Management-style reporting packages for month or year end

Management-style reporting packages group Xero's older standard reports and specific text-based information in one larger report. They are only available for those with the Advisor user role and are intended for month-end or year-end reporting.

Only users with the Advisor user role can access these reports. Other users can view management reports that are saved as draft, published or archived.

Management Report

The Management Report consists of these standard Xero reports:

  1. Executive Summary
  2. Cash Summary
  3. Income Statement
  4. Balance Sheet
  5. Aged Receivables
  6. Aged Payables

You might like to save or publish the Management Report, as a single report, at the end of each month.

If you wish, you can customize the layout of the Income Statement and Balance Sheet or drill into them to add detail reports to the report pack.

Year End Reports

The Year End Reports report pack is made up of standard Xero reports and specific text-based reports.

Change the reporting standard to suit your business type using the Reporting Standard drop-down in the Compilation Report.

You can also customize the layout of the Income Statement or the Balance Sheet reports or drill down and add further reports to the report pack.

Reconciliation Reports

Reconciliation Reports consist of standard Xero reports you can use to identify variations in your accounts:

  1. Trial Balance
  2. Aged Receivables
  3. Aged Payables
  4. Bank Account Reconciliation**
  5. Fixed Asset Reconciliation
  6. General Ledger Exceptions
  7. Journal Report

** There will be a Bank Account Reconciliation for each unarchived bank account that you have in Xero.

Generate a management report pack

First, on the Reports menu, select All Reports.

The management report packs are available from the Accounting section.

The panel of report options available on each report within a pack are exactly the same as the options available when you're generating one of these reports individually from the Reports menu. You can change the date, comparison, YTD and other options specific to each report as required.

Use the Update button to generate your management report package with the options you've chosen. Use the Update button each time you change the date or other report options.

Tips for working with text-based management reports

Edit text reports to suit your company

  • Some of your text-based reports may ask for company-specific options to be set from this panel, e.g. imputation credits, auditor's name, all of which you can change and set as necessary.
  • The default text is sample only. You can delete the text entirely, or just change parts of it to meet your specific reporting requirements.

Edit a summary

Year End Reports and Management Report automatically save to draft

  • If you change the default text in a report inside a report pack, or add a summary or footnote and save these changes, Xero saves the whole report pack on the Draft tab. You can keep working and save as many times as you like.

  • If you leave these reports but want to keep working on them later after saving changes, make sure you come back to the report pack on the Drafts tab in the Report Center.

Customized report pack layouts

If you have created and saved your own layout and have set it to be the default for these reports for this organization, that layout will display by default for the management versions of the report. Similarly, if you create a layout for either of these reports while creating a Management Report or Year End Report and save it as the default, this will be the layout Xero displays when you access these reports individually from the Report Center.

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