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

Adrian99 · Adrian99

Hello ! I would like to ask the following: 1. I have started ACCA a couple of months ago, due to regulation 8 I am not allowed to do tax return but I am doing tax return online from 2010 for my self employed courier business. Should I quit ACCA immediately ? 2. AAT asks for 1 year experience, my experience...

FoxAccountancyServices · FoxAccountancyServices

http://late-payment-law.co.uk/calculator.html Perfect for calculating late payment fees and interest!

Sammy76 · Sammy76

I have just taken on a new client. Their previous bookkeeper has stopped doing their books as they have moved to a full time job in a large organisation. The accountants they were outsourced from don't have the time or inclination to carry on the work now they have lost this person, so I have been approac...

AlinaAc · AlinaAc

Hi! I have a question regarding Lease deposit. A self-employed person joined a partnership, and as a result Business Premises Lease was changed with a change of name of a company. At the start of the Head Lease the then self-employed person paid a deposit to the agency. And now, when Lease was "tr...

Samar · Samar

I recently started new job and invoicing process we've got in place is something I never came across before. For example We raise invoices at the beggining of May for services provided in April. Invoice date sent to client is 1st of May. Then we enter batched invoices onto Sage with the date 30th of Apri...

Soar · Soar

In question 206 of the ACCA F3 exam kit. It gives the extract: Interest receivable..............13,000 And treats this as part of net cash inflow for Investing Activities. But this is obviously wrong right? Interest Receivable account would mean that the interest has been earned but not yet rece...

Soar · Soar

For example, does it include a deduction for sales returns, discounts, bad debts?Anything else that is considered?How do you know what has been included in that figure, and what has been included in other expenses?Is it always done the same way?

jonnyboy9 · jonnyboy9

Newbie book-keeping question but if a one-man ltd company pays himself a partial dividend of £9k in a year, what happens to this £9k on the Balance sheet? Thanks in advance, Jon

NicholasMDudley · NicholasMDudley

Hi Guys, Just looking for a snippet of advise really. I have a client who runs a small gift shop, started up in August 12 with his wife. Initially we structured the business as a partnership which has worked well for the 12/13 tax year, but the business isn't doing as well as they had initially envisaged...

Liga · Liga

Hello All, I wonder if anyone has more knowledge than I do on how to deal with the below situation. One of my clients is a nurse who is working via limited company. All her contracts are arranged by her agency. The agency provides her with the car. She pays for the petrol herself. What is the correct way...

Cheshire · Cheshire

Hello AllI have a client who is in the Recruit to Recruit Industry. If someone refers a client to her then she will make a gift to the person making the referral. Eg of gifts can be spa days; night in a hotel; make up - most of the items can cost £100+ In fact her website states ''We offer £250.00 for the...

Princess · Princess

I have a client that pays for stuff on his business debit card when abroad. The transactions appear on his bank statement with the exchange rate, original amount etc and then also says "includes commission of £0.53 and fee of £1.50" Would you separate out the commission and fee as bank cha...

Easyas123 · Easyas123

Hello everyone, Newbie here!! I've been approached by a potential new client and they have queried the following: 'What are the CT implications if i make donations to a residents fund' Basically, as the story goes... the potential client provides varoius training to carehomes and will be setting u...

Amanda · Amanda

Well just wondering what everyone is thinking about whether the market has changed or not? Are you all getting busier, I know it varies depending what part of the country you live in. Thanks

Adrian99 · Adrian99

Hello !Just a quick question if it is possible please.How to save tax for self-employed?I already know Personal allowance, deductible expenses, AIA, and all the theory that is in the books that could help one to reduce money paid on tax.But I think the art is to go beyond that. Maybe Tax avoidance sch...

Elaine R · Elaine R

Hi, I've raised an incorrect invoice in Sage Instants. I raised a credit to cancel it out but when I look at total value for sales it doesn't appear to have taken in to account the credit I raised. What have I done wrong. I've been processing invoices and credits for over 15 years in previous jobs so it...

rafapak · rafapak

Hi guys I would like to ask you a question. Is this uncommon for people in UK to do not full time job in accountancy field ? Is it really seldom that people work 4 hours a day or 6 hours a day in accounting field in UK?

