Xero have sent a few emails recently, the latest one was titled “60 days before old reports in Xero are retired”. Don’t worry, 99% of you don’t need to do anything!
They’ve been developing a new reporting system over the last few years. The reports look much better and are far more powerful and easier to customize, so you want to be using them anyway.
The only time you’ll need to do anything is if you have a customized report using the old formats. There is a wizard you can use to transfer the report into the new system so that you don’t lose any of your settings.
I’ve done a quick screen recording with more information.