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

Peasie · Peasie

What classification of expense would you say signwriting on a van was? Is it advertising? Or included with motor expenses? Or another one I haven't thought of. This signwriting was not done at the time the van was purchased but rather several months later.

Jordan · Jordan

Business Networking International Hi, I have been asked if I would be interested to join a new local BNI chapter in my area, they need a bookkeeper, and once in , no others allowed in, same as most business networking clubs. Just interested on whether anyone on the forum is part of one or has any views on t...

Ray2000 · Ray2000

Right, I'm up to studying trial balances for Level 1 of the ICB (horray!). A question presents me with a list of balances as at 31 May 20X1 and asks me to prepare a trial balance. All standard stuff. However, there is one item in the list that confuses me: Inland Revenue £3,800 Now I would say that this is ta...

McSpurren · McSpurren

Hi, Doing books for a small cupcake co, are the cakes subject to VAT? I understand as a food they are not but they have been decorated at the direction of customers and are wrapped in holders and boxes which are subject to VAT. Any input would be appreciated!

Karina · Karina

Hi... I'm a newbie posting my first question! One of our UK suppliers has 'invoiced' us in £sterling for some Euros he had sitting in his Euro bank account - absolutely nothing to do with his supplies - it's just that we buy goods from other European suppliers and have 'bought' them because supplier end...

woody88 · woody88

Afternoon all, I have a quick query in regards to claiming Employer Supported Childcare. I complete the Book-keeping for an owner managed (small) Limited Company with 2 Directors (Husband and Wife). They both have full time employment outside of the business and only take their income from Div...

chrb8 · chrb8

Hi, I use Sage Instant Accounts to keep the books of the company I work for. We are a retail company, but have recently decided to rent some of our facilities to an outside company. This is only for a temporary period and will be a very small amount of income compared to our retail sales. I am aware that this...

Veravont · Veravont

Hello, I have this question in in my study material and really do not understand it. Would somebody be able to explain it to me? A company has a single product with a selling price of £12 per unit, which is calculated as variable cost per unit, plus 20%. At an output level of 5000 units it makes a loss of £800...

NicholasMDudley · NicholasMDudley

Hello, A friend needs assistance with her tax return. Initially, I thought the SA would be straight forward as she has paid tax via paye on employment for the whole period. She is a singer and has performed twice in the period. Income totalling £300. So I would have accounted for these as self-employme...

Little Miss Sunshine · Little Miss Sunshine

Hi all, I have completed the icb level 1 and 2 manual bookkeeping and have just started with the computerised bookkeeping. My goal is to become a freelance book-keeper and I was wondering what I should be doing next in order to acheive this. I know I can get a practice licence from the icb once I have com...

Amanda · Amanda

Hi Everyone, I was wondering how many of you did your own tax return like me towards the end of January and have said to yourself you will do it in April this year!!!! I had good intentions of doing mine at Christmas just gone, but ended up working in the end and then as usual had a really busy January so finis...

Karina · Karina

I often have to go back and 'correct' entries due to change of nominal code, value, date etc. Are there general rules/guidelines as to whether you reverse, delete, or amend then save through File Maintenance. I just wonder which is the tidiest way to do it as I seem to have quite a few 'cancelled' transa...

Sammy76 · Sammy76

I have a client who does most of her work away from her home which is her registered business address, but she does do about 3-4 hrs of admin a week at her home. Based on that, approximately how much can she claim as business usage for electricity etc?

NA_AA · NA_AA

Can you make adjustments to the accounts in Sage after a VAt return has been submitted for the period in which you want to make an adjustment?

Shaun UK · Shaun UK

Evening. I have the option of doing a taxi driver's bookkeeping and tax return. He's 5 months started, but has not kept any record at all of fares. Therefore I doubt he's kept much in the way of mileage records. I would guess he uses the car personally as well. Does anyone have any pointers/advice/exper...

Andy_L75 · Andy_L75

Hi, has anyone come across a problem on instant accounts where you get the error stating 'please enter a valid department reference' Instant accounts doesn't have departments so its an error on the software itself. The cause is that I loaded a backup from sage line 50 on a higher version of the insta...

sally-anne · sally-anne

Hi All Hope everybody is fine and dandy, can anybody recommend any good books on credit control, the topics i need to learn are Cracking the credit problem, credit control routines, debt recovery through the courts, statutory demands, insolvency and bankruptcy, vat and tax relief for bad debts. K...

