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  • Code for reverse charge invoices from the EU that also appears in Box E2

    Hi everyone, We get supplier invoices from within the EU. We are supposed to put these on Sage using a Reverse charge VAT code. As they are coming from the EU they are also supposed to appear in the value of the invoices in box E2 in the VAT Return…

  • Filing a VAT return but the previous VAT return back up wasn't loaded

    I am just about to file a VAT return to realise that the previous back up hadn't been loaded since the last VAT return. I know have two months worth of VAT returns on Sage 50, however one has already been filed. I need to file this months VAT…

  • Notification of Vehicle Arrival (NOVA) Vat Liability

    I have recently imported a vehicle to NI from EU, submitted the NOVA and have received word of a VAT liability. What is my best way to account for this? Just add as an adjustment to Box 2 and Box 4 of the next VAT return, or are there journals I should…

  • VAT return not matching GL codes

    Hi. I am trying to reconcile my VAT however have a difference between the total of NC 2200,2201 & 2202 and my VAT return outstanding at the time of TB being run. I have checked payment postings and all is correct (I thought a mis posting threw it out…

  • Quarterly Returns

    Our annual VAT bill is likely to be in excess of £2.3m a year. We currently submit monthly VAT returns but wish to file a quarterly return - will this be possible?

  • Northern Island VAT issue

    Good afternoon, I wonder if you can help me. We have a customer in Northern Ireland who we deliver goods to. When I ran VAT return, the VAT element of those invoices is not on VAT return (it is thought included in TB-2200), therefor I always have a…

  • Webinar - VAT Return - Reconcile your return and submit it online - Recording available

    Learn how to run through the wizard to generate your VAT Return and submit it online. This session has now taken place, but you can catch up with an earlier recording:

  • Faulty VAT return creation

    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,…

  • Managing your VAT

    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…

  • VAT Return Webinar - Recording Available

    Learn how to manually reconcile your VAT Return in Sage 50 Accounts. This session has taken place, but a recording is available:

  • Cashflow Forecast Errors

    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…

  • VAT Return - Most Commonly Used Tax Code Issue

    I have completed 10 VAT returns and every time I do, every single transaction appears in the verification results summary for transactions "not using your most commonly used tax code". Is there a way to tell Sage what my most common tac code is so it…

  • Changing from Cash to Accrual Accounting

    I have been instructed to change the accounts system from Cash accounting to Accrual accounting. Has anyone done this before and/or have any words of advice? I've read the instructions but would value personal opinions / advice if possible. This is an…

  • Webinar - The VAT Return - Booking now

    Learn how to work through the wizard to reconcile and submit your VAT Return online. Join us for a live session on Monday 24 July @2pm Book now >

  • How to defer claiming Customs VAT until paid to SARS

    Hi How do I defer claiming Input Tax on Imports to the period that the Freight Forwarder paid it to SARS in line with VAT regulations?

  • ALERT: VAT return >>> Issue when the session is closed on the trace of the real declaration

    Please be aware of a known issue when Extracting data on the Vat return ⇒ Actual behaviour/Summary In the case of : Creation of a VAT return in simulation mode. Extraction: everything is OK Change from simulation to real mode Extraction…

  • Reset wrong HMRC credentials when submitting VAT return via options or settings

    When creating a vat return if we enter the wrong gateway account details, for example of another company/site by mistake, even if we do not save that vat return and try to create it again the system somehow defaults to the gateway entered before and gives…

  • Nominal codes Vat rate

    Hello, I currently use Sage Instant Accounts and need to change a nominal code Vat rate as it is currently excluding this transaction from the VAT calculation, is this possible? It’s code 0050.

  • Live webinar - VAT reports and reconciliation - Recording available

    Join this session to understand which reports to run to reconcile your VAT figures prior to submission. This session has now taken place but you can catch up with a recording instead: Open the recording > Slides for this presentation: VAT Reconciliation…

  • Vat return and windows 11

    Hi have had a new computer which is windows 11. since having the windows 11 computer am unable to run a vat return - when choosing transactions for the vat return the computer either freezes or drops out of sage can run the vat return on other computers…

  • Changing VAT scheme to non registered

    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…

  • UK VAT Return not extracting any values in simulation mode (Offline VAT Form)

    When trying to extract UK VAT Return using the offline form and mode simulation no values are returned. Using function VAT Return(GESVFE) to extract

  • Webinar - Running a VAT Return - Recording available

    In this session you'll learn how to run through the wizard to generate your VAT Return and submit it online. This session has now taken place, but a recording is available: Open recording > VAT Return Handout.pdf

  • VAT Returns to use the Company country code

    When processing VAT returns Sage should use the country code of the Company for which you are doing the VAT return for and not use local window regional settings. Currenlty you have leave Sage and go to your windows setting and change regional settings…

  • Webinar - Reconcile and submit your VAT Return online

    In this session you'll learn how to run through the wizard to generate your VAT Return and submit it online. Join us for a live session on Thursday February 2 @ 2pm Open the webinar booking form > Not available for the live session? A recording…

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