Step 1: Go to the Chart of Accounts page in Xero
This is found under Accounting > Advanced > Chart of Accounts in the Xero file.
Step 2: Click "Add Account"
Step 3: Enter in new accounts for each sale, purchase, and valuation accounts as needed
*Code | *Name | *Type | *Tax Code |
1101 | Sales - Dairy Heifers 0 to 6 months | Revenue | Zero Rated Income |
1102 | Sales - Dairy Heifers 6 to 12 months | Revenue | Zero Rated Income |
1103 | Sales - Dairy Heifers 12 to 18 months | Revenue | Zero Rated Income |
1104 | Sales - Dairy Heifers 18 to 24 months | Revenue | Zero Rated Income |
1105 | Sales - Dairy Heifers over 24 months | Revenue | Zero Rated Income |
1106 | Sales - Dairy Steers 0 to 6 months | Revenue | Zero Rated Income |
1107 | Sales - Dairy Steers 6 to 12 months | Revenue | Zero Rated Income |
1108 | Sales - Dairy Steers 12 to 18 months | Revenue | Zero Rated Income |
1109 | Sales - Dairy Steers 18 to 24 months | Revenue | Zero Rated Income |
1110 | Sales - Dairy Steers over 24 months | Revenue | Zero Rated Income |
1201 | Sales - Beef Heifers 0 to 6 months | Revenue | Zero Rated Income |
1202 | Sales - Beef Heifers 6 to 12 months | Revenue | Zero Rated Income |
1203 | Sales - Beef Heifers 12 to 18 months | Revenue | Zero Rated Income |
1204 | Sales - Beef Heifers 18 to 24 months | Revenue | Zero Rated Income |
1205 | Sales - Beef Heifers over 24 months | Revenue | Zero Rated Income |
1206 | Sales - Beef Bulls 0 to 6 months | Revenue | Zero Rated Income |
1207 | Sales - Beef Bulls 6 to 12 months | Revenue | Zero Rated Income |
1208 | Sales - Beef Bulls 12 18 months | Revenue | Zero Rated Income |
1209 | Sales - Beef Bulls 18 24 months | Revenue | Zero Rated Income |
1210 | Sales - Beef Bull over 24 months | Revenue | Zero Rated Income |
2101 | Purchases - Dairy Heifers 0 to 6 months | Direct Costs | Zero Rated Expenses |
2102 | Purchases - Dairy Heifers 6 to 12 months | Direct Costs | Zero Rated Expenses |
2103 | Purchases - Dairy Heifers 12 to 18 months | Direct Costs | Zero Rated Expenses |
2104 | Purchases - Dairy Heifers 18 to 24 months | Direct Costs | Zero Rated Expenses |
2105 | Purchases - Dairy Heifers over 24 months | Direct Costs | Zero Rated Expenses |
2106 | Purchases - Dairy Steers 0 to 6 months | Direct Costs | Zero Rated Expenses |
2107 | Purchases - Dairy Steers 6 to 12 months | Direct Costs | Zero Rated Expenses |
2108 | Purchases - Dairy Steers 12 to 18 months | Direct Costs | Zero Rated Expenses |
2109 | Purchases - Dairy Steers 18 to 24 months | Direct Costs | Zero Rated Expenses |
2110 | Purchases - Dairy Steers over 24 months | Direct Costs | Zero Rated Expenses |
2201 | Purchases - Beef Heifers 0 to 6 months | Direct Costs | Zero Rated Expenses |
2202 | Purchases - Beef Heifers 6 to 12 months | Direct Costs | Zero Rated Expenses |
2203 | Purchases - Beef Heifers 12 to 18 months | Direct Costs | Zero Rated Expenses |
2204 | Purchases - Beef Heifers 18 to 24 months | Direct Costs | Zero Rated Expenses |
2205 | Purchases - Beef Heifers over 24 months | Direct Costs | Zero Rated Expenses |
2206 | Purchases - Beef Bulls 0 to 6 months | Direct Costs | Zero Rated Expenses |
2207 | Purchases - Beef Bulls 6 to 12 months | Direct Costs | Zero Rated Expenses |
2208 | Purchases - Beef Bulls 12 18 months | Direct Costs | Zero Rated Expenses |
2209 | Purchases - Beef Bulls 18 24 months | Direct Costs | Zero Rated Expenses |
2210 | Purchases - Beef Bull over 24 months | Direct Costs | Zero Rated Expenses |
2120 | Dairy Livestock - Valuation Movement | Direct Costs | No VAT |
2220 | Beef Livestock - Valuation Movement | Direct Costs | No VAT |
3101 | Dairy Cattle On Hand | Current Asset | No VAT |
3201 | Beef Cattle On Hand | Current Asset | No VAT |