AngelaWBS · AngelaWBS

To the best of my knowledge I think I am correct in saying that training courses undertaken to be able to get to a point of being able to practice cannot be claimed through the business, as you can't practice without the training? What about the travel and hotel costs incurred as my client had to travel...

Zigs · Zigs

Hi, a friend has just submitted her accounts and tax comp to hmrc but they have been rejected, she needs to do this using XBRL format and ahs asked foo r my help. I dont understand it at all, is there anoyone who can guide me step by step as to what i need to do to tag the figures required and what codes are used f...

Moonraker · Moonraker

Hi All, My client's has a main retail business (Ltd company) and has now gone into selling franchises for this for which a seperate Ltd company has been set up. The main company accounts currently show all the income and costs relating to the franchise business in the Balance Sheet under current asset...

Topic		Started By	Replies	Views	Last Post
	Expense classification - signwriting on a van (Preview) What classification of expense would you say signwriting on a van was? Is it advertising? Or included with motor expenses? Or another one I haven't thought of. This signwriting was not done at the time the van was purchased but rather several months later.	Peasie	23	9841	Mon Feb 13 18:38 2012 by Wella
	Is anyone here joined the BNI ? (Preview) Business Networking International Hi, I have been asked if I would be interested to join a new local BNI chapter in my area, they need a bookkeeper, and once in , no others allowed in, same as most business networking clubs. Just interested on whether anyone on the forum is part of one or has any views on t...	Jordan	8	3900	Mon Feb 13 05:37 2012 by Dangermouse
	Student question: Accounting for Inland Revenue on the trial balance (Preview) Right, I'm up to studying trial balances for Level 1 of the ICB (horray!). A question presents me with a list of balances as at 31 May 20X1 and asks me to prepare a trial balance. All standard stuff. However, there is one item in the list that confuses me: Inland Revenue £3,800 Now I would say that this is ta...	Ray2000	5	2795	Sun Feb 12 19:31 2012 by Ray2000
	Cupcake company (Preview) Hi, Doing books for a small cupcake co, are the cakes subject to VAT? I understand as a food they are not but they have been decorated at the direction of customers and are wrapped in holders and boxes which are subject to VAT. Any input would be appreciated!	McSpurren	6	4065	Sun Feb 12 05:42 2012 by Dangermouse
	How to allocate 'purchase' of Euros... Sage 50 (Preview) Hi... I'm a newbie posting my first question! One of our UK suppliers has 'invoiced' us in £sterling for some Euros he had sitting in his Euro bank account - absolutely nothing to do with his supplies - it's just that we buy goods from other European suppliers and have 'bought' them because supplier end...	Karina	20	5570	Sat Feb 11 00:52 2012 by Rhianrach
	Employer Supported Childcare (Preview) Afternoon all, I have a quick query in regards to claiming Employer Supported Childcare. I complete the Book-keeping for an owner managed (small) Limited Company with 2 Directors (Husband and Wife). They both have full time employment outside of the business and only take their income from Div...	woody88	1	1068	Sat Feb 11 00:44 2012 by Donna CBK
	Accounting for new rental income (Preview) Hi, I use Sage Instant Accounts to keep the books of the company I work for. We are a retail company, but have recently decided to rent some of our facilities to an outside company. This is only for a temporary period and will be a very small amount of income compared to our retail sales. I am aware that this...	chrb8	1	1874	Fri Feb 10 23:37 2012 by Robert Pearce
	Management accounting question ACCA (Preview) Hello, I have this question in in my study material and really do not understand it. Would somebody be able to explain it to me? A company has a single product with a selling price of £12 per unit, which is calculated as variable cost per unit, plus 20%. At an output level of 5000 units it makes a loss of £800...	Veravont	12	1410	Fri Feb 10 22:20 2012 by Veravont
	Accounting For A loss in first year of trading (Preview) Hello, A friend needs assistance with her tax return. Initially, I thought the SA would be straight forward as she has paid tax via paye on employment for the whole period. She is a singer and has performed twice in the period. Income totalling £300. So I would have accounted for these as self-employme...	NicholasMDudley	3	1502	Fri Feb 10 21:29 2012 by gbm
