Reports and Accounting
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Hi all, Now that the tax year has ended here in the UK and I have all the details I need to file my return using QuickBooks