Xero Blog

It’s often said that (almost) no one goes into business to do their own accounting. So it’s no surprise that many entrepreneurs lean heavily on a trusted advisor for support, particularly around busy times like EOFY when tax, compliance, payroll and other business obligations come into play. 

There’s now a little over two months to go before old reports in Xero are retired. Over the past year, we’ve been encouraging you to make the switch, with lots of education, support and advice from other small business owners and their advisors.

Managing people is one of the biggest challenges faced by small businesses. The complexity of payroll obligations makes this even more of a burden. In fact, last year we surveyed small businesses across Australia and found that 37% were worried they would accidentally pay their staff incorrectly.

Last updated 21 April 2023 Our team hit the ground running in 2023, introducing a number of exciting features to new reports that we know you’ve been waiting for — including the addition of foreign currency to new reports.

Last updated 14 April 2023 Gone are the days when you need to sit at the desk to get those pesky admin jobs done. With our suite of mobile apps, you have real-time information about your business or practice at your fingertips, and can tick off those smaller tasks on the go.

Over the next couple of weeks, we’ll be rolling out some changes to the search function in Xero. The functionality will stay the same, but you’ll notice it looks a little different. 

Reports: We’ve introduced a new Journal report that has the features you love from the older version, with additional functionality including convenience dates, customised columns, filters and more. Reports: A new version of the General Ledger Summary report is now available.

Did you know there are two versions of invoicing in Xero? There’s the original ‘classic’ invoicing experience and ‘new’ invoicing. New invoicing is the updated version with a refreshed design, new functionality and many of the features you know and love from classic.

It’s time to switch to new reports Here are the latest features we’ve introduced to new reports (don’t forget, we’re retiring the older versions of our reports on 31 July 2023): Foreign currency columns are now available on Receivable Invoice Detail, Receivable Invoice Summary, Payable Invoice Detail and Payable Invoice Summary reports Advisors can now add tax Disposal Schedule, Tax Depreciation Schedule, Pooling Summary and Pooling Detail reports to report templates in Xero HQ In short-term cash flow, you can now sort by description and amount in the summary view of your projection breakdown, as well as reverse the sorting order A chart icon will display next to business snapshot and short-term cash flow in the report centre, indicating that these include charts See how we’re Building on Beautiful We’re making some changes in Xero as part of our commitment to Building on Beautiful — which is about continuously upgrading our technology to build new features faster, giving our platform a consistent look and feel, and making sure we keep accessibility top of mind.