Recently Active Topics - The Book-keepers Forum (UK)

I run a micro business that previously supplied only services. I've recently started to sell self-published books and I'm having difficulty understanding how to manage the stock of books in Sage 50 (UK Version 24). I'd like to explain what I've done so far:I had 100 copies of my book printed and set...

It's been a funny old year, and I don't think any of us knew this time last year that 2020 would be plighted by the Covid virus. Hopefully next year will start to see a return to some sort of normality. I wish all of you a lovely Christmas, and are able to make the most of it despite the restrictions.

Hi I have just joined and I need help with VT accounts. The company I work for has opened a savings account I need to know how to enter the interest earned. Thankyou

Hi Folks, sorry it's been a while. My mate works for the Royal Mail, and part of his job is to process all the mail that has illegible addresses. One day last week, a letter came to his desk, addressed in shaky handwriting, to Father Christmas. He thought he should open it to see what it was about. He opene...

Please confirm if the below is correct. If you have paid for the share capital then you would: DR Bank CR Share Capital If you have not yet paid for the share capital then you would: DR Directors Loan Account CR Share Capital

MY ALCOHOL (wine) BILL IS 172.26 including VAT - can anyone tell me what I have to divide it by to get the 22% of it?

Hello Advice please on how to enter ebay fees into sage accounts, the fees include vat to be reclaimed.

Hi I need to get a report from sage 50 pro showing P&L on a month by month basis which also shows same periods for prior year on month by month basis. Any idea how I get the report? Just actuals for comparison. -- Edited by Fredja on Friday 9th of October 2020 10:55:19 AM

Hi, our business has more than 1000 part numbers. Some of those part numbers may come from 2 or 3 different suppliers in different currencies. The supplier part number differs from the one that we use, but can all be cross referenced. Their part numbers to us can change as a product is updated. We recei...

Hello there, I am currently studying AAT level 3 and work as a volunteer bookkeeper for a small charity. We recently migrated our accounts from Excel to Wave Accounting which has been wonderful and free but I've just read an email which sounds like Wave are preparing to close their UK service. Does a...

HI All, Where is the Friday fun then, even though I read them late I really enjoyed reading them! Come on John please post some more. They brightened up my day during these mad times!

Hi all I have a client who sells through eBay and I'm look for software to connect the clients eBay account to Xero? They have two eBay accounts, two PayPal accounts and a website, so it's all quite complicated and I want to try to automate as much as I can. Does anyone have experience with this? and wha...

Hi all, I have been using Glide as my practice management software for many years now. Due to some ongoing frustrations with it, and the shiny shiny promises of oh so much automation of things that I currently have to do manually from Accountancy Manager it is very likely that I am going to moving over t...

Hi everyone I'm wondering what's happening about Anti Money Laundering regulations whilst lockdown is going on. Does anyone know if there is an extension? Thank you.

I am a book keeper (record keeper) for my husband and he has taken on a young helper part time paying him £100 a week. I looked on HMRC back in July and it said that due to the low level of his earnings, you do not have to register as an employer. I called HMRC and was told that as well. Apparently we just need t...

I am attending classes online through Zoom software due to covid 19 issues . They have taught me Accounting equation Journal Ledger and Trial balance Since the classes are online , the teaching methods are not of the highest quality . I still have to do a lot of self learning after they end the class bec...

This is the only accounting forum i have found online with some activity . The rest of the accounting forums looks like dead forums . Thanks

Are both the same ?

Hello! We have just moved from Clearbooks to XERO and I'm finding it really hard to know the correct way in XERO to explain/reconcile web-sales of goods (greetings cards/wrapping paper) we have made to customers in the EU, where we have charged them 20% VAT on goods (because they are end-users and not...

Scottish person in Scottish care home being paid for with pensions and rental of house in Scotland. Person with Power of Attorney POA, lives in England. Tax return was for Scottish Tax last year but this year, 2019/2020,has been changed to English - who is responsible for the Tax? Can I leave at Eng...