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Egle Useliene

Imports/Exports posting on Sage

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Posted By

Hi,

 

We sell/buy second hand vehicles. This period we exported vehicles to UK and importing from UK. How correctly post these type of sales and purchases to Sage so it will show accordingly on VAT returns and Annual Return of Trading Details?

 

As well how to process trade in transactions (trading one vehicle for another) on Sage.

 

Thanks for all your help,

Egle

  • 0
    SUGGESTED

    Hi Egle,

    Thanks for using our Product Support Community. I’m sorry for the delay in reply.

    You can use our Tax code finder wizard to determine the relevant tax code to use when posting sales or purchase transactions.

    The default Nominal Code in Sage 50 Accounts for motor vehicles is 0050. You can use this code to record the purchases, sales and exchanges of the vehicles you trade.

    If this has answered your question, please click on the ‘This helped me’ link below.

*Community Hub is the new name for Sage City