Welcome to the Sage 50 Accounts UKI Support Group on Community Hub! Available 24/7, the forums are a great place to ask and answer product questions, as well as share tips and tricks with Sage peers, partners, and pros.
We are a UK company with a few customers in the Republic of Ireland and for one customer we have been persuaded to register for Irish VAT
I have not yet received a number or information pack, but in the meantime I am looking for advise
Firstly do…
On each sales order:
The customers EORI and VAT number should show under the address on the sales order GUI. (Pulled through from the account records) This will highlight to staff taking the order that this information is missing and must be obtained…
Hello, Does anyone know how to account for VAT under the bulk entry BIRDS scheme?
In January I imported a low-value package from an Italian supplier (B2B). I did this on my own Fed Ex account and produced the commercial invoice myself and had the goods…
Hi Folks,
Really hoping someone can help me here. Is there anywhere that I can find out how to set up tax codes and to post transactions for Postponed VAT accounting. I am aware the the cloud version does this pretty much automatically for you but not…
I have been told by HMRC that the entries for VAT on imports from the EU should only be entered when a Postponed VAT Statement is issued.
At the moment Sage does this 'magically' but it is not necessary correct for timing.
Please would you remove…
The SME Brexit Support Fund gives eligible small and medium-size businesses up to £2,000 to help with training or professional advice on things like completing custom declarations and managing customs processes and import and export requirements.
Find…
Hi there,
Could someone advise the correct tax code in Sage 50 for an Irish company invoicing customers for supply of services in the UK?
Pre-Brexit we have used the tax code T22 Sales of services to VAT registered customers in EC.
Thanks in advance…
The SME Brexit Support Fund gives eligible small and medium-size businesses up to £2,000 to help with training or professional advice on things like completing custom declarations and managing customs processes and import and export requirements.
Find…
As well as adding the EORI number to the customer record, it needs adding to the address and contacts records under the VAT number in both circumstances.
Hello,
We import goods from the EU & have been using a Freight Agent since January 2021.
We operate under "Postponed VAT" and use the VAT code T18. All has been working OK but I have now discovered there are some errors where the Freight Agent has…
For postponed VAT accounting the Sage advise is for postponed VAT accounting you use tax code T18. I have a purchase order to raise on German supplier. Using tax code T18 shows VAT amount on the order. My German supplier invoices me net and i pay him…
We have received a few Tax Disbursement Invoices from shipping handlers for Customs VAT on products imported from Europe.
Does anyone know how to process these in sage? Is it using T21/T26
We've paid the invoice to the supplier (didn't include VAT…
Hi,
I'm trying to submit my EC Sales list for January 2021 through Sage 50c as normal but it's coming up with error 1207 stating that "you are not required to sumit EC Sales declarations for periods starting 1 January 2021 or later" there is a link…
To help you process transactions with the EU post Brexit, we've created a quick guide focussing on the most common scenarios to show tax codes before and after 1 January 2021 in Sage 50cloud Accounts 27.1 and above. Read more >
Hi there,
I have updated my Sage to version 27.1 but noticed the tax codes weren't configured so used the below link to configure and ensure all was entered as should be:
https://gb-kb.sage.com/portal/app/portlets/results/viewsolution.jsp?solutionid…
From the 1 January 2021, after the Brexit transition period ended, one of the changes is that businesses need an Economic Operator Registration and Identification (EORI) number to continue importing or exporting goods between the EU and the UK. Read more…
The United Kingdom's (UK) withdrawal from the European Union (EU) affects, amongst other things, how goods moving between the UK and the EU should be accounted for. We've pulled together a checklist to guide you through what you need to do. Read more…
Hello,
I need a report for Customs now that we have left the EU within Sage 50 Accounts
I need to add the weights per commodity codes imported to a Purchase order. I have an individual weight of a qty line shown shown as POP_ITEM.QTY_ORDER*STOCK.UNIT_WEIGHT…
The United Kingdom's (UK) withdrawal from the European Union (EU) affects how imports and exports are dealt with for both EU and non-EU countries. Find out the implications of Brexit for your business if you're based in the UK or Ireland. Read more >
In version 27.1 the new Brexit postponed VAT codes add the notional VAT to the net amount when a PI or PO is created.
IF you are just posting a purchase invoice that is ok as Sage then creates a credit to cancel out the VAT amount on the supplier account…
We need to record EORI numbers - please add this field in Customer and Supplier records.
Your 'workaround' using one of the custom fields in the customer record is not acceptable... there needs to be a field under the VAT number in customer record.…
The UK's withdrawal from the EU means that all imports and exports must now be treated the same for VAT purposes, regardless of their destination or origin. This affects the way you record EU and non-EU imports and exports within Sage 50cloud Accounts…
For EU sales we need to record if the customer is Private (goods for own use) or Trade (reseller) - we need this to choose this to book the shipping..
This should be a field in the customer record.
We need to record EORI numbers - please add this field in Customer and Supplier records.
Your workaround using one of the custom fields in the customer record is not acceptable... there needs to be a field under the VAT number in customer record.. i…
If you're a UK business trading with the EU, the tax codes you use when posting imports and exports may have changed now the Brexit transition period has ended.
For general guidance on which tax codes to use for imports and exports, take a look at our…
