Hello, We use Xero for our bookkeeping and Harvest for time registration. We create invoices in Harvest, then send them to Xero via the Harvest App. We need to understand how we can automate it the other way around: when an invoice gets paid (and payments go through Xero), we would like Xero to tell...
The employee details page states: "If you want to change the details or delete this employee, please follow the relevant link." There is no relevant link to delete the employee, just "Change employee details >" wherein there's no ability to delete the employee. The employee in question has rece...
Hello I've recently founded a technology company (Adfin), building financial tools for sole traders and small businesses. Our first product is a simple and low cost invoice payment tool. This allows the user to:Drag and drop invoices to upload detailsAutomatically distribute the invoice to...
I registered a client for VAT Annual accounting as from 1 June 2023. I requested the annual accounting reporting date be set to 31 March 2024. Using TAS Books and Infoplex bridging software I am unable to submit the return as the dataset shows the VAT period being from 1 April 2023 to 31 March 2024 and HMR...
Hi, new user here. I've been using TAS for 30 years now having started with the old DOS version. I run a small accountancy practice with about 30 small clients (none of which are capable of operating their own software) who turn up once a year (or maybe four times if they are VAT registered) with the ubiqu...
I'm using quickbooks my home currency is GBP on 1/1/2024 i purchased from a store in USA $100 stock which my bank converted to 90 GBP and utilized my GBP balance. on 1/10/2024 i asked for a refund, but upon refund...my bank (revolut) Opened a new balance in my bank in USD and deposited the $100 there (a...
Hi all, hoping I can get an answer today as I need to finalise payroll! An employee has been given a bonus of £10k and would like to pay it into their workplace pension (not salary sacrifice). They are a higher rate tax payer. What's the most tax efficient way to make the contribution? Many thanks :)
Hi all, So as I sit here inputting the bank statements on my excel spreadsheet I think surely there is a simpler way.. Is there any way of dropping the statement into excel? I get you may have to tweak coloumns etc and organise the figures as you set out spreadsheet, but surely its better than the time con...
Hi Everyone, My question is to do with year end and opening balances on the P/L. My insurance expense is appearing as a negative on the balance sheet for Q1 2024 and using the journals I used below will this wash out through the year or did I make an error in my timings. I recorded the accrual expense on 31s...
Hi We are a small firm of accountants based in Leeds looking to buy bookkeeping/payroll/other small accountancy practices in West & North Yorkshire & surrounding areas up to approx. 100k. If this is something that may be of interest to you, please get in touch. Thanks Avanti
A client wants to deregister from vat, initially they said at 31st March but then gave me a sales invoice dated 9th April and a few April purchase receipts. I submitted the Jan-Mar vat return as usual, not including the April items. Would I be able to submit a one month April vat return in May whilst the Ap...
A client wants to deregister from vat, initially they said at 31st March but then gave me a sales invoice dated 9th April and a few April purchase receipts. I submitted the Jan-Mar vat return as usual, not including the April items. Would I be able to submit a one month April vat return in May whilst the Ap...
Shaun, I have seen the second Pilot paper - long question one, but I thought that one has not been officially issued yet.... I have not done it as I did not want to get myself confused if it not the exam format....yet. On the ACCA web site it only directs me to the standard 50 question one..... But not sure no...
I was hoping someone could tell me how I write-off multiple purchase invoices, that have been allocated to different nominals, on one suppliers acc. For example: Supplier A has a balance of £2000 in o/s invoices. This amount includes charges that have been made to various nominals e.g repairs, proj...
I have recently starting using accounting software, which means I now have to categorise all of my expenses in a way that I wasn't doing before! In my business I run a lot of pottery hen parties, and a local bar gives us a room for free, in exchange for buying a glass of prosecco for each of the hens who come t...
Hi, If this is a duplicate sorry my internet crashed. My question was post charges on a sales invoices to a customer, is this a cost of sale or expense. The customer receives an invoice with £400 for the table, Dr A/R Cr Revenue and the £50 goes the cost of sales or expense? If it goes to the cost of sales i...
Hi, If this is a duplicate sorry my internet crashed. My question was post charges on a sales invoices to a customer, is this a cost of sale or expense. The customer receives an invoice with £400 for the table, Dr A/R Cr Revenue and the £50 goes the cost of sales or expense? If it goes to the cost of sales i...
