What you need to know about the final Job Retention Scheme payment

The job retention scheme ended on 30th September 2021. Final claims for September should be made by 14th October 2021. For September you can still claim 60% of your furloughed employees wages for the hours that they have not worked. This is capped at £1,875 per employee per month. You will need to top up your employees furlough by 20% … Read More

How can Satago help me with my cash flow?

If there’s something we all hate doing, it’s chasing invoices! Let’s face it, we don’t want to have to chase people for payment, it’s awkward and not a good use of our time. Satago gives you the option to automate your invoice chasing by integrating with your email. You can set up automated reminders that have that personal touch, so … Read More

What’s new in V27.2?

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

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

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

Have you heard about Pleo?

Recently I came across Pleo and I just had to share it with you! Pleo is a smart company card which integrates with Sage 50 Accounts and Sage Business Cloud Accounting. Simply load your card with cash and start spending! You can have multiple cards for your team which you can control and put spending limits on. No more surprise … Read More

What Changes have been made to the Furlough scheme?

If you are taking advantage of the Government Furlough Scheme then you need to be aware of the changes that came into effect from 1st July 2021. It is essential to continue to pay your employees at least 80% of their wages and the cap of £2,500 per month remains in place. You will continue to contribute to your employees … 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

Should I use Suspense or Mispostings?

One question we get asked a lot is “Should I use Suspense or Mispostings?” or “What is the difference between suspense and mispostings?” or “How do I know whether to use 9998 or 9999?”. They are all very good questions! The simple answer is: Suspense should be used for scenarios like ‘hmmm, not sure where to put this, so I’ll … Read More