The Book-keepers Forum (BKF)
The Book-keepers Forum (UK) -> Book-keeping Software -> Flat rate in Sage
Post Info TOPIC: Flat rate in Sage
Samilou67


Senior Member

Status: Offline
Posts: 343
Date:
Flat rate in Sage
Permalink Closed

Post copied form general posts

 

Hi all and a very Merry Christmas to you.

I need to set up a flat rate scheme in Sage and am hoping someone can advise me on the physical setting up of it.

I have purchases as T9, in the VAT configuration T1 is still at 20% but then in the company preferences i have ticked the cash based flat rate with the rate at 7.5% which is the rate given by HMRC.

Does this sound right? It seems to be working if I do a dummy return in the practice data but I don't want to input all the sales and then it be wrong.

Thank you

Sam



__________________

Sam
Cheshire


Master Book-keeper

Status: Offline
Posts: 8646
Date:
Permalink Closed

Hi Sam
I dont do flat rate - I am just realising how very very picky I am with clients (!)

What version of sage?

Have a look at this - covers off the older sage versions too and there is even a video to watch.

ask.sage.co.uk/scripts/ask.cfg/php.exe/enduser/std_adp.php

__________________

 Joanne 

Winner of Bookkeeper of the Year 2015, 2016 & 2017 

Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.

You should check out answers with reference to the legal position
Donna CBK


Senior Member

Status: Offline
Posts: 426
Date:
Permalink Closed

The new Sage does have settings for flat rate scheme - which version are you? feel free to email me if easier info@completebookkeeping.co.uk although not sure how often logging on

__________________

 

Donna Curling - Complete Book-Keeping Ltd (CBKLtd) - 07939 101900

Payroll & bookkeeping solutions - info@completebookkeeping.co.uk

www.completebookkeeping.co.uk

IAB Training centre - Ringwood

 
Cheshire


Master Book-keeper

Status: Offline
Posts: 8646
Date:
Permalink Closed

Donna CBK wrote:

although not sure how often logging on

 Why? Are you slumped in a corner after all the celebrating yesterday?  winkbiggrinbiggrinbiggrin 



__________________

 Joanne 

Winner of Bookkeeper of the Year 2015, 2016 & 2017 

Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.

You should check out answers with reference to the legal position
Samilou67


Senior Member

Status: Offline
Posts: 343
Date:
Permalink Closed

Thanks, from what I can gather from Sage all I need to change/configure is in the company preferences and just choose flat rate scheme and enter the %.

Hope you both had a great Christmas!

__________________

Sam
Page 1 of 1  sorted by
 
Quick Reply

Please log in to post quick replies.
The Book-keepers Forum (UK) -> Book-keeping Software -> Flat rate in Sage
Tweet this page Post to Digg Post to Del.icio.us
Members Login
Username 
 
Password 
    Remember Me  
©2007-2024 The Book-keepers Forum (BKF). All Rights Reserved. The Book-keepers Forum (BKF) is a trading division of Bookcert Ltd. Registered in England Company Number 05782923. 2 Laurel House, 1 Station Rd, Worle, Weston-super-Mare, North Somerset, BS22 6AR, United Kingdom. The Book-keepers Forum and BKF are trademarks of Bookcert Ltd. This forum is a discussion forum only. There will usually be more than one opinion to any question and any posting should not be viewed as a definitive solution. No responsibility for loss occasioned to any person acting or refraining from action as a result of any posting on this site is accepted by the contributors or The Book-keepers Forum. In all cases, appropriate professional advice should be sought before making a decision. We reserve the right to remove any postings which are offensive, libellous, self-promoting or engaged in covert marketing. We will not notify users of removals. The views expressed in the forum posts are those of the individual and do not necessary reflect or agree with those of The Book-keepers Forum. Any offensive or unsuitable posts will be removed by the moderators. Any reader of this forum can request for a post to be looked into by sending an email to: bookcertltd@gmail.com.

Privacy & Cookie Policy  About