A few questions regarding VAT
Thanks Ian, yes all of my sales are paid up front, but most things I buy are also paid up front. I think you're right about talking to an accountant, maybe it's time I hired one. The thing is, they...
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A few questions regarding VAT
Paulwk1972: I think you're right about talking to an accountant, maybe it's time I hired one. The thing is, they might have their own way of doing things and I like using quickfile to do my...
View ArticleA few questions regarding VAT
Hmm, I think I might have to use cash based VAT accounting, because I use cash based accounting. I don't think you can run a business on the cash basis and then register for VAT and use the accrual...
View ArticleLogging import duty on stock
We regularly import from US (a non VAT country) so none of our US supplier invoices include VAT. When our shipments reach UK, our freight agent pays VAT on this imported stock on our behalf and then...
View ArticleA few questions regarding VAT
Where did you get that idea? Cash basis for income tax and cash accounting for VAT are different things, I'm pretty sure you can combine them either way.
View ArticleA few questions regarding VAT
Hi Ian, I think I stumbled across it on some forum somewhere last night when I was half asleep, tired, and confused. Although I use cash accounting for tax (it had a lot of advantages it seemed,...
View ArticleExport Customer Details to csv
How do you exporta all customer and supplier details to a cvs file I need to send data to our new CRM system. I can only export customer names?
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Logging import duty on stock
You can split the invoice as follows: Pasted image785x302 28.5 KB This invoice is assuming the agent fees are non vatable but you can change the last line accordingly if this is not the case.
View ArticleExport Customer Details to csv
Did you run a backup and have a look at the detail there? That should contain everything you need in CSV format. There is a separate CSV file for client records.
View ArticleAccounts Access to Your Third party
Glenn, You have completed my year end accounts for the last two years. This year when I went in as normal all I got was a list of accountants that would complete them for me. Anyways I have gone with...
View ArticlePayments from Amazon.de and Amazon's invoice
Thank you Please correct me if I'm wrong. In my Amazon's case I have to create for Amazon following:1. Merchant account (it will mirror gross payments from my real customers to my Amazon's "account"),...
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Payments from Amazon.de and Amazon's invoice
So my last question would be: Because I use Currencies Direct's (FX Broker) collection account for all my EUR payments from Amazon I will have to create Merchant account for CD too? that means that...
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Accounts Access to Your Third party
Hi Lee, You can access your previous years supporting files here: http://groupexec.quickfile.co.uk/secure/ye/workspace.aspx?j=360 We have just recently relaunched our year-end service and are now...
View ArticlePayments from Amazon.de and Amazon's invoice
If your Amazon receipts are coming into an FX account you'd need to also define this EUR account on QF. I would seriously look at getting a bookkeeper, it will save you a great deal of time.
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