Gav · Gav

I have previously posted some bank payments to the suspense a/c as I didnt know what they related to. I have since descovered that they are payments for water services (united utilities) and want to clear the suspense a/c and show the payment in the relevant supplier account. If I do a journal to CR susp...

numbnumber · numbnumber

My client currently runs Sage 50 Accounts 2009) and we have over 20,000 entries on the system. The nominals have been changed slightly from the standard Sage as we align the accounts with Trafiic Studio Management software. Contemplating upgrading S+ age to professional and starting from scr...

smith1985 · smith1985

Hi, I'm doing a practise Sage paper and it's asking me to set up the accounts within Sage. I've got half way through but I'm stuck on the depreciation question and I need some help! The information I have been given is - - Nominal Ledger Account Balances as at 31/12/2011 ...

Topic		Started By	Replies	Views	Last Post
	Should I resign ACCA if I have done my own tax return ? Am I fit for MAAT? (Preview) Hello ! I would like to ask the following: 1. I have started ACCA a couple of months ago, due to regulation 8 I am not allowed to do tax return but I am doing tax return online from 2010 for my self employed courier business. Should I quit ACCA immediately ? 2. AAT asks for 1 year experience, my experience...	Adrian99	15	5118	Mon May 13 20:47 2013 by Adrian99
	Useful website for those of us with late payers.... (Preview) http://late-payment-law.co.uk/calculator.html Perfect for calculating late payment fees and interest!	FoxAccountancyServices	5	7136	Sat May 11 00:06 2013 by FoxAccountancyServices
	Professional Clearance (Preview) I have just taken on a new client. Their previous bookkeeper has stopped doing their books as they have moved to a full time job in a large organisation. The accountants they were outsourced from don't have the time or inclination to carry on the work now they have lost this person, so I have been approac...	Sammy76	2	1847	Fri May 10 03:21 2013 by Sammy76
	Lease deposit transfer (Preview) Hi! I have a question regarding Lease deposit. A self-employed person joined a partnership, and as a result Business Premises Lease was changed with a change of name of a company. At the start of the Head Lease the then self-employed person paid a deposit to the agency. And now, when Lease was "tr...	AlinaAc	4	901	Thu May 9 23:00 2013 by AlinaAc
	Matching principle (Preview) I recently started new job and invoicing process we've got in place is something I never came across before. For example We raise invoices at the beggining of May for services provided in April. Invoice date sent to client is 1st of May. Then we enter batched invoices onto Sage with the date 30th of Apri...	Samar	6	902	Thu May 9 21:49 2013 by Samar
	Interest Receivable means? (Preview) In question 206 of the ACCA F3 exam kit. It gives the extract: Interest receivable..............13,000 And treats this as part of net cash inflow for Investing Activities. But this is obviously wrong right? Interest Receivable account would mean that the interest has been earned but not yet rece...	Soar	17	5991	Thu May 9 19:28 2013 by FoxAccountancyServices
	How is the Sales revenue figure on Income Statement calculated? (Preview) For example, does it include a deduction for sales returns, discounts, bad debts?Anything else that is considered?How do you know what has been included in that figure, and what has been included in other expenses?Is it always done the same way?	Soar	1	770	Thu May 9 19:04 2013 by FoxAccountancyServices
	Partial Dividends (Preview) Newbie book-keeping question but if a one-man ltd company pays himself a partial dividend of £9k in a year, what happens to this £9k on the Balance sheet? Thanks in advance, Jon	jonnyboy9	3	5434	Wed May 8 18:32 2013 by Robert Pearce
	Stay in partnership or dissolve and let wife be sole trader (Preview) Hi Guys, Just looking for a snippet of advise really. I have a client who runs a small gift shop, started up in August 12 with his wife. Initially we structured the business as a partnership which has worked well for the 12/13 tax year, but the business isn't doing as well as they had initially envisaged...	NicholasMDudley	5	1495	Wed May 8 16:36 2013 by NicholasMDudley
