Managing Multiple Properties
Hello @lloyd877 You would do this using a merchant account, here are a summary of the steps using your example. Set up a new merchant bank in the banking screen (this acts as the estate agent). Pay...
View ArticleAuto Submission to CH / HMRC
Hi, It’s a one off. Think it was £110 for the CT600 and 20 for CH Weve prepared them, pay nothing until you hit submit. Rgds William
View ArticleAuto Submission to CH / HMRC
Thank you. Really helpful and I will add it to my to do list. Regards Michael
View ArticleAuto Submission to CH / HMRC
BTW I should have added I have used QuickBooks since the 1997 Desktop version right up to the current online version. Intuit rather writing the online version from the ground up have tried to morph...
View ArticleTrading styles and reports
Hello @tomtolkien The trading style is just a way of showing the invoices in a different visual way. If you wish to report on them you would need to use something to break out the financial figures...
View ArticlePaid-up capital
Hello @yoshi Please see the article below Setting up your Management Information
View ArticleSide Hustle Banking - Feeds and Tagging
Quick question, I am currently looking at setting up a new consultancy business on the side, which I will be running seperately to my other two Ltd companies. In the past - I have ran a sole trader...
View ArticleSide Hustle Banking - Feeds and Tagging
Hello @JoeT I would still reccomend setting up another current account to keep the business transactions separate, even if it is just a free current account. deleting transactions would cause the bank...
View ArticleEntry of VAT inclusive line items on sales invoices
Good afternoon, I have a client who would like to be able to enter VAT inclusive line items on sales invoices, with the expectation that Quickfile would then calculate the VAT element and show the...
View ArticleSide Hustle Banking - Feeds and Tagging
Okay, thank you. I need to check with my bank as I am not sure if they will allow me to create a current account just for receiving money in and moving it out. It might cause me to have my accouns put...
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Entry of VAT inclusive line items on sales invoices
Hello @Alister I have added the example you describe in the recording below and I get the correct figures? Are you doing something different?
View ArticleEntry of VAT inclusive line items on sales invoices
Hi Steve, Thank you for your prompt response. I was entering the VAT inclusive value in the unit cost column, working on the assumption that the right-hand (greyed out) column was not an editable...
View ArticleDid the issue with Quickfile not being able to specify an exact date to...
Hello @adnw It’s not possible in QuickFile But the date specified in QuickFile is passed to GoCardless, so they should honour it With recurring invoices, it’s requested as soon as possible, plus the...
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Coop banking feeds
Hi all, @JoeT yes i agree, it’s very frustrating and has caused me more then one bookkeeping mistake. @QFSteve thanks for passing on the bug about importing CSVs, but it would be much more helpful to...
View ArticleCapital on Tap integration
Hi, i am using the upload csv for Capital On Tap - on their CSV it shows only one column with the credits and debits and which ever what I do it on QF, they come up reversed. Any ideas please?...
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Open Banking - Token Connections
Hi @QFMathew, Any word on this yet? Or is it just not going to happen? Cheers
View ArticleDid the issue with Quickfile not being able to specify an exact date to...
thanks for the reply. it does get a bit frustrating. it seems to be that when using quickfile to charge via gocardless, if you raise the charge or invoice, it takes on average 3 working days for that...
View ArticleEntry of VAT inclusive line items on sales invoices
The option is to enter the line totals including VAT - you want to set the qty first, then adjust the VAT rate (if it’s not 20%), then enter the total in the right column and it will back calculate...
View ArticleThe online accounts and Company Tax Return service is closing
For many years I have been using SA2000 to file correctly tagged returns with both hmrc and companies house. They have versions for companies, individuals and trusts and for a company it’s about £30 I...
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Entry of VAT inclusive line items on sales invoices
Thank you Ian for that clarification - very helpful.
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Coop banking feeds
Hello @madbilly Please see this thread which explains more Open Banking - Token Connections Feature Request Hi all, I didn’t realise there is a Vote button at the top of this the first time around....
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Capital on Tap integration
Hello @fanny159 If you choose “Other” as the bank you will see the option to “Reverse amounts”
View ArticleSantander bank feed delay?