	Advice on becoming a bookkeeper (Preview) Hi all, I have completed the icb level 1 and 2 manual bookkeeping and have just started with the computerised bookkeeping. My goal is to become a freelance book-keeper and I was wondering what I should be doing next in order to acheive this. I know I can get a practice licence from the icb once I have com...	Little Miss Sunshine	0	1014	Fri Feb 10 06:04 2012 by Little Miss Sunshine
	Whos going to do their own Tax return in April!!!! (Preview) Hi Everyone, I was wondering how many of you did your own tax return like me towards the end of January and have said to yourself you will do it in April this year!!!! I had good intentions of doing mine at Christmas just gone, but ended up working in the end and then as usual had a really busy January so finis...	Amanda	17	1594	Thu Feb 9 23:03 2012 by Stardoe
	Best corrrecting method for Sage 50 (Preview) I often have to go back and 'correct' entries due to change of nominal code, value, date etc. Are there general rules/guidelines as to whether you reverse, delete, or amend then save through File Maintenance. I just wonder which is the tidiest way to do it as I seem to have quite a few 'cancelled' transa...	Karina	1	983	Thu Feb 9 19:08 2012 by Marky65
	Utilities (Preview) I have a client who does most of her work away from her home which is her registered business address, but she does do about 3-4 hrs of admin a week at her home. Based on that, approximately how much can she claim as business usage for electricity etc?	Sammy76	7	1052	Thu Feb 9 05:54 2012 by Sammy76
	Adjustments to accounts in SAge after VAT return is submitted (Preview) Can you make adjustments to the accounts in Sage after a VAt return has been submitted for the period in which you want to make an adjustment?	NA_AA	1	1749	Thu Feb 9 04:08 2012 by Andy_L75
	Taxi Driver's Accounts \| Any help much appreciated (Preview) Evening. I have the option of doing a taxi driver's bookkeeping and tax return. He's 5 months started, but has not kept any record at all of fares. Therefore I doubt he's kept much in the way of mileage records. I would guess he uses the car personally as well. Does anyone have any pointers/advice/exper...	Shaun UK	15	8237	Thu Feb 9 03:56 2012 by Don Tax
	Sage Instant Error Sage software corrupt programming sage instant sage line 50 (Preview) Hi, has anyone come across a problem on instant accounts where you get the error stating 'please enter a valid department reference' Instant accounts doesn't have departments so its an error on the software itself. The cause is that I loaded a backup from sage line 50 on a higher version of the insta...	Andy_L75	9	16539	Thu Feb 9 03:04 2012 by Andy_L75
	Credit Control (Preview) Hi All Hope everybody is fine and dandy, can anybody recommend any good books on credit control, the topics i need to learn are Cracking the credit problem, credit control routines, debt recovery through the courts, statutory demands, insolvency and bankruptcy, vat and tax relief for bad debts. K...	sally-anne	4	1293	Thu Feb 9 03:02 2012 by sally-anne
	Pre-Start up Costs (Preview) To the best of my knowledge I think I am correct in saying that training courses undertaken to be able to get to a point of being able to practice cannot be claimed through the business, as you can't practice without the training? What about the travel and hotel costs incurred as my client had to travel...	AngelaWBS	9	2140	Wed Feb 8 23:42 2012 by AngelaWBS
	xbrl format (Preview) Hi, a friend has just submitted her accounts and tax comp to hmrc but they have been rejected, she needs to do this using XBRL format and ahs asked foo r my help. I dont understand it at all, is there anoyone who can guide me step by step as to what i need to do to tag the figures required and what codes are used f...	Zigs	1	1124	Wed Feb 8 23:16 2012 by Wella
	Splitting accounts (Preview) Hi All, My client's has a main retail business (Ltd company) and has now gone into selling franchises for this for which a seperate Ltd company has been set up. The main company accounts currently show all the income and costs relating to the franchise business in the Balance Sheet under current asset...	Moonraker	3	1309	Wed Feb 8 14:45 2012 by Moonraker
«First < 1 … 167 168 169 170 171 … 257 > Last» \| Page of 257 sorted by