Reporting in Xero
Reporting in Xero has become one of its main strengths. It coupled with the bank feeds, and ease of use is what makes Xero the great platform it is today. Xero has several pre-built reports that are ready to be used with a click of the mouse. These are standard basic and some not-so-basic reports that you can use immediately. If you have a more complex reporting requirement, you can customize the Xero reports using Layout Editor, which we will cover in Chapter 15. The pre-built reports apply to each Xero company individually. Xero also has report templates only available to advisors that can be applied at the firm level. We will cover report templates in Chapter 17.
Now that we have that out of the way, let’s take a deeper look at reporting in Xero. We will run a report, modify the settings, and review the report. Let’s begin:
- To get to reports, we click Accounting, followed by the Reports option below it.
Figure...
