"PPS: Although producing the correct results on the VAT Return, and the correct figure for profit, the method inflates income and expenses by £100 each for the example used.
It would be nice if Xero provided a method of dealing with this…"
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Limitations of the Budget Manager
Started this discussion. Last reply by gsgordon Feb 16, 2011. 2 Replies 0 Likes
The budgeting feature is limited to simple incremental amounts per account per month and can only budget up to a maximum of 24 months. The budget report can be exported to Excel, but there is no…Continue
Chart of Accounts for Flat Rate Scheme
Started this discussion. Last reply by gsgordon Oct 11, 2010. 3 Replies 0 Likes
When you choose one of the Flat Rate Schemes for VAT in Financial Settings, the screen says in rather small print -in your Chart of Accounts, all asset and expense accounts will be changed to 'No…Continue
Is there a quick way to "zero everything"?
Started this discussion. Last reply by gsgordon Oct 11, 2010. 2 Replies 0 Likes
The Demo Company is very useful when you are learning about Xero. However, I also felt that starting with a blank slate was useful when trying certain things - it seemed easier to observe the…Continue
Multiple users online
Started this discussion. Last reply by gsgordon Nov 8, 2010. 5 Replies 0 Likes
Maybe I've not looked hard enough, but I can't find anything in Xero Help about what might happen if 2 or more users are online in an account, and operating on the same company.From something that…Continue
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gsgordon replied to Stuart Jones's discussion VAT on services supplied from abroad (Reverse charge)"I have just asked Xero Support the same question about accounting for AdWords and got the same reply as Chris Smit, except Chris should have said that boxes 6 & 7 would show £100. I have tested Support's method in Xero and got the…"
gsgordon replied to Tim Wettone's discussion Recurring journal entries"There's a request related to this on the API User Voice at "Repeating Journals would be great" - it was on page 7 with 3 votes, until I added my 2.
Even though this is for the API, it sounds like Catherine is suggesting you…"
gsgordon replied to gsgordon's discussion Limitations of the Budget Manager"@James - have a look at a useful discussion about this on LinkedIn at the Xero Group. You will have to join the group to see it, but it's worth it since the Xero CEO even contributes!"
James Thurlow replied to gsgordon's discussion Limitations of the Budget Manager"Agree although I'd like it more flexible than this where we can put figures in per year rather than per month. Many things work out better for us to pay for in one lump rather than monthly - this budget planner expects me to spread costs…"
gsgordon replied to adempster's discussion transaction types coding for import"@Catherine: The term "Transaction Type" is confusing as it's used elsewhere in Xero with other meanings. It sometimes means you can tick a box on a report to get Cash transactions - for example, see Help on Account Summary. In the…"
gsgordon replied to Adrian Pearson's discussion Should we migrate to LinkedIn?"I had failed to spot the LinkedIn group, so thanks Adrian!
First reaction is to go to the mountain, but I'll try Xero on LinkedIn for a while to check it out."
gsgordon posted a discussionLimitations of the Budget Manager
The budgeting feature is limited to simple incremental amounts per account per month and can only budget up to a maximum of 24 months. The budget report can be exported to Excel, but there is no import facility.For business planning purposes, it would be much more useful if the budget could be imported. We have just completed a plan for growing a business where we needed to have event-driven changes in various accounts - such as the changes associated with additional staff, e.g. in payroll,…See More
gsgordon replied to gsgordon's discussion Multiple users online"Glad to see this was polled. I see the voting is reported as 13 for and 15 against, not a great result either way. However, there are still quite a lot of users like me who would like to see a Xero user manual. The objection based on the pdf getting…"
gsgordon replied to gsgordon's discussion Multiple users online"It might be interesting to get users to vote on whether they would like to have a user manual."
Catherine (Xero) replied to gsgordon's discussion Multiple users online"Yes we did think about it early on and got a few requests to provide a manual - which we seriously looked into and even had a prototype book printed which was very exciting. However, with product releases coming thick and fast, keeping such a…"
gsgordon replied to gsgordon's discussion Problem importing coded bank statements after setup"Thanks Catherine,
Importing coded bank statements is so useful that I'll put up with having to include the tax rates!
[As long as I remember to use "No VAT" on expenses, which I'm in the process of re-doing from scratch with…"
Catherine (Xero) replied to gsgordon's discussion Problem importing coded bank statements after setup"Thanks to the way you've cross-referenced your CSVs you've highlighted an inconsistency on our part - so sorry about this and I'll see about getting this changed.
As for the way we've built the coded statements - you do need…"
gsgordon replied to gsgordon's discussion Chart of Accounts for Flat Rate Scheme"Thanks Catherine,
I've emailed support but I'd appreciate it if you could follow this up with them.
Regards, George"
gsgordon replied to gsgordon's discussion Is there a quick way to "zero everything"?"Thanks Catherine, I've started a new trial organisation and the advice about ignoring (most) of the setup details was helpful (I do need to change the financial settings as you might guess from my post on the FRS)."
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