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

MRS · MRS

Hi, I have just formed a company and have paid incorporation and other expenses, now i am going to charge the expenses with credit to the directors loan account, is it fine? and can i debit preliminary expenses account with incorporation expenses ? I also got two mobile phones on contract in Company'...

Pickle · Pickle

Title says it all really but what code do you think I should post the check a trade.com payment to please? Can't decide between subscriptions and advertising Thanks in advance

Jonular · Jonular

I'm not an accountant, just someone who runs a VAT registered business and uses sage instant accounts. I'm nearing my year end and I was just checking my turnover and noticed that it actually includes invoices raised which have not been paid in full. I generally raise an invoice, take a deposit which...

Jonular · Jonular

Just working on my year end accounts. I have a loan input in SAGE and I have obtained a statement from the bank showing the balance as at the year end. I have entered the monthly payments each month but I am wondering whether I have to do journal entries with a year end date to get the loan account balance to t...

Mlawson · Mlawson

I have a client who is self employed painter, he brought his van last year and is used totally for work purpose. Im about to do tax return and not sure whether to depreciate on the van, the van was £2160. Many thanks Michelle

MaryChristina · MaryChristina

Hi, Hoping someone can help..... My client made a payment on account of £7k to a supplier. An invoice of £6272.40 was received and paid leaving a credit of -£727.60 in the supplier account. The supplier has now refunded the payment into the bank account. I'm really stuck on how to process the bank re...

rachael-pink · rachael-pink

Hi I just wondered how you match up POA in Sage for various reasons I have invoices that have been put on after the payment was made. Any one know how I can match up the POA to clear the invoice? Many thanks

EmmaGu · EmmaGu

Hi, I wonder if anyone can offer some advice as to the best way to set up the accounts for a Bar we have recently purchased. We want to be able to see the sales and purchases specific to the Bar although the bar itself has been purchased by the parent company and all of it's sales etc will fall under the paren...

darlby · darlby

I'm about to pay a supplier, however I notice that I have a sales credit for them with no sales invoices to allocate it against. Can I take this as a contra and if so how do I enter this in sage line 50?

Meadowlands · Meadowlands

Hi everyone I have a client who runs a crafting business from home. AS it is near her year end I need to advise her on doing a stock take/valuation. She panicked when I mentioned it as she says she has loads of stuff. Any recommendations on how I should advise her to go about it/ I have not dealt with thi...

businessguideuk · businessguideuk

It can be hard to find new clients and can cost a huge amount in Marketing. Not only can it cost your business more money but it can take up a lot of your precious and valuable time. Business Guide UK is a new exciting lead generation site that helps customers and businesses. We provide quotes for any serv...

Telnkate · Telnkate

Hi lovely people! I'm in a quandry and need to know the best way to book this situation to correct any potential messiness etc. One director of ltd company. 'investor' friend who's come on board with the agreed intention of at some point him being made a shareholder/director. In the meantime he has in...

Chris1974 · Chris1974

Hi I cannot get my head round this one, too many late nights!! I have taken on an account and they are using Sage from the beginning of the financial year (01/02/14). There are no opening balances yet as they were doing everything manually but I have a stock figure as at 1st Feb (£20,450) a stock figure for...

kateplane · kateplane

Hi there, The director of a Limited Company I am working with has been paying weekly childcare costs for her three children through her business and I am not sure how to account for them so that she can benefit from some tax relief. Previously she has been a Director of the business with no salary and pay...

Adrian99 · Adrian99

Hello ! I have seen the general perception of some builders that after tax return they have to cash in at least £1500 no matter their earnings level. Let`s say they do not have any allowable expenses at all, and excluding the NIC Class 2, please if someone could help me with this. Thank you. 28,000 X 2...

swaring · swaring

Hi there, This is my first post so I hope somebody can help. Basically, I have started up as a sole trader doing an ebay business. I have a spreadsheet setup in excel with Sales, Purchases, Mileage and Final Summary. I have put £500 Capital introduced from my personal money and then I have bought stoc...

morgwick · morgwick

Hi all, I have a new client who has a beauty salon. She started trading in May 2013. However, she moved into the business premises in 2012 with the intention of trading, but the property needed work doing and had to pay builders to do the work. The builders ended up disappearing half way through the job, a...

