Welcome to the Sage Accounting Support Group on Community Hub! Available 24/7, the forums are a great place to ask and answer product questions, as well as share tips and tricks with Sage peers, partners, and pros.
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,…
If you're VAT registered, you'll need to manage VAT transactions and complete / submit your VAT Return. The Help Centre has a series of knowledgebase guides and videos to help keep you on track. Topics include:
Registration and schemes
The VAT Return…
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
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…
