General Book-keeping & Accounting - The Book-keepers Forum (UK)

Pooh · Pooh

Hi All Basically Company A has decided to liquidate & set up Company B in it's place as of immediately. Petty Cash for Company B was not started from scratch so there are opening balances which are needed in order to make the accounts balance in sage. From my knowledge when you post in opening balanc...

Flower · Flower

So, I have been asked to carry out book- keeping on sage for a company recently. Day 2 and I find that the accounting records are a mess and dis-organised files. But first and foremost, the year end of the company is June 2013 for the coming year. Sage shows year end June 2011 which suggests that year end pr...

Flower · Flower

Just a quick one- my bank reconciliations are being done but when I press reconcile (zero unmatched) I still have a book balance that is different to the statement balance, why is this the case showing on a bank rec balance?

BookkeeperBasingstoke · BookkeeperBasingstoke

I have taken on the books of an LLP who have been using SAGE 50 2008 and the financial year is set from 01/05/2011 - 30/04/2012 ... it will not allow me to extend the financial year, but the year end on compnaies house is set to 31/05/2012 so I need to put in the extra months accounts into the year end accounts...

Pauljohn · Pauljohn

Hi there, AB Motors invoiced Company A for 10000.00 - purchase of new car Company A Sold an old Car to AB Motors for 1000.00 Manager at Company A Paid 1000 in advance towards the purchase of new car - on site payment - Company A hasnt reimbursed 1000 to the manager Company A Paid 8200.00 the next day to AB Mot...

KHagland · KHagland

Hello Everyone, I have a client who hires machinery and if they they hire to a non credit customer then they take a £500 deposit by credit card which is then refunded when the machinery is returned. My question is how do I account for this as the deposit is refunded but it could be days or months later and so...

BigDave · BigDave

I'm stuck, for the first payroll an employee was found to be due a PAYE refund giving a pay roll with a net pay exceeding the Invoiced sales. a directors loan has been used to fund, and a tax refund requested from hmrc.. What I dont know is what to do with the cheque from HMRC when it arrives ?? as at the end of...

katsafe · katsafe

My query is, VAT registered company in UK received invoice from French Company. Invoice (obviously in French) has Base 990,00 Taux 19,600% Montant 194,04 I presume the correct way to post to Sage is net 990.00 VAT code t8 VAT 194.04 total invoice 1184.04? The invoice does display the FR registra...

Palawan · Palawan

Hello, the sole partner of a business (GP practice) has paid for personal expenses through the business. Expenses include travel, food, telephone and internet costs. I am wondering how to record these expenses so that they are clear for the accountant. Would it be drawings? For now I have set up a s...

Lisa68 · Lisa68

Hi, I am slightly confused as to if I can claim mileage on the following: I am a self employed bookkeeper, one of my clients requires me to work at his office 4 days a week every week and I have also work from home for him on several occasions, can I claim the mileage to and from his premises or is this classed m...

Samilou67 · Samilou67

Hi, I have recieved this instruction from my accountant and I can do the first part easily but I'm not sure what she wants me to do with the second bit about depreciation, any ideas? 'Introduce the vehicle at £2500.00 via capital introduced and depreciate at 25% apportioned for the time period of tradi...

atterol · atterol

Hi. Can anyone help me with this? I have discovered that I had been given and had entered 4 duplications of invoices and their payments and want to clear them from Sage Instant Accounts. Thanks.

sarah100 · sarah100

I am new to bookkeeping and to sage, although I do have AAT. Have started up a business and need to log various receipts on sage that were paid for from various personal bank accounts/credit card accounts prior to the business bank a/c being set up. I believe I need to do this via a Directors Loan Account _...

Amanda · Amanda

Hi everyone, I am involved in a new start up which is a property lettings company, and I was wondering if any of you do the bookkeeping already for one and what software they use? I normally use QB's and occasionally use Sage instants (when I have to), they have been provided software to run the business...

MichaelWGroves · MichaelWGroves

I am a landlord. I am currently renovating one of my houses. As I am also full time employed I work 2 evenings a week and all day Saturday renovating. Can I claim subsistance when I am, renovating, I note HMRC Brief 24/2009 says £5 for Breakfast/One Meal, 2 Meal Rate £10 and Evening meal rate £15. But is s...

