The online accounts and Company Tax Return service is closing
Same here, Ltd company but only run part time as a hobby really with very simple accounts so we’d be struggling without the ability to submit the CT600 via Quickfile and would probably look elsewhere...
View ArticleLogic on Recurring Invoice Variables
Is there anyway to add some simple logic to the recurring variables - I need to generate an invoice that specifies the previous month and year. For example if it’s 01/05/25 and I use - ||MONTH-1||...
View ArticleCo-operative bank status
Thanks. This is important to me as the co-operative are by far the most ethical UK bank that offers business accounts. I’m looking to move to QF from QB for similar reasons but banking ethics have a...
View ArticlePaying sub contractors
Hi I own a roofing company and use 2 sub contractors on a daily basis and pay them at the end of each week, they are responsible for the payment of their own tax, how should I record these payments.
View ArticlePaying sub contractors
Hello @djmoores The following articles may help https://support.quickfile.co.uk/t/cis-contractors/9143 https://support.quickfile.co.uk/t/cis-subcontractors/12095
View ArticleLogic on Recurring Invoice Variables
Hello @AWS It is not possible I’m afraid. You could use ||MONTH+1M|| , but it would give the full date You could raise a feature request in the forum if you wish, that way other users could add their...
View ArticleLtd Company pension payment
Just giving a bump to see if anyone can give advice. Thanks in advance!
View Articleerrors in purchases submitted to HMRC-how to make amendments and resubmit
Hello. I have submitted my first tax return and noticed that I have accidentally omitted some purchase invoices and submitted certain others when they were actually quotes. HMRC also wants more...
View Articleerrors in purchases submitted to HMRC-how to make amendments and resubmit
Hello @ali1 Under MTD rules you can not submit a period twice. Once it is submitted all the invoices are locked. Enter the invoices you have omitted and they will get picked up in the next return. You...
View ArticleCapturing Credit Union Transactions
Hello @NDG1944 Cash accounts are used for physical cash so I would assume you would use a bank account. A full list of banks that we offer bank feeds for can be found at the link below....
View ArticleLtd Company pension payment
Hello @Smoo You could use a merchant account for this. First Create a separate merchant account in the banking screen for the agent. Tag the money received as a bank transfer from the merchant account...
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Card processing fees
Hello @Bobnoise They would need to pay with a business credit/debit card for the rule to apply. This isn’t something that QuickFile knows, and therefore can’t add the fee on. I don’t believe it...
View ArticleCard processing fees
Hello Steve, I offer business to business services and cannot absorb a 1.5% that I can legitimately can pass on. My work around is to offer a payment link via stripe, but I would prefer if I can offer...
View ArticleCard processing fees
Hi @Bobnoise My understanding of the ruling is that it can be applied to transactions where a business credit or debit card is used, rather than an actual business entity. This isn’t something...
View ArticleCard processing fees
Hi Matthew most clients pay by BACS and I dont want to add a 1.5% fee to them. I’m not sure why QF is refusing to offer passing on charging fees for Stripe but not PayPal. I only offer B2B services, I...
View ArticleCard processing fees
I don’t work for quickfile but from whatmatt and stevehave said I would think its being phased out and just hasn’t been removed for all the payment methods yet. Personally I wouldn’t want the risk of...
View ArticleLogic on Recurring Invoice Variables
I have to use the date option at the moment because of the same issue aws has. Would be a nice addition I think
View ArticleBrightpay error
I’ve just had to switch to bright pay as well. It took a few tries to set everything up not just with quickfile but nest too.
View ArticleReverse Charge VAT on ChatGPT?
Hi, We’ve been paying a monthly fee to OpenAI for ChatGPT - it’s a US company and the invoice makes no mention of VAT. Should I be paying reverse charge VAT for these purchases?
View ArticleReccurring invoices - auto-tag payments
Hello, Every month, I generate 40 recurring invoices monthly, and the customers pay them monthly Can I auto-tag bank transactions i.e. CustomerA, amountA, reconcile with the invoice CustoemrA, AmountA?
View ArticleWhy is "4900 misc. income" included in "Turnover" in the Profit & Loss Report?
Hi, I am testing Quickfile to do book keeping for my LTD Micro-entity. I think that the online software is very intuitive. However, I have a question. When I check the “Profit & Loss Report”, I...
View ArticleBest option for car lease
I was told by my accountant when last looking at car leases (electric) that I was best to get a personal lease as most of my mileage is personal and not business. My friend has told me his accountant...
View ArticleCard processing fees
Hi Spike, I agree with your position - perhaps for your business the fees are small. My customer was recently struggling to find the funds but had good credit - we talked and he absolutely agreed to...
