Pheasant Surprise
Member
- Location
- Woodbridge, Suffolk
Done. ThanksDont see why not. Its a non vat income, can put in some detail so the accountant can see what it is.
BG
Done. ThanksDont see why not. Its a non vat income, can put in some detail so the accountant can see what it is.
BG
Via Xero? I did it last week and went through, no problem.Has anybody else struggled to submit there VAT return now it’s all digital?
I can not submit mine, first the hmrc website was down, then it was under maintenance, it won’t accept me or submit my return.
When I get my £100 pound fine I will shove it up their arse and issue them with £100 fine for bolloxing the whole job up
Why I did my reg back in March....Tried to register last week for Mtd on website, went through it all and after submitting it, it said unable to proceed due to busy period of tax returns Try applying after June 16th. It’s a joke.
Last submission for the quarter ending Feb was done on the existing system, so much like Clive thought it best to move over now. Hence (ought to be) plenty of time to get any teething issues out of the way.
No time like the present as they say.
That’s the problem, hmrc won’t let me activate it, the other issue is it’s past 8pm when I’m in the office so I can’t ring the accountant or hmrc. I will try again tonightVia Xero? I did it last week and went through, no problem.
Have you gone through and done all the activation?
Also put the repayments for the finance into a Hire Purchase acc heading code. Remember they have no vat usually.
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Hi I’m in process of setting up in Xero, when it come to HP repayments for bank reconciliation how do you guys do it? Given that some are half way through?
Hope that makes sense
Just set up a repeating bill for the regular amount with an end date and reconcile to your bank feed.
I assume you mean recording the outstanding balance at set up . That would go in HP liabilities.Hi I’m in process of setting up in Xero, when it come to HP repayments for bank reconciliation how do you guys do it? Given that some are half way through?
Thank you all!I assume you mean recording the outstanding balance at set up . That would go in HP liabilities.
Maybe best speak to your accountant to check how they like to deal with that Some like to do a figure Under 1 year & over 1 year
I use Ezzybills which does cost me £150 a year but it’s a price for the number of invoices you do so can be had cheaper.
I didn’t like the idea of people directly emailing into the accounts. I have it all setup on my email, it sorts the regular invoices into a file which I check each day and just forward to my Ezzybills address. It then prepopulates a draft invoice which I check then approve. Usually the invoices are correct I may have to change a heading code or the vat amount. It has a thing for inclusive vat.
The only thing that annoys me is that if you change something in the description it won’t always type the correct word. You have to delete and start again.
I also email scans of all my postal invoices to Ezzybills
It is probably a little expensive but it works well and saves a substantial amount of time so I will keep using it.
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Big plus one for ezzybills here. I paid around 55£ for 700 invoices per year which just saw out 12 months. Cheaper than receipt bank and better, though the automation isn't infallible. I forward all emailed invoices and scan and drop all postal invoices. It's a big time saver. At less than £5 per month I think it's a bargain.