How to Use Xero’s Management Reports to Impress Clients and Streamline Month-End Reporting
If you’re an accountant, finance manager, or business owner, chances are you’ve spent countless hours manually preparing month-end reports. With Xero’s Management Report package, you can now generate professional, comprehensive financial reports in just a few clicks—and your clients or management team will love it.
What is the Xero Management Report?
Xero’s Management Report is a pre-built, customizable reporting package designed to give decision-makers a clear, high-level overview of business performance—without digging through spreadsheets or complex ledgers.
Key Features:
- Executive Summary: Instantly provides insights on cash position, profitability, key balance sheet items, and financial ratios like gross margin and debtor days.
- Cash Summary: A simplified breakdown of income, expenses, and non-operating movements—ideal for non-financial managers.
- Profit & Loss: Compare actual vs. budget or view by department, region, or cost center for granular performance analysis.
- Balance Sheet: Standard presentation of assets, liabilities, and equity—customizable by period.
- Aged Receivables & Payables: See which customers or suppliers have outstanding invoices and how long they’ve been unpaid.
Bonus: One-Click Export
After building the report, you can publish and export it to PDF, Excel, or Google Sheets. The PDF option includes:
- Title page with report date, author, and company name
- Table of contents for quick navigation
- Formal layout perfect for presenting to boards, clients, or upper management
Use Cases:
- Monthly or quarterly board reporting
- Proof of deliverables for accounting firms
- Performance reviews for department heads
- Cash flow and decision-making support for business owners
Requirements:
Access to the Management Report feature requires Advisor or Standard + Reporting Access roles within Xero.
Conclusion:
The Management Report package in Xero makes it easier than ever to deliver accurate, visually appealing reports—no Excel wizardry required. If you’re serious about elevating your financial reporting game, this feature is a must-use.
Need help setting this up? Contact LiveSync Accounting for expert support and custom report templates.
