|
vat timing
(Preview)
Hope someone can put me right, i have gone to start changing my first ever family clients handwritten books over to sage. His year end was 31st march but i have gone to start and he says he only sends his books to the accountant in the summer i understand i will have to do a trial balance to get the opening...
|
nixsm
|
4
|
2592
|
|
|
|
Entertaining expenses
(Preview)
My client is a director of a company and has started taking out prospective clients on business lunches. Can anyone advise if entertaining expenses are an allowable expense for a limited company?
|
SimonG
|
2
|
3207
|
|
|
|
Starting out
(Preview)
Hi I was just wondering on a few details that I have heard and hoped someone could give me the correct info please. I am newly qualified in both computerised and manual book keeping, and I was informed that to practice at home I would need to be a member of either IAB or ICB, and then I would need to apply for a...
|
shellie
|
11
|
3625
|
|
|
|
my first client
(Preview)
Hi everyone, I passed level 1 & 2 Manual bkkg and level 1 sage and have have a ICB cert from a an online company im not sure i got a good level of training from, alot of subjects were not included, however i have a business and marketing HND also so i had some previous knowledge. I am taking on my first cli...
|
nixsm
|
2
|
3273
|
|
|
|
NEW MEMBER needs help
(Preview)
i have just joined the forum, been reading some of the posts seems this is a priceless thing going here. sharing of ideas , knowledge and all sorts. working full time in an accounts dedpartment but want to go it alone cause l just feel stuck in the middle of nowhere. been looking for clients beginn...
|
FOCUS
|
1
|
2573
|
|
|
|
newly qualified
(Preview)
I have just passed my level ICB Exam and am a newly registered member, and was wondering what steps i should take next, as i have had finance and accounting experience but not in being solely a bookkeeper.
|
mrumbelow
|
5
|
2918
|
|
|
|
Accruals & Prepayments
(Preview)
Hi. I'm having a completely blank moment and hope some-one can help me! When preparing prepayments and accruals - what happens to the VAT on the invoice being adjusted? Thanks!
|
Lisa
|
2
|
15456
|
|
|
|
Year End Journal Adjustments - Debtors
(Preview)
Hi All, I have received the journal to post the year end adjustments from one of my client's Accountant and I posted directly to the Debtors Control Account without thinking and run the year end. Now I have posted onto the current financial year, run the check data before I backup and it is showing that...
|
JoBooth
|
1
|
8598
|
|
|
|
looking for a specific book on accounting (whose name I can't remember)
(Preview)
Hello, I once read a very good introductory book on the principles of book-keeping and accounting (things like the balance sheet, profit and loss account etc.) It was basically a 'story' about a guy who starts a taxi business, and his (accountant) mates in the pub would explain to him how he needed to g...
|
oxbow99
|
0
|
2607
|
|
|
|
Final Accounts
(Preview)
Hi, I have just recently set up being a self-employed bookkeeper after working for companies for over 15yrs but I am trying to stick to bookkeeping upto Trial Balance. I've just had an enquiry from a company who keep their records on spreadsheet with a page per account (ie. wages, heat & light etc)...
|
JoBooth
|
2
|
3108
|
|
|
|
just getting started
(Preview)
Hi everyone, I hope i'm in the right place, my brother suggested i try talking on a forum to get tips. I managed a online bookkeeping course and passed it but i feel unprepared and feel i didnt get enough training from the course, it cost alot and now i feel abit stuck. I am transferri...
|
nixsm
|
4
|
3537
|
|
|
|
whats the best software?
(Preview)
Hi all, I currently have Sage 50 v11 i have been told i cant run a bookkeeping business with this version as all my clients will have to get there own copy too. Is there a version specifically for multiple clients, on a small scale not huge. Regards Nixsm
|
nixsm
|
2
|
2892
|
|
|
|
New share issue
(Preview)
A client of mine has issued 100 new ordinary shares to his wife. However his wife hasn't actually paid any money for the shares. How do I journal this in the accounts? Thanks.
|
Bev
|
4
|
5826
|
|
|
|
Lease or hire purchase?
(Preview)
Hi Just looking through the records my client has given me for the month and I've got a lease agreement for a new car. The agreement is in my clients business name (a partnership) and I can also see the first repayment going out the bank account. I can see that there is VAT included in the payment, but can I s...
|
Jeff
|
2
|
4454
|
|
|
|
Company year end date
(Preview)
A new client has joined my bookkeeping business. He's employed full-time but does some graphic design work on the side. He set up a limited company to put the part-time income through. When I asked what date his year end was so I could set him up on Sage, he didn't know what it was? He hasn't instructed...
|
Diane
|
2
|
7768
|
|
|
|
Extra payments- Payroll
(Preview)
I have a client that is a charity. It has 7 employees on PAYE. In addition to their normal salary, some members of staff including the chief executive, regularly receive extra payments for work that is deemed to be outside of their job description. The extra payments are made by cheque without the d...
|
Allyomeally
|
3
|
4121
|
|
|
|
Black Taxis Cab
(Preview)
Hi! My client's husband has just started out as a self-employed taxi driver, and he's asked me to look after his books. He has just purchased a second hand black taxis cab. Do I need to classify this as plant and machinery or motor vehciles? He has another car so the cab will be used 100% for business. ...
|
Bev
|
2
|
3159
|
|
|
|
Debits and Credits
(Preview)
If anyone else struggles to remember what accounts you need to debit and credit, I've just learnt this which is pretty cool: 'EARLE' E=Expenses A=Assets R=Revenue L=Liabilities E=Equity E and A are debits everything else is a credit. Amazing what you can find on the net!
|
foliouk
|
5
|
4026
|
|
|
|
Directors Life Insurance
(Preview)
I've picked up a new client who operates via a limited company. He's paying for life insurance from his business bank account for himself. How do I treat this in the books? Is it allowable? Would appreciate sum advice. Bob
|
Bob
|
2
|
3783
|
|
|
|
Mobile Telephones
(Preview)
Hi, My client has given me some Orange mobile phone invoices but they are in his personal name, not his company. He is not VAT registered but can I still post his invoices onto Sage or should he just take a proportion? Thanks, Jo
|
JoBooth
|
2
|
3021
|
|
|