New to Quickfile and impressed so far. Have set up feeds on a trial for Santander and Wise. Just tried a refresh on both and Santander fed me nothing despite a transaction yesterday. Wise fed me one...
View ArticleSantander bank feed delay?
Hello @stevespace The open banking feeds are run overnight automatically. We only import transactions the bank deems fully booked/completed, they usually do this overnight but some banks take longer...
View ArticleSantander bank feed delay?
looks like the transaction I was worried about just showed up. Speed not super critical to me - just getting used to how this works and trying to decide if it’s worth paying for the bank feeds versus...
View ArticleCapital on Tap integration
Hi – that is what I thought would happen but it didn’t – no option came up? Thanks though.
View ArticleHow to Log a Payment
Hello Its says that I have two overdue invoices from customers but these have both been paid but the transactions have not matched up with the invoices, does this have to be done manually? is it...
View ArticleHow to Log a Payment
Hello @Chloe44 It depends on how you are using the software. Do you have a bank feed, upload bank statements or record bank transactions manually? If its manual you can open the invoice and click log...
View ArticleHow to Log a Payment
I record them manually so brilliant yes Ill try logging it now thanks
View ArticleHow to Log a Payment
Okay I just logged the payment and it added it to my balance so now my balance is incorrect. I sent them an invoice directly from quickfiles, how would I undo this and rectify it?
View ArticleHow to Log a Payment
Hello @Chloe44 Which balance is incorrect? (the bank, the client or something else) If it is the bank open the banking screen, then the relevant bank and delete the payment (th invoice would then be...
View ArticleHow to Log a Payment
Okay thanks so Ive deleted the payment , yes my bank balnce was incorrect it has duplicated the payment, it says money owned to you on the screen so Im trying to get that to 0 by logging the payment
View ArticleHow to Log a Payment
Hello @Chloe44 Virw the banking screen and are there any transactions for the amount of the invoice which say “Tag Me” Tagging your bank transactions
View ArticleCoop banking feeds
Hi @QFSteve, Yes, that thread explains that Co-op uses a different banking feed method from many other banks, but that’s not a technical reason. Is it just a policy that Quickfile will now only...
View ArticleCoop banking feeds
Just wanted to say I’m watching this thread so that when it is supported I can switch to quickfile.
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How to correct log a payment received against an invoice in another currency?
Hi Quickfile team, A supplier has, rather irritatingly, chosen to send payment in Euros against an invoice which I sent them in GBP. When I try to tag the EUR payment received as partial payment...
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Open Banking - Token Connections
Hi all, I’ve been trying to understand this, why Quickfile won’t implement token.io bank feeds. I can only conclude that it’s a commercial reason, because it doesn’t seem like there’s a technical...
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How to correct log a payment received against an invoice in another currency?
madbilly: I had expected to be able to log payments received in any currency against an invoice in any other currency If the invoice is in EUR you can log payments in EUR or GBP, if the invoice is in...
View ArticleOpen Banking - Token Connections
It would be so helpful for Quickfile to implement support for token.io, specifically for the Co-op business bank feed
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Open Banking - Token Connections
Never say never! As you can imagine, Making Tax Digital is taking up a good amount of time behind the scenes. The level of interest in a feature does help. Although it’s not the deciding factor, we do...
View ArticleMarks & Spencer Bank
Hi @SLHC We can certainly consider it. Does M&S Bank offer business accounts?
View ArticleSelf assessment filing with HMRC and Companies House
As per the new requirement issued by HMRC and Companies House I would like to know whether Quick file will incorporate the facility of all filings with HMRC and Companies House shortly
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Self assessment filing with HMRC and Companies House
Hi @Nisha You can read more about how QuickFile will support this on the below links - quickfile.co.uk Making Tax Digital (MTD) for Income Tax and Self Assessment (ITSA) - Free... Making Tax Digital...
View ArticleData import
Hello @smoothbooksltd As long as you can extract your data in CSV/XLS format you can import from any software. Here are some articles to get you started. Transferring information from another...
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Open Banking - Token Connections
Hi @QFMathew, Right now after 3 years it feels like never. The number of votes for this probably won’t increase much, and also probably not commercially relevant, I mean £15 each for 11 accounts, I...
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