In the latest version of Sage 50cloud Accounts (v27.2) Sage have introduced various new features, one of which is a new tax code being introduced – T14 for ‘Import of goods-No VAT’ which affects box 7, no VAT. We’re delighted to announce that our Sage 50 Accounts Support Community was instrumental in this new tax code being introduced, well done … Read More
What you need to know about Sage Salary and Supplier Payments
In just a few clicks within your Sage software you can securely pay all of your Salary and Supplier payments, but what are the benefits? Saves time and reduces errors Your staff and supplier payments can be submitted directly from your Sage software which means you don’t have to manually re-enter information such as bank details and it’s not necessary … Read More
Invoice basis or cash basis for VAT – what’s the difference?
When it comes to the time to register your business for VAT, whether that be because you’ve hit the threshold or that you are opting to register voluntarily, you need to decide whether it will be on an invoice or cash basis*. When we (Sage Accounts Solutions Limited) deliver training or are helping you to setup Sage, we have to … Read More
How do I access my VAT Reconciliation reports after I’ve completed my VAT return?
Calculating and filing your VAT return using Sage 50 Accounts is a fairly easy process and the software is user friendly, with information to guide you through the steps for completion, including how to generate your VAT reconciliation reports when you get to step 2 of the process. But what if you forget to print or save the VAT reconciliation … Read More
Bookkeeping can be a lonely place
Many bookkeepers’ start off their bookkeeping business alone, the majority remain that way for the duration of their business, whilst others build their businesses and welcome team members. Running a business independently, and mostly from home can be lonely, I’m sure so many people can relate to this after the past year we have all been through with all office … Read More
