Xero Update: Payables and Receivables Available in Report Templates

June 5, 2017

Xero Update: Payables and Receivables Available in Report Templates

Monday, May 29, 2017 — Users can now include payables as well as receivables in Xero reports. This feature is one of the latest additions to the Report Templates in Xero accounting software.

Xero Blog

Effortless Forecasting

Report templates in Xero allows users to generate professional-looking reports, complete with the things you would see in a basic report template such as title page, a section where you could place all the contents and the logo (for branding). You can generate, and at the same time customize, these reports directly from Xero.

Image credit: Xero Blog

Management Reports for Tax Services

If you’re providing monthly tax services such as GST, sales tax or value added tax to your clients, then you can also use these lovely reports in Xero.

With just a few clicks, you can produce management reports in preparing monthly returns for your clients — no tax hassle and extra reconciliation included!

Creating Your Monthly Management Report Template

Image credit: Xero Blog

It’s easy to produce monthly management report templates in Xero! Follow these steps and you can create your own report template in just a few minutes!

1. After you finished creating your report template, you can head into your client’s Xero account and go to Reports > All reports > Adviser.

2. Once you’re in My Xero, click on Templates.

3. Click New Template.

4. Enter a name for your created template (ex: Monthly Management Report)

5. Include the reports that you need for your template. You can also include these reports for a much precise forecasting:

  • Aged Payables
  • Aged Receivables
  • Balance Sheet
  • Profit and Loss
  • Statement of Cash Flows

6. Adjust date range to “Last Month”.

7. Click Ready to Use.

Learn more on how to create and customize these report templates by visiting Xero’s Help Centre.

By Double Rule