"Those of you who've been in touch with our support team are taking advantage of what we're suggesting now to get the right amount of VAT despite the boxes on the Return not being populated correctly in some scenarios - we admit to having…"
the independent online community for xero users
-
Stuart Jones
- Male
- Kendal England
- United Kingdom
- Blog Posts
- Discussions (16)
- Groups (1)
- Photos
- Photo Albums
- Videos
Stuart Jones's Discussions
Sage & QuickBooks
Started this discussion. Last reply by Adrian Pearson Feb 20. 8 Replies 0 Likes
Is there an easy way to transfer Sage data into Xero? I have just been to see a client who uses Sage and discovered that their bookkeeping is in a mess. If I could transfer them to Xero I wouldn't…Continue
VAT on services supplied from abroad (Reverse charge)
Started this discussion. Last reply by Catherine (Xero) on Sunday. 10 Replies 0 Likes
Does Xero cope with the Reverse Charge on services from abroad?We have a client who spends £50K per month with Google in Eire."Zero rated EC Expenses" doesn't seem right.P.S. What Xero should do is…Continue
Tags: Reverse Charge, EC, VAT
Cash retailers
Started this discussion. Last reply by Stuart Jones Nov 17, 2009. 5 Replies 0 Likes
Very few programs seem to cope with shops who count their takings daily but may only bank weekly and use their cash to pay bills.In the UK the Evrite/Simplex Cash Book type of weekly record worked…Continue
Tags: Cash
Online booking systems for hotels
Started this discussion. Last reply by Umesh Mistry Jun 25, 2010. 9 Replies 0 Likes
One of our clients (a 20 room hotel) is looking at an online booking system. It has an invoicing system (?) which is spreadsheet based (believe it or not!).The client is using QuickBooks but this…Continue
Gifts Received
Stuart Jones has not received any gifts yet
Stuart Jones's Page
Latest Activity
Catherine (Xero) replied to Stuart Jones's discussion VAT on services supplied from abroad (Reverse charge)
Adrian Pearson replied to Stuart Jones's discussion Sage & QuickBooks"Hi Earl - one of our very first members!
We currently support UK Sage and QuickBooks but we plan on covering the US/Canadian versions of the latter as soon as we can.
Watch this space!"
Earl Rudolfo replied to Stuart Jones's discussion Sage & QuickBooks"Adrian, this is a great service. Looking forward to trying it. Will it work for various versions ( ie US, Cdn, etc) of Sage and Quickbooks?"
Will Menzies replied to Stuart Jones's discussion Sage & QuickBooks"Excellent, very useful for the future."
Adrian Pearson replied to Stuart Jones's discussion Sage & QuickBooks"Hi Will, my company has recently launched a new Cloud service for accountants called Ledgerscope (www.ledgerscope.com). The relevance here is that Ledgerscope collects data from Sage and QuickBooks files via the web as the first stage of the service…"
Will Menzies replied to Stuart Jones's discussion Sage & QuickBooks"Oh dear, I wish I had seen this forum before trying to import from SAGE, it is tiresome and the guide misses out key steps. You cannot import credit notes or payments on account and certain fields cannot hold duplicate data for different…"
gsgordon replied to Stuart Jones's discussion VAT on services supplied from abroad (Reverse charge)"PPS: Although producing the correct results on the VAT Return, and the correct figure for profit, the method inflates income and expenses by £100 each for the example used.
It would be nice if Xero provided a method of dealing with this…"
gsgordon replied to Stuart Jones's discussion VAT on services supplied from abroad (Reverse charge)"I have just asked Xero Support the same question about accounting for AdWords and got the same reply as Chris Smit, except Chris should have said that boxes 6 & 7 would show £100. I have tested Support's method in Xero and got the…"
Richard Brady replied to Stuart Jones's discussion VAT on services supplied from abroad (Reverse charge)"I find the best way to do this is is to create an invoice with:
- a line item for the amount (e.g. £100) ex tax but with tax rate of "20% (VAT on EC Expenses)" added on
- a second line item for the VAT amount (20%)…"
Chris Sargent replied to Stuart Jones's discussion VAT on services supplied from abroad (Reverse charge)"Yes, me too - it doesn't seem like it should be something difficult to implement. Especially as more and more purchases / sales are coming in the EC.... a way to generate an EC sales list would also be most welcome!"
Adrian Pearson replied to Stuart Jones's discussion VAT on services supplied from abroad (Reverse charge)"Hi guys,
I had a conversation yesterday with a handful of accountants from firms with large Xero user bases. This came up as a problem causing a great deal of frustration. The hope was that Xero have been listening to the pleas to get this…"
Chris Sargent replied to Stuart Jones's discussion VAT on services supplied from abroad (Reverse charge)"Hi,
I've been using this method for a while and it works fine - I set up and account called "Reverse Charge VAT" and used this method - I'd been in conversations with their support team for some time and this is the best…"
Roberto Martin replied to Stuart Jones's discussion VAT on services supplied from abroad (Reverse charge)"That is great Chris, many thanks for your reply. It was really giving me a hard time."
Chris Smit replied to Stuart Jones's discussion VAT on services supplied from abroad (Reverse charge)"I use Google Adwords, so had the same kind of Invoice. I contacted Xero direct and they came back with this response. Hope it helps.
"Perhaps the best way to explain is by way of an example. Let's assume and invoice is received from…"
Roberto Martin replied to Stuart Jones's discussion VAT on services supplied from abroad (Reverse charge)"Hi Stuart, I have just joined xerousers and I have the same question than yours but I don't see a reply in here. I was wondering if since you posted this discussion you have received any answers that maybe have not been posted and could help…"
Stuart Jones replied to Mike Deam's discussion Hi from Goldmine Bookkeeping Solutions"It's good to hear you're doing so well Mike.
Distances like that spook us in the UK as we would end up in the sea if we traveled that far."
Comment Wall (2 comments)
- At 14:42 on August 2, 2010, Earl Rudolfo said…
- Hi Stuart, just connecting with other members here to see how we can communicate /collaborate and share knowledge about using Xero effectively.
Also looking to start a series of monthly (brainstorming) webinar style discussions about the latest business trends, updates, etc. related to Xero and other integrated apps. Is this something that may be of interest to you?
Regards,
Earl Rudolfo
- At 9:40 on September 4, 2009, Adrian Pearson said…
- Hi Stuart, thank you for the positive comments and welcome, good to have you with us. Ernie Wise seems a little taller than last I saw him.
Follow us @xerousers
Recommended services
Ledgerscope - for accountancy firms
Movemybooks - xero conversion tool
Topaccountants - blog on accountancy & tech
Receipt Bank - expenses management
Nativespace - value web hosting
CapsuleCRM - xero friendly CRM
Squarespace - for easy website creation
Latest Activity
Rich Anderson replied to Rich Anderson's discussion Donation and Donor Management for Churches (or other non-profit)
sam swaminathan replied to Rich Anderson's discussion Donation and Donor Management for Churches (or other non-profit)"Sales Invoices - can the unit price be more than 2 decimal places? Could not find the setting.... Thanks"
© 2012 Created by Adrian Pearson.
