- Location
- South Wales UK
What is initially cost then ongoing costs difference?
Is there a very small ,simple business type version that does vat requirements?
Xero - tips and tricks
- Thread starter Steevo
- Start date
Is there a very small ,simple business type version that does vat requirements?
- Location
- North Wales
They all do a simple/limited starter version for circa £10-15/month but they're restrictive.
They're all monthly payments nowadays with no one off initial payments.
- Location
- South Wales UK
Can you run a few business or rather sub businesses, or enterprises under the one monthly subscription?
EG:- Main business farming, then say renewables, farm shop, cottage , contracting etc etc type sub headings or accounts ?? It would all be under 1 tax liability in the end whatever.
- Location
- South Wales UK
Looking at pricing, intuit quickbooks seems cheapest possibly??
- Location
- North Wales
Yes probably is, if you use an account, see what options they have, they'll only pay a small amount for the subscription and add on their own profit, some don't add much at all.
Just starting up a non farming ltd business, vat registered. Will only have two employees to start with, would you recommend the xero paye £5/month software or just use the hmrc software which is free. £5 month is not a lot if it saves some hassle or time.
- Location
- Shropshire
I use the Xero payroll for the farm, and HMRC for another business which only has one employee. the HMRC software is not as easy, but if your requirements are fairly simple, it is doable. It's just a bit slow, and things like pensions have to be calculated manually, whereas Xero will do that for you. There are also other options - I used to use Mypaye, which I think was £1/employee/month. It's better than the HMRC option and can integrate with Xero, and calculate pensions although I never got that far.
- Location
- South Wales UK
What HMRC Options ???
- Location
- Northumberland
You can download a freebie that calculates PAYE & NI Produces P45s etc & sends the required data to HMRC
As said above it`s OK for a few employees but not brilliant. Get what you pay for I guess
- Location
- South Wales UK
O yer, not vat thoughYou can download a freebie that calculates PAYE & NI Produces P45s etc & sends the required data to HMRC
As said above it`s OK for a few employees but not brilliant. Get what you pay for I guess
- Location
- Northumberland
Xero been improving bank reconciliation lately. Out of over 50 transactions last week only 3 needed more than click ok. 1 was a new customer. Other 2 were payments covering multiple invoices.. Because our bottled milk invoices are created by a separate system, when the payment comes in needed to select customer, select income code & description.
Now all filled in auto. Impressive
Now all filled in auto. Impressive
- Location
- Southwest Scotland
I am new to Xero and I just can not work out how to input the sale of cull sheep at market?
My problem arises when I want to deduct my costs i.e. commission/meat inspection charge ( VAT ) and levy/insurance ( No VAT ) Zero does not like the way I have been trying to do it as the final ’total’ is different from the original bank feed amount.
My problem arises when I want to deduct my costs i.e. commission/meat inspection charge ( VAT ) and levy/insurance ( No VAT ) Zero does not like the way I have been trying to do it as the final ’total’ is different from the original bank feed amount.
marshbarn
Member
- Location
- shropshire
click the right box bottom for add details, then put gross sheep sales in first line with vat exempt .
then on next line put commision ect as a negative number then vat 20% on exspences.
then click vat exclusive top right and it should all add up
- Location
- Southwest Scotland
Thanks Marshbarn. Is that a negative number in the unit price eg -11.00?
marshbarn
Member
- Location
- shropshire
negative commision charge eg £ -24.50 in the unit price box
- Location
- Northumberland
Example here
- Location
- Southwest Scotland
Upnortheast- so I just put in ( ) for my unit price for commission and levy/insurance. Thanks
- Location
- Shropshire
I don’t use brackets, I put -80.91.
Does same thing though
- Location
- Southwest Scotland
Cheers hopefully I am now getting there
- Location
- South Wales UK
Dreading it???
Expanded and improved Sustainable Farming Incentive offer for farmers published
Expanded Sustainable Farming Incentive offer from July will give the sector a clear path forward and boost farm business resilience.
From: Department for Environment, Food & Rural Affairs and The Rt Hon Sir Mark Spencer MP Published21 May 2024
Full details of the expanded and improved Sustainable Farming Incentive (SFI) offer available to farmers from July have been published by the...
From: Department for Environment, Food & Rural Affairs and The Rt Hon Sir Mark Spencer MP Published21 May 2024
Full details of the expanded and improved Sustainable Farming Incentive (SFI) offer available to farmers from July have been published by the...