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
Useful Information regarding UK and EU Countries Transitions
If you move goods between the UK and countries within the EU, you will need to follow the new customs and tax rules. We understand how challenging it can be for many businesses, so we have outlined some information below to help you navigate and manage this change. Useful Resources HMRC have support available to help businesses understand the new … Read More
Sage 50cloud Accounts update: V 27.2
New EU E-commerce rules due to come into place as of July 1st From 1 July 2021 new EU e-commerce rules will come to place. In the article below we have covered what you need to know and what this might mean for your business. It should be noted that these schemes are not mandatory and rules have been introduced … Read More
OCR technology to help bookkeepers
OCR is a method of transforming data digitally. Whether it be handwritten documents, images or receipts OCR software will convert your documents so that they can be saved electronically. OCR is now everyday life for most bookkeepers and accountants. In these modern times, most have steered away from ‘shoe box’ receipt archives. With the latest software such as AutoEntry, Dext, … Read More
What VAT Code should I use for bank charges paid?
At Sage Accounts Solutions we get so many questions about tax codes. We’ve had lots of recent questions arise in our Facebook Groups too, where like minded Sage users hang out and help each other with queries just like this. If you’re not already a member, then please join us! What code should you use for bank charges paid? It … Read More
Sage 50cloud Payroll Bureau v27.1 is now available
Sage have announced the release of Sage 50cloud Payroll Bureau v27.1 and it’s now ready for you to download and install. Later this week it will become mandatory to complete the update and you will not be able to access your software until you have installed this latest 27.1 update. We advise on updating your software as soon as possible. … Read More
Don’t ignore the elephant in the room
Do you often ignore the elephant in the room? Pushing complex tasks to the bottom of the pile hoping that they will go away? It’s easy to push tasks like this aside. If you find yourself doing this on a regular basis then it might be worth establishing the reasons behind putting more difficult tasks to one side. Is it … Read More
What’s new in the Sage 50cloud Accounts and Sage 50 Accounts v27.1 release?
Following the release of the latest version of Sage 50cloud Accounts and Sage 50 Accounts, v27.1, we thought we would put some facts together for you about what’s new. What’s new in Sage 50 Cloud Accounts? The new upgrade gives you assistance to ensure that you are Brexit compliant, with the introduction of new tax codes. Download our latest Post-Brexit … Read More
Is Sage Essentials being discontinued?
As some of you may know, Sage has discontinued Sage 50 Essentials and no longer sell it to new users. However, if you have Sage 50 Essentials and you’re still using it, what does this mean for you? We had an email last week from a client who runs a small business, and that has a Sage 50 Essentials subscription, … Read More
Beware HMRC fraud! Our insiders account…
Fraudsters are becoming more imaginative in their ways of scamming people out of their money. It’s unfortunate to say that there are so many scams doing the rounds, and HMRC are aware that their name is being used to convince people to hand over their money. According to UKfinance.org in 2019 criminals managed to steal over £1.2 billion through fraud … Read More
