Sage Accounting UKI

I Have Recently bought a new commercial vehicle. I paid the VAT as a deposit. How do I put in the purchase invoice to claim the vat payment in 1 quarter. also how do I allocate the payment to show the vat side of it has been paid? regarding payments…

Hi, new here so apologies if this is wrong place to ask. We have a customer who resides in Netherlands. His vehicle is being stored with us in the UK. All parts (goods) and labour (services) are delivered/ carried out in the UK. In Sage Business Cloud…

Hello, I ran an RTD report and it looks like all zero rated services sales I made to the USA and Canada are showing in D1 (Home 0%). Is that normal? I was expecting to see services sales to all outside the state in D4. Best regards.

Hello. Newb here, relatively. I entered all my VAT period purchases. I then found a couple of extra VAT purchase invoices and added them. The extra VAT claimed does not appear in the VAT calculation. Manually added, my VAT reclaim comes to £512.52,…

Hello, When I file a return the values are rounded up or down so there is no floating numbers, only integers. Ex: £1.20 becomes £1 and 2.75 becomes £3. Sage Accounting does the same so when I run my VAT reports in the software I get the exact same…

Hi, I have received an invoice from a company based in Germany on Incoterm DDP (delivery duty paid). The invoice shows the 20% VAT element on the items and VAT has been included in the money paid. My problem comes in entering this invoice. The supplier…

Has anyone noticed within Sage Business Cloud Accounting on the summary page it does not remove the VAT liability. Normally this removes from the cashflow when it is paid. Today I have noticed that it is deducting on cashflow out, then it appears again…

My company is non VAT registered so I'd like all transactions (purchases or sales) to default to No VAT on posting (default is 20%). Under Financial Settings there is a VAT section and default scheme is Standard. When I try to change this to Not Registered…

Hi, I've recently imported some goods from the US. I have the C79 certificate for import VAT and duty, but I do not know how to post this on Sage One? I can only find support for Sage 50. Can anyone help? Thanks!

I'm struggling to accurately enter an expense in 'Other payments'. My receipt has inc and exc VAT amounts shown, so I've entered those and all is correct - until I get to the total paid, which is a penny out. Obviously Sage is not recording rounding…

Hi, We received a county court claim which we have now paid, I just need some help on how to post this onto to sage and wether VAT is applicable or not? The original supplier account still has outstanding invoices but the claims payment was made to…

Hello. My business is located in RoI (set up in 2016) and we have a new supplier located in N.I. We only buy goods from this supplier, no services. Normally we receive invoices with goods rated 0%, 13.5% and 23%. However, this supplier has everything…

Hi We are now registered for VAT wef 1 January 2021 on a flat rate scheme. In 2020 (previous financial year), we purchased 2 vehicles, and my understanding is that we can reclaim the VAT back of the vehicles at 20% with our first VAT return - due by…

We recently migrated from Sage 50 to Sage Cloud Accounting, which happened to be mid VAT period. When it comes to submitting our next VAT return, how do we go about accounting for transactions which occurred on the old system? If we run the return on…

Hi all, We are not VAT registered. We are purchasing a service from someone who IS. So they will charge us VAT. However there's no option to include this on the purchase invoice except to roll it into the price of the line item. The VAT Scheme documentation…

Not sure if this is the right place, really wanted to submit an idea! Please can you amend the vat code structure within Business cloud accounting so we can use different vat codes other than the normal. I need a vat code to use a vat code of 9.6…

I submitted by previous VAT return and recently paid it via the HMRC website. Naturally, this payment shows as a transaction in my bank feed. The easy thing would be to assign it to the code for VAT, but I can’t. What am I supposed to do with this transaction…

I have been using Sage for the past 5 years for our business but literally only using the invoicing and recording payments features. I have never linked our bank up or anything and now we have gone VAT registered from May 1st. I believe I need to set…

Hi, I am hoping someone may be able to advise me with regard to removing my VAT registration status within the Sage Cloud accounting software. I ended my registration on 26 Jan 2020 and subsequently ran a final VAT return. This was accepted by HMRC…

I produce corporate events in the U.K, and I sell sponsorships to companies abroad. Sage automatically sets the VAT to zero rated. For my specific purposes, I do not believe this is correct. I can't figure out how to override the zero rated VAT. Any ideas…

Hi, I receive invoices from various companies in the US, some of which charge me VAT. I assume they are VAT registered in the EU as the VAT number has an "EU" prefix. I am confused as to how to account for this in SageOne. If I enter the company as…

Hi, how to run a VAT overall report for the year (not per vat return period) ? Thanks, Natalia