Top Tip - Xero's Best Feature - A Best Kept Secret
It is a mystery to me why this feature is not used more often. I have yet to see a new client transfer across to Epiphany Accounting Solutions either as a bookkeeping client or an accounting client with this feature previously used.
GST Reconciliation - In your Xero you will find the tab GST Reconciliation. Here you can enter the amounts you have filed GST for sales and purchases with IRD. It shows you what has been paid, journals that have impacted GST, what GST is held in debtors and creditors and finally how much is owing in GST. You can then use this to reconcile with your GST balance sheet account.
The only reason I can think of as to why this feature is not used is that it has a flaw - in that it is not intuitive. Once you have entered your GST return information and saved, happy with your return. Next return time when you click on GST Reconciliation the information has disappeared. I can only imagine the number of people who give up on this feature at this point. But there is a trick!
Save your GST Reconciliation as published. When you are ready to do your next return go to Reports - Published. Click open your last return and at the bottom left hand side select copy and edit. Extend the date range to include your next return date and update.
Once you have completed your latest GST reconciliation, remember to SAVE as published. So easy. I hope this tip helps you manage your Xero Small Business GST with ease.
Of course if you need any assistance please reach out to me at info@epiphanyaccountingsolutions.co.nz and I am very happy to help you.
Poll: How important is the ability to book a doctor’s appointment online?
Hi Neighbours
Here at The Doctors we would love to hear how you prefer to book your doctor’s appointments. With busy schedules, different people find different methods easier.
For some, online booking is very convenient, you can make an appointment anytime without needing to wait on the phone. Others still prefer calling the clinic and speaking to a real person, especially if they have specific questions about their visit.
Your feedback helps us understand what works best for our patients and how we can improve access to care.
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27.6% I prefer booking online whenever possible
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41.4% Online booking is helpful but not essential
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27.6% I prefer calling the clinic
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3.4% I didn’t know online booking was available
Poll: Does a savoury scone require cheese on top, or folded inside?
Help settle the great kiwi debate ... cheese on top, or folded inside?
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76.4% Inside!
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23.6% On top!
Government targeted relief
My sister is a Pensioner living in Wellsford. She has an appointment at North Shore Hospital tomorrow afternoon at 2.45pm. The 160km round trip would cost about $50 which is too expensive. Instead, she will be taking a free shuttle leaving from Wellsford at 8am tomorrow, so will have almost 6 hours wait at hospital . It is not only families with children who are struggling. I do understand that not everyone can be accommodated in the relief, but just saying.
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