View ArticleLandlord Version - additional reminders
Agree. I subscribed to the landlord dashboard mainly for the reminders feature, but I’m disappointed to see many key tasks missing. Examples include: Fire Risk Assessment Fire Alarm Certificate...
View ArticleFiling returns for income tax
Please can you let me know whether quickfile is ready for making tax digital for income tax in the same way we file returns for VAT, if so how does this work please?
View ArticleBest option for car lease
Hello @squarechilli The support team are not registered accountants and can not advise on this. I will leave this thread open for now as there are some accountants on the forum who may comment.
View ArticleReverse Charge VAT on ChatGPT?
If you would have been charged VAT when buying an equivalent service from a UK based supplier then yes, you should reverse charge. It should be revenue neutral (unless your sales are partially exempt)...
View ArticleFiling returns for income tax
Hello @nicola I would reccomend having a look at the below thread The online accounts and Company Tax Return service is closing - #6 by Darren_Smith
View ArticleReccurring invoices - auto-tag payments
Hello @macuser This is not possible, you would use one method or the other. Either Create recurring invoices then tag payments against them from the bank Or Use the Auto tagging feature can create...
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Reverse Charge VAT on ChatGPT?
Thank you. And if, err, ‘someone’ was dopey enough not to have remembered to think about this for purchases made last VAT quarter (already submitted of course), is there a way of fixing that on...
View ArticleBest option for car lease
Thanks, not looking for anything solid, just wondered what others do really.
View ArticleThe Top Four Invoicing Mistakes
Businesses are often guilty of making four mistakes when it comes to the invoices they’re issuing. Some of these mistakes are small and easily avoided; however, some are larger and can negatively...
View ArticleWhy is "4900 misc. income" included in "Turnover" in the Profit & Loss Report?
Hello @Amedeo_Beretta The default Profit & Loss report in QuickFile is indeed for management purposes, showing overall profitability, which is why it includes all income codes like 4900. But when...
View ArticleMissing transactions again
Hi I am missing transactions from April 11th, this was rectified the last time, please could this be sorted again please as I have my vat due in a couple of days and need to make sure my banking is...
View ArticleMissing transactions again
Hello @debz Most banks allow your to refresh for feed 21 days historically. You can do this in the banking screen by Clicking on Active Feed Refresh Feed Enter a date to refresh from Refresh
View ArticleHow to record payment from an insurance company paying for a tenants unpaid rent
hi im not sure how to correctly record this situation. Tenant A does not pay his rent. Tenant A leaves and also causes some damages. Insurance company A eventually paid out for the loss in rent and...
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Missing transactions again
Hello @debz No, go into the banking screen and next to the bank it should have an active feed label Click it and then click Refresh Enter a date to refresh from and then click refresh
View ArticleMissing transactions again
Ahh got it, have now done it and it has worked, thank you for that Steve Regards Debbie
View ArticleBalance credit and debit
Hi I have a very awkward supplier. I paid £1500 which was debited from my account one day. 2 days later i received a credit for a return of £500. When i then request an invoice they send it for £1000....
View ArticleBalance credit and debit
Hello @LDDesign I paid £1500 which was debited from my account one day Did they initially invoice you £1500?
View ArticleBalance credit and debit
No thats the annoying part - the only invoice i have is for £1000
View ArticleBalance credit and debit
Hello @LDDesign You can record it like this Record the £1500 as a money out transaction on the bank and tag it as payment to a supplier (select pay down multiple invoices then select “Payment on...
View ArticleFiling returns for income tax
Hi @nicola MTD for ITSA (for income tax and self assessment) is due to start next tax year and I believe that Quickfile will be ready for this. Limited companies are not involved in MTD as yet. The...
View ArticleNotes Column on Invoice Management
Add an additional column on Dashboard- Invoice Management for the ‘My Notes’. We already use the ‘My Notes’ section once you click into an invoice page. However, It would be great to view ‘My Notes’...
View ArticleCapturing Credit Union Transactions
Hi, I am not sure this really answers my questions. I have frequently checked the list of supported banks as a first port of call when introducing a new banking (true or pseudo) organisation. Even if...
View ArticleCapturing Credit Union Transactions
Hello @NDG1944 If the are set up as bank accounts in the banking window, they would show as assets and they would allow you to import bank style statements.
View ArticleFiling returns for income tax
Thank you so much for clarifying Paul. Nicola Harkin NH Bookkeeping Solutions Ltd 20 Lodge Way Mickleover, Derby. DE3 9BE. 07910076090
View ArticleFiling returns for income tax
Hi Paul, I appreciate that the date for MTD for partnerships has not yet been decided but will you be ready for this? Nicola Harkin NH Bookkeeping Solutions Ltd 20 Lodge Way Mickleover, Derby. DE3...
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