	contractor expenses (Preview) Hello All, I wonder if anyone has more knowledge than I do on how to deal with the below situation. One of my clients is a nurse who is working via limited company. All her contracts are arranged by her agency. The agency provides her with the car. She pays for the petrol herself. What is the correct way...	Liga	2	1083	Wed May 8 02:15 2013 by Liga
	Gifts to clients (Preview) Hello AllI have a client who is in the Recruit to Recruit Industry. If someone refers a client to her then she will make a gift to the person making the referral. Eg of gifts can be spa days; night in a hotel; make up - most of the items can cost £100+ In fact her website states ''We offer *£250.00* for the...	Cheshire	4	5221	Tue May 7 19:31 2013 by lor
	Bank commission on foreign debit card transactions (Preview) I have a client that pays for stuff on his business debit card when abroad. The transactions appear on his bank statement with the exchange rate, original amount etc and then also says "includes commission of £0.53 and fee of £1.50" Would you separate out the commission and fee as bank cha...	Princess	1	5729	Tue May 7 05:26 2013 by FoxAccountancyServices
	DONATIONS (Preview) Hello everyone, Newbie here!! I've been approached by a potential new client and they have queried the following: 'What are the CT implications if i make donations to a residents fund' Basically, as the story goes... the potential client provides varoius training to carehomes and will be setting u...	Easyas123	2	4255	Tue May 7 05:17 2013 by FoxAccountancyServices
	Has the market changed (Preview) Well just wondering what everyone is thinking about whether the market has changed or not? Are you all getting busier, I know it varies depending what part of the country you live in. Thanks	Amanda	7	4223	Tue May 7 03:10 2013 by FoxAccountancyServices
	How to save tax for self employed ? (Preview) Hello !Just a quick question if it is possible please.How to save tax for self-employed?I already know Personal allowance, deductible expenses, AIA, and all the theory that is in the books that could help one to reduce money paid on tax.But I think the art is to go beyond that. Maybe Tax avoidance sch...	Adrian99	25	4917	Tue May 7 02:25 2013 by FoxAccountancyServices
	Incorrect invoice raised (Preview) Hi, I've raised an incorrect invoice in Sage Instants. I raised a credit to cancel it out but when I look at total value for sales it doesn't appear to have taken in to account the credit I raised. What have I done wrong. I've been processing invoices and credits for over 15 years in previous jobs so it...	Elaine R	3	4122	Tue May 7 02:02 2013 by FoxAccountancyServices
	Not full time jobs in accountancy in UK. (Preview) Hi guys I would like to ask you a question. Is this uncommon for people in UK to do not full time job in accountancy field ? Is it really seldom that people work 4 hours a day or 6 hours a day in accounting field in UK?	rafapak	1	4303	Sun May 5 05:10 2013 by Shamus
	Clear suspense account?? (Preview) I have previously posted some bank payments to the suspense a/c as I didnt know what they related to. I have since descovered that they are payments for water services (united utilities) and want to clear the suspense a/c and show the payment in the relevant supplier account. If I do a journal to CR susp...	Gav	11	12184	Sun May 5 04:36 2013 by Sandra
	Transferring sage nominals (Preview) My client currently runs Sage 50 Accounts 2009) and we have over 20,000 entries on the system. The nominals have been changed slightly from the standard Sage as we align the accounts with Trafiic Studio Management software. Contemplating upgrading S+ age to professional and starting from scr...	numbnumber	1	4553	Sat May 4 04:46 2013 by FoxAccountancyServices
	Depreciation Question (Preview) Hi, I'm doing a practise Sage paper and it's asking me to set up the accounts within Sage. I've got half way through but I'm stuck on the depreciation question and I need some help! The information I have been given is - - Nominal Ledger Account Balances as at 31/12/2011 ...	smith1985	7	5064	Sat May 4 03:42 2013 by FoxAccountancyServices
«First < 1 … 118 119 120 121 122 … 257 > Last» \| Page of 257 sorted by