Hi, ... ... I would need some advice where to post kitchen utensils (ie wooden spoons,etc) in sage in case of a restaurant/take-away. Is it purchase charges ( in the region of 5100), direct expenses or overheads? I did set up an account in purchase ...
Hi, ... I'd be grateful if someone could help me with the following: ... ... I have an online shop and this is going to be my first tax return. ... My accountant prepared the books but I don't understand the following: ... ... Gross receipts (tur...
Hi, i have recently been handed some stock figures to be entered into Sage Line 50 2010, but they have confused me and was wondering if anyone could help? This is what i have been given: ... ... number of stock records = **** ... total number of par...
Hi everyone, ... ... I have a client who pays some staff on a ad hoc casual basis ad pays them cash and they are not on the payroll. I have been putting these amounts to the Drawings account and assuming the owner will have to pay the tax on it per...
Hi All ... Can anyone give me any advice - I am currently employed as an assistant accountant with full AAT membership and part CIMA qualified potenionally on the verge of being made redundant. My dream would be to work from home doing small busines...
Hi everyone, ... ... Im starting to do the books for a local hair and beauty salon and want to enter them into sage. ... ... The company is vat registered so when i get the till decs i work out the net and the vat. On the till decs there is a break...
Hi, the marketing company I work for have set up a new company to act as a sales arm. They've paid an amount out of the company bank account in order to create the limited company. Where is this posted in the ledger?...
Hello everyone. I am setting up business as a bookkeeper, and I have further studied Tax Returns but I think it is a minefield! Is it? Most clients seem to want this service from their bookkeeper but I do not feel confident enough in doing so. I have...
Some folks are confident that you should include vat exempt purchases in box 9 of the VAT return, in essence like zero rated items. ... ... Others confidently state you don't include vat exempt items in box9, in essence like out of scope items ... ...
Hi all, ... I'm relatively new to bookkeeping and have just secured my first client, I have recently passed my ICB level 3 manual and computerised exams but do not have the payroll qualification. The work I would need to do for my new client would...
Hi Folks ... ... Is anybody familiar with the concept of Suspense accounts? Is it true that they are only used when the TB does not balance? Also, is it true that they are only used when an error is found on one part of the double entry and so the...
Hi, I am struggling with a new business and sage line 50.........how do I post the purchase of the Van then depreciate it for year 09-10. The Van was purchased in November 2009 for £4500 (Its an old van and all we could afford). Many Thanks...
Hello everyone. ... My name is Karen I am new to the forum. And currently studying bookkeeping and accounting. And I need some help from you. ... ... I am doing a section on Partnership accounts and for some reason it is just not sinking in so I hop...
HELP!!! our company have some old & faulty products want to write off, I just wondering how to do the write off of faulty Product in Sage?? I am a little bit confused about the double entry in Sage.thanks every one!!! ... ... -- Edited by Dan...
Hi, ... ... I am sole trader (not VAT registered), I am selling within UK, but also I sold some stuff to one of the EU countries where I have opened bank account in foreign currency. My customers paid money in their currency straight into my foreign...
Hi Folks ... ... I am doing a book keeping assignment and would be very grateful if someone would kindly give information on the following - ... ... 1. For a contract to become legal, does it have to be in writing? ... ... 2. If a business is a su...
Hi All, ... ... I wonder if somebody could help me fix my revenue budgeting and labour budgeting. I am currently doing a sales forecast and labour forecast by employing the average method and taking the variance into consideration between years. I w...
ltd company want trading on the street. Do I get permission for street trading from council?How I record all transaction on the street with people who are buying from us.Is it any proof for street transaction?...
Hi its me again ... ... I stick to the sole traders so need help with a couple of questions that have been put to me from someone just setting out as a limited company as from next week. ... ... Do directors have their salary (£110) a week in this ...
Hi All can anybody tell me if a company has a pool car does the directors/employees incur any tax benefits?? suppose what I'm asking is do I have work out CO2 etc like any other company car for P11d purposses? ... ... It will not be used for person...
Hello, I am working for a new company, with no handover (!), whose purchase invoices sometimes contain the discount option.I can't find the help I'm asking for in SAGE help facility.... so I hope someone can point me in the right direction (I am sel...
Hi ... ... Has anyone attending HMRC Workshops ? ... Any comments ? ... ... ... I am booked to attend several of them over the next 3 months ... ... Newly Self-Employed
Hi ... ... Does anyone know if Local authority car parking is subject to VAT ... ... My client spends a considerable amount of time ( and money) parking in london ... for which he keeps the window sticker receipts but these do not generally bear a...
hi All ... ... we are a new company and have bought a new company van can you provide advise on how we enter this into sage line 50 - purchase and supplier payment or through the nominal ledger ... ... thanks jenny...
Hi All ... ... Not sure how this works?? if a persons final salary is being processed through the payroll which by the way is gross, would I show it as salary or final settlement? ... ... what are the implications for the person receiving the gro...
... Anyone frustrated with the bank reconciliation procedure? ... I would appreciate any comments on this idea ... Why not introduce MEMO bank statement account structure within Sage where the true Statement balance shows ... Its pretty easy to i...
Good Morning folks ... ... This is just to let you know that I passed my level 1 manual book keeping course yesterday - I got 94%. I am now thinking of going on to level 2. ... ... Many, many thanks to the kind people on this forum who have helped...
Hi, I am currently studying ICB Level 1 in Manual Bookkeeping and was wondering, when constructing the Trial Balance if the Drawings went into the Credit or the Debit column? ...
... I want to start my own shop, Kindly advise where could i purchased a low-cost apparels with a low freight charges. Thanks ... ================== ... Insurance | Accident Insurance...