MagdaS · MagdaS

Sorry for mistakes I meant: Hi everyone I have bookkeeping dilemma & would like to ask you guys to put a light on the following: Each month my company, I work for, ask me to record on the cash book total outstanding invoices for each supplier payable by bacs but not cleared( on the ban...

Biker · Biker

Hello everybody! I'm curious, where within web you are looking for current branch news/ informations? Which websites are you regulary reading? greetings! 'Biker'

rachel_mclean · rachel_mclean

I am wading my way through practice papers for level 3 manual. There is a question I just can't get in my head how the got to the answer! Question: what is the clubs defecit for the year ending 31/12/09? Answer: 2255.00 I've tried to work it out as many ways as I can think of and the answers I have come up with...

smokey · smokey

Hello, In need of some help if at all possible. I run Sage for bookkeeping but the business is not a limited company, the P&L at year end shows a loss due to expenses and then GROSS WAGES. I need to alter the Gross wages by the amount of loss so the gross wages comes down by the amount of the loss, here are s...

Zigs · Zigs

Hi Guys wrecking my brains on this one, any support would be appreciated. Im preparing accounts for a limited company by guarantee whos main source of income is through grants, other income is very minimum, below £4,000. The depreciation charges are in the region of £3,500. For tax purposes, dep...

Topic		Started By	Replies	Views	Last Post
	Petty Cash (Preview) Hi All Basically Company A has decided to liquidate & set up Company B in it's place as of immediately. Petty Cash for Company B was not started from scratch so there are opening balances which are needed in order to make the accounts balance in sage. From my knowledge when you post in opening balanc...	Pooh	2	4915	Wed Mar 13 18:28 2013 by Flower
	Year end and proper book-keeping (Preview) So, I have been asked to carry out book- keeping on sage for a company recently. Day 2 and I find that the accounting records are a mess and dis-organised files. But first and foremost, the year end of the company is June 2013 for the coming year. Sage shows year end June 2011 which suggests that year end pr...	Flower	5	5565	Wed Mar 13 11:18 2013 by Samson
	Bank rec (Preview) Just a quick one- my bank reconciliations are being done but when I press reconcile (zero unmatched) I still have a book balance that is different to the statement balance, why is this the case showing on a bank rec balance?	Flower	3	4844	Wed Mar 13 06:05 2013 by Flower
	Year End problem with old SAGE 50 2008 PLEASE HELP !!! (Preview) I have taken on the books of an LLP who have been using SAGE 50 2008 and the financial year is set from 01/05/2011 - 30/04/2012 ... it will not allow me to extend the financial year, but the year end on compnaies house is set to 31/05/2012 so I need to put in the extra months accounts into the year end accounts...	BookkeeperBasingstoke	7	5572	Tue Mar 12 16:58 2013 by Shamus
	purchase ledger /sales ledger (Preview) Hi there, AB Motors invoiced Company A for 10000.00 - purchase of new car Company A Sold an old Car to AB Motors for 1000.00 Manager at Company A Paid 1000 in advance towards the purchase of new car - on site payment - Company A hasnt reimbursed 1000 to the manager Company A Paid 8200.00 the next day to AB Mot...	Pauljohn	0	1115	Tue Mar 12 01:36 2013 by Pauljohn
	Credit card refundable deposits (Preview) Hello Everyone, I have a client who hires machinery and if they they hire to a non credit customer then they take a £500 deposit by credit card which is then refunded when the machinery is returned. My question is how do I account for this as the deposit is refunded but it could be days or months later and so...	KHagland	2	4955	Tue Mar 12 01:59 2013 by Pauljohn
	PAYE rebate greater than Sales ! (Preview) I'm stuck, for the first payroll an employee was found to be due a PAYE refund giving a pay roll with a net pay exceeding the Invoiced sales. a directors loan has been used to fund, and a tax refund requested from hmrc.. What I dont know is what to do with the cheque from HMRC when it arrives ?? as at the end of...	BigDave	2	5275	Mon Mar 11 05:20 2013 by BigDave
	French Invoice - VAT VAT Sage EU invoice (Preview) My query is, VAT registered company in UK received invoice from French Company. Invoice (obviously in French) has Base 990,00 Taux 19,600% Montant 194,04 I presume the correct way to post to Sage is net 990.00 VAT code t8 VAT 194.04 total invoice 1184.04? The invoice does display the FR registra...	katsafe	5	6255	Mon Mar 11 04:47 2013 by katsafe
