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- Use Your GPFR In Xero System
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XYZ & GPFR in Xero
- XYZ & GPFR In Xero Checklist
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- GPFR Refresher
- GPFR in Xero Set Up
- Use Your GPFR In Xero System
- Structure
- Revenue
- Retentions, Receivables & Payables
- Provisions & Employee Benefits
- Inventory & Work In Progress
- Intangible Assets
- Related Parties & Key Management Personnel
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- Deferred Tax & Tax Effect Accounting
- Leases & Right Of Use Assets
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Example Reports
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AASB 1060 Tier 2 Resources
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Conversions, Guides, Systems & Checklists
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SPFR in Xero
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I want a GPFR prepared
Can I copy a published report
Yes.
Should you?
That depends, we say probably not.
Keep these items in mind when copying a published report:
- It copies structural changes from last period, not financial ledger information, for example, if you had grouped some accounts in the profit and loss, or added a rental statement, or used tracking
- If you update report fields (change director name or address), then a new report is needed, as copying a published report does NOT reflect the new report field information (director names or address)
- If you need to add disclosures back (you deleted them last year) then this will be time consuming and risky
Our recommendation = avoid using the annual copying process, it comes with risk.
Copy button at bottom left.
TIP - You copy the STRUCTURE of the report, and the TEXT in the report.
The amounts in the general ledger will update.