t overlook, we’re retiring the older variations of our stories in Xero, so that you’ll want to start out shifting your work throughout to the brand new variations. You received’t be capable to use the older variations of our stories from 31 July 2023.
- We’ve launched bar charts to the Prime Prospects and Prime Distributors stories. You can too swap between a bar chart, treemap chart or donut chart within the Bills by Contact and Revenue by Contact stories.
- The presentation of monitoring columns has been improved in new stories the place ‘observe report date’ vary is used. When the date of the column matches the date of the report, we now solely show the monitoring possibility identify, and don’t additionally repeat the report date in each column heading.
Search and examine tax charges in new invoicing — World
US and Canadian prospects can now search and examine the numeric tax fee in new invoicing, slightly than simply the tax fee identify. This provides you with confidence that the tax fee you’ve chosen for every line merchandise is appropriate. The speed is proven in brackets subsequent to the identify within the line merchandise dropdown and when looking within the cell.
See how we’re ‘Constructing on Lovely’ — World
We’re making some adjustments in Xero as a part of our dedication to ‘Constructing on Lovely’ — which is about repeatedly upgrading our expertise to construct new options quicker, giving our platform a constant appear and feel, and ensuring we maintain accessibility high of thoughts.
- We’re updating the feel and appear of the dashboard within the Xero Accounting app (iOS), making it simpler so that you can view and discover details about your small business.
- Now you can create a listing merchandise on the fly in Xero, as an alternative of being redirected to the services web page. When a listing merchandise has a file hooked up, now you can preview the file from the stock checklist view, making it simpler to preview recordsdata.
- We’re making some updates that provides you with a greater expertise when getting into worker data into Xero Payroll (Australia). This features a new design, tackle auto-fill and the power to ask workers to Xero Me from inside the worker document.
- We’re improving the design and performance of the checklist web page in quotes. These updates embody extra bulk actions, colored standing tabs and improved search and filter performance.
- We’re making some adjustments to the feel and appear of the reassurance dashboard, to make it extra according to Historical past and Notes and different pages throughout Xero.
Re-authenticate your gadget each 24 hours — Australia
In case you entry an Australian organisation, you’ll now must re-authenticate your gadget each 24 hours when logging in to Xero. This can be a results of regulation adjustments by the Australian Taxation Workplace. You possibly can nonetheless use your most popular authentication technique, comparable to Xero Confirm, Google Authenticator or Authy apps.
Transition your depart stability to STP Section 2 — Australia
We’re now arriving on the last stage of Xero’s transition to Single Contact Payroll (STP) Section 2, which introduces a set of recent ATO reporting classes for paid depart. You’ll now must categorise any present paid depart varieties as both Different paid depart (Sort O) or Ancillary and defence depart (Sort A). You possibly can simply do that with our transition software out there in Xero Payroll.
Apply credit score notes to an eInvoice — Australia & NZ
Beforehand, a adverse eInvoice couldn’t be accredited in Xero. We’ve made an replace in order that adverse eInvoices can now be transformed from a draft invoice right into a credit score observe, making it simpler to approve in a couple of clicks.
Attempt the Working Trial Stability beta in Xero Workpapers — Canada
Our new Canadian beta lets you simply generate a read-only view of the Working Trial Stability inside Xero Workpapers. You can too validate the impact of postings instantly on the adjusted trial stability, and establish any potential errors when reviewing year-end journals.
File your GST F5 varieties in Xero — Singapore
Now you can submit your GST F5 returns straight from Xero to IRAS in a single click on, eliminating the necessity to log into myTax portal to enter tax figures manually. As soon as submitted, you’ll obtain a notification of your GST F5 return standing from IRAS. You need to use the acknowledgment quantity in that notification to view the main points of your return within the IRAS myTax portal for 3 working days.
Keep compliance with Nationwide Insurance coverage charges — UK
The UK Authorities lately introduced a reversal of the 1.25% proportion level contribution to Nationwide Insurance coverage. This modification comes into impact from 6 November 2022. We’ve made the required fee updates inside Xero Payroll that may routinely be utilized to pay runs processed from this date onwards. If in case you have already posted or drafted a pay run to be paid after this date, we might ask you to take motion earlier than then, so the right calculations are utilized.
Change the way in which you hook up with NEST — UK
We’ve made the connection between Xero Payroll and the NEST office pension scheme quicker and much more safe. Now, while you join your Xero account to NEST for the primary time, you’ll want to offer your NEST credentials, which incorporates your employer ID, username and password.