	Drawings and personal expenses (Preview) Hello, the sole partner of a business (GP practice) has paid for personal expenses through the business. Expenses include travel, food, telephone and internet costs. I am wondering how to record these expenses so that they are clear for the accountant. Would it be drawings? For now I have set up a s...	Palawan	3	5753	Mon Mar 11 01:33 2013 by Palawan
	Travel expenses (Preview) Hi, I am slightly confused as to if I can claim mileage on the following: I am a self employed bookkeeper, one of my clients requires me to work at his office 4 days a week every week and I have also work from home for him on several occasions, can I claim the mileage to and from his premises or is this classed m...	Lisa68	7	5503	Sun Mar 10 18:25 2013 by Stardoe
	Depreciation (Preview) Hi, I have recieved this instruction from my accountant and I can do the first part easily but I'm not sure what she wants me to do with the second bit about depreciation, any ideas? 'Introduce the vehicle at £2500.00 via capital introduced and depreciate at 25% apportioned for the time period of tradi...	Samilou67	4	1478	Sat Mar 9 06:26 2013 by MarkS
	Removal of duplicated invoices and their payments from Sage Instant Accounts (Preview) Hi. Can anyone help me with this? I have discovered that I had been given and had entered 4 duplications of invoices and their payments and want to clear them from Sage Instant Accounts. Thanks.	atterol	4	4383	Sat Mar 9 03:01 2013 by atterol
	Directors Loan Account - Sage - HELP (Preview) I am new to bookkeeping and to sage, although I do have AAT. Have started up a business and need to log various receipts on sage that were paid for from various personal bank accounts/credit card accounts prior to the business bank a/c being set up. I believe I need to do this via a Directors Loan Account _...	sarah100	2	12973	Sat Mar 9 01:25 2013 by Cheshire
	Bookkeeping for a Lettings company (Preview) Hi everyone, I am involved in a new start up which is a property lettings company, and I was wondering if any of you do the bookkeeping already for one and what software they use? I normally use QB's and occasionally use Sage instants (when I have to), they have been provided software to run the business...	Amanda	4	4728	Fri Mar 8 22:43 2013 by Just Fascinating
	Subsistance (Preview) I am a landlord. I am currently renovating one of my houses. As I am also full time employed I work 2 evenings a week and all day Saturday renovating. Can I claim subsistance when I am, renovating, I note HMRC Brief 24/2009 says £5 for Breakfast/One Meal, 2 Meal Rate £10 and Evening meal rate £15. But is s...	MichaelWGroves	9	4476	Fri Mar 8 11:20 2013 by Shamus
	bank recs- cheque & bacs payments (Preview) Sorry for mistakes I meant: Hi everyone I have bookkeeping dilemma & would like to ask you guys to put a light on the following: Each month my company, I work for, ask me to record on the cash book total outstanding invoices for each supplier payable by bacs but not cleared( on the ban...	MagdaS	7	7044	Fri Mar 8 18:13 2013 by Truemanbrown
	Book-keeping news website Book-keeping website news (Preview) Hello everybody! I'm curious, where within web you are looking for current branch news/ informations? Which websites are you regulary reading? greetings! 'Biker'	Biker	4	4457	Tue Mar 5 22:07 2013 by Shamus
	Level 3 Manual Practice Exam Question..Please Help... I don't understand how they got the answer (Preview) I am wading my way through practice papers for level 3 manual. There is a question I just can't get in my head how the got to the answer! Question: what is the clubs defecit for the year ending 31/12/09? Answer: 2255.00 I've tried to work it out as many ways as I can think of and the answers I have come up with...	rachel_mclean	2	1003	Tue Mar 5 03:41 2013 by rachel_mclean
	Adjustment to profit and loss account in SAGE for self emloyed/partnership (Preview) Hello, In need of some help if at all possible. I run Sage for bookkeeping but the business is not a limited company, the P&L at year end shows a loss due to expenses and then GROSS WAGES. I need to alter the Gross wages by the amount of loss so the gross wages comes down by the amount of the loss, here are s...	smokey	6	1603	Mon Mar 4 18:59 2013 by smokey
	Deferred Tax (Preview) Hi Guys wrecking my brains on this one, any support would be appreciated. Im preparing accounts for a limited company by guarantee whos main source of income is through grants, other income is very minimum, below £4,000. The depreciation charges are in the region of £3,500. For tax purposes, dep...	Zigs	3	7295	Mon Mar 4 18:21 2013 by Truemanbrown
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