Epanine · Epanine

Hi, I'm having problems posting a refund made to one of my credit card holder not by a supplier but from my main bank account as a consequence of a payment I made to the credit card account. On one of my account holder credit card statement among the purchases of the month there's a credit transaction sh...

sasha 20 · sasha 20

Accounting Advice.I am a newbie so please excuse any mistakes and long sentences to explain myself.I am a new treasurer for a charity so still in the learning process.Please help anyone. One candidate had not paid for their certificate and gave the booking officer £50.00 in cash for it. Another can...

lisa marie · lisa marie

Hi everyone, I have a new self employed client who's form of income is rental income......he rents some units / old stables that are on his dad's land and pays him a small amount each month for them, my client then rents them out to his own customers as storage space, he also rents containers that he lease...

Topic		Started By	Replies	Views	Last Post
	New Company Expenses (Preview) Hi, I have just formed a company and have paid incorporation and other expenses, now i am going to charge the expenses with credit to the directors loan account, is it fine? and can i debit preliminary expenses account with incorporation expenses ? I also got two mobile phones on contract in Company'...	MRS	1	840	Wed Apr 23 21:46 2014 by MarkS
	Sage nominal code for checkatrade.com (Preview) Title says it all really but what code do you think I should post the check a trade.com payment to please? Can't decide between subscriptions and advertising Thanks in advance	Pickle	2	1142	Tue Apr 22 16:37 2014 by Pickle
	Year end and outstanding invoices (Preview) I'm not an accountant, just someone who runs a VAT registered business and uses sage instant accounts. I'm nearing my year end and I was just checking my turnover and noticed that it actually includes invoices raised which have not been paid in full. I generally raise an invoice, take a deposit which...	Jonular	2	967	Tue Apr 22 08:46 2014 by Jonular
	Loans and inputting on SAGE (Preview) Just working on my year end accounts. I have a loan input in SAGE and I have obtained a statement from the bank showing the balance as at the year end. I have entered the monthly payments each month but I am wondering whether I have to do journal entries with a year end date to get the loan account balance to t...	Jonular	2	773	Tue Apr 22 08:45 2014 by Jonular
	Depreciation or not (Preview) I have a client who is self employed painter, he brought his van last year and is used totally for work purpose. Im about to do tax return and not sure whether to depreciate on the van, the van was £2160. Many thanks Michelle	Mlawson	3	857	Sun Apr 20 17:27 2014 by RobH
	Supplier payment on account refund (Sage) (Preview) Hi, Hoping someone can help..... My client made a payment on account of £7k to a supplier. An invoice of £6272.40 was received and paid leaving a credit of -£727.60 in the supplier account. The supplier has now refunded the payment into the bank account. I'm really stuck on how to process the bank re...	MaryChristina	3	910	Fri Apr 18 12:23 2014 by MaryChristina
	Matching up payments on account in SAGE (Preview) Hi I just wondered how you match up POA in Sage for various reasons I have invoices that have been put on after the payment was made. Any one know how I can match up the POA to clear the invoice? Many thanks	rachael-pink	9	1550	Fri Apr 18 11:39 2014 by rachael-pink
	Best Set Up for a subsidiary company within a company account (Preview) Hi, I wonder if anyone can offer some advice as to the best way to set up the accounts for a Bar we have recently purchased. We want to be able to see the sales and purchases specific to the Bar although the bar itself has been purchased by the parent company and all of it's sales etc will fall under the paren...	EmmaGu	1	666	Thu Apr 17 18:01 2014 by FoxAccountancyServices
	entering a sales credit against purchase invoices? (Preview) I'm about to pay a supplier, however I notice that I have a sales credit for them with no sales invoices to allocate it against. Can I take this as a contra and if so how do I enter this in sage line 50?	darlby	4	906	Thu Apr 17 17:48 2014 by FoxAccountancyServices
	stock take/valuation (Preview) Hi everyone I have a client who runs a crafting business from home. AS it is near her year end I need to advise her on doing a stock take/valuation. She panicked when I mentioned it as she says she has loads of stuff. Any recommendations on how I should advise her to go about it/ I have not dealt with thi...	Meadowlands	2	1107	Thu Apr 17 10:34 2014 by Cheshire
	Calling Accountants/Bookkeepers (Preview) It can be hard to find new clients and can cost a huge amount in Marketing. Not only can it cost your business more money but it can take up a lot of your precious and valuable time. Business Guide UK is a new exciting lead generation site that helps customers and businesses. We provide quotes for any serv...	businessguideuk	0	753	Wed Apr 16 15:53 2014 by businessguideuk
	how should this be positioned? (Preview) Hi lovely people! I'm in a quandry and need to know the best way to book this situation to correct any potential messiness etc. One director of ltd company. 'investor' friend who's come on board with the agreed intention of at some point him being made a shareholder/director. In the meantime he has in...	Telnkate	2	897	Tue Apr 15 23:34 2014 by Telnkate
	Stock opening and closing balance (Preview) Hi I cannot get my head round this one, too many late nights!! I have taken on an account and they are using Sage from the beginning of the financial year (01/02/14). There are no opening balances yet as they were doing everything manually but I have a stock figure as at 1st Feb (£20,450) a stock figure for...	Chris1974	1	991	Sat Apr 12 21:21 2014 by Stardoe
	Childcare Costs - Voucher Schemes / Direct Payments - Company Director Childcare costs childcare voucher schemes Limited Company Director (Preview) Hi there, The director of a Limited Company I am working with has been paying weekly childcare costs for her three children through her business and I am not sure how to account for them so that she can benefit from some tax relief. Previously she has been a Director of the business with no salary and pay...	kateplane	0	4165	Fri Apr 11 18:51 2014 by kateplane
	For CIS subcontractors, after what level of earnings they start to pay tax instead of getting tax back ? (Preview) Hello ! I have seen the general perception of some builders that after tax return they have to cash in at least £1500 no matter their earnings level. Let`s say they do not have any allowable expenses at all, and excluding the NIC Class 2, please if someone could help me with this. Thank you. 28,000 X 2...	Adrian99	4	943	Fri Apr 11 17:16 2014 by Adrian99
	General Book keeping (Preview) Hi there, This is my first post so I hope somebody can help. Basically, I have started up as a sole trader doing an ebay business. I have a spreadsheet setup in excel with Sales, Purchases, Mileage and Final Summary. I have put £500 Capital introduced from my personal money and then I have bought stoc...	swaring	7	1099	Fri Apr 11 15:16 2014 by swaring
	New Client - Costs before commencement (Preview) Hi all, I have a new client who has a beauty salon. She started trading in May 2013. However, she moved into the business premises in 2012 with the intention of trading, but the property needed work doing and had to pay builders to do the work. The builders ended up disappearing half way through the job, a...	morgwick	3	765	Thu Apr 10 19:35 2014 by Shamus
	Credit card refund (Preview) Hi, I'm having problems posting a refund made to one of my credit card holder not by a supplier but from my main bank account as a consequence of a payment I made to the credit card account. On one of my account holder credit card statement among the purchases of the month there's a credit transaction sh...	Epanine	3	895	Thu Apr 10 12:30 2014 by FoxAccountancyServices
	How to handle this transaction in Sage (Preview) Accounting Advice.I am a newbie so please excuse any mistakes and long sentences to explain myself.I am a new treasurer for a charity so still in the learning process.Please help anyone. One candidate had not paid for their certificate and gave the booking officer £50.00 in cash for it. Another can...	sasha 20	5	723	Thu Apr 10 12:08 2014 by FoxAccountancyServices
	Not sure how to handle this.... (Preview) Hi everyone, I have a new self employed client who's form of income is rental income......he rents some units / old stables that are on his dad's land and pays him a small amount each month for them, my client then rents them out to his own customers as storage space, he also rents containers that he lease...	lisa marie	0	725	Thu Apr 10 08:20 2014 by lisa marie
«First < 1 … 89 90 91 92 93 … 257 > Last» \| Page of 257 sorted by