Sage 50 Accounts

Good afternoon, I have used the submissions module a few times now with no issues for a group submission but I have come to use it again and it is having issues finding data. I have been to settings and made sure that the location of submission files…

Upgrade a couple of weeks back to Sage 50 Cloud Professional - am I in the correct group to ask a question?

Hi, I have just submitted my 3rd quarter VAT return via the Making Tax Digital software. There was a refund of £750.00 for an invoice on the Credit Card statement so this transaction was input into Sage as a 'VR' transaction. This is a purchase credit…

Hi, I have posted some VAT journals to adjust for sales VAT which was originally incorrectly posted. We post our revenue as journals. The journal debits that i posted to adjust are appearing in BOX 4 which means the Box 1 is incorrect as well as box…

We are about to make our 1st MTD VAT submission and i have been transferring months worth of hand written ledgers on to sage. Edited a few bank receipts today using the steps from the transactions menu and ran a tax analysis report which seems to show…

To help your Making Tax Digital submission run smoothly, we've compiled a short list of articles that address the issues Sage customers have reported. https://ask.sage.co.uk/scripts/ask.cfg/php.exe/enduser/std_adp.php?p_faqid=45137

Hi, we purchased Sage 50c Accounts Essentials but we cannot submit VAT return online. After the purchase, the link sent by Sage to download sage software shows we have Sage 50 Accounts Essentials, however, the package confirmed by Sage in email says we…

Hi, I am aware that I need to upgrade my software and get the Sage 50 cloud accounts as the one i'm using at the moment does not support this. Our company has been told that our first MTD VAT return is due on or after 1st October 2019, this means…

I am trying to validate my licence for the new MTD module however it is coming up saying “There was a problem validating the licence. Please check the log files for details.” I have tried turning all my firewall off but the problem is still there. …

Hi, I have just tried to submit my first MTD submission but when i press next at the submission part of the wizzard it gives me a pop up but its just a blank screen and i cannot go any further. i have looked online and it looks like i should have…

We import CSV files into Sage as Journal's Credits/Debits are these still acceptable with Making Tax Digital? The CSV files are created by a piece of software (Windows Service) that connects to a Web API to access the data then builds the CSV file. The…

Depending on whether our purchases are more than 2% of quarterly turnover, our Flat Rate is sometimes 12% and sometimes 16.5%. Is there any way of dealing with this other than to change the VAT settings each time? Thanks

I have a client who has a Sage 50 instalation. They don't want tgo switch to the Sage 50C monthly payment model (and their ageing bookkeeper is unlikely to learn a new way of working I'm afraid). How do they make their Sage 50 v25 MTD compliant?

Most businesses are now eligible to join HMRC's Making Tax Digital (MTD) open pilot. If you use Sage 50 Accounts and you haven't signed up for MTD yet, our MTD checklist can help you make the switch. View Sage 50cloud Accounts MTD checklist >

Hello everybody, I was hoping to get some clarity on SAGE's MTD functionality. I am on subscription software so am told its MTD compliant, however I run SAGE on EUR base currency. I have asked SAGE in the past about this and was told that the current…

When will we be able to enable MTD on Sage? I was hoping to submit 2018 Q4 via MTD as a practice run before it becomes mandatory, but it seems you have to join a 'closed pilot' in order to do this.

The impact of Making Tax Digital (MTD) will vary from businesses to business. If you have Sage 50cloud Accounts already and you normally submit your VAT Returns direct from your software, then very little will change. Alternatively, if you currently submit…

I have the problem noted in article 28765, ' VAT Return Too Old: Invalid Period – You cannot submit a return over 12 months old' when trying to submit our VAT return as we use the annual accounting scheme. For the past few years this has been no real…