Sage 50 Accounts

We have downloaded our first Postponed VAT statement from HMRC. What postings need to be made to include the amount in our next VAT return

Hello, We import goods from the EU & have been using a Freight Agent since January 2021. We operate under "Postponed VAT" and use the VAT code T18. All has been working OK but I have now discovered there are some errors where the Freight Agent has…

Morning Everyone, The Brexit queries are flying in now I know v27.1 is due to be released with some Brexit Update changes. But from 01/01/2021 a lot of Companies will be (or already are) applying for foreign based VAT numbers (i.e UK companies are…

I have been trying to figure out how to post the VAT adjustment for Uber Eats for a while now and have only got as far as knowing that I need to use the Reverse Charge mechanism, but to do this I need Uber Eats VAT number which is a struggle in itself…

When i ran my VAT period a message has flagged up with 4 transactions that are unreconciled and before 1/3/19 Do you want to include these earlier unreconciled transactions? We are cash accounting, basically there are 4 payments that were made In…

I have done a manual VAT adjustment on my VAT return which relates to a VAT only customer credit note that wasn't picked up on a previous VAT return. This adjustment has been coded to the default nominal code for Manual Adjustments code 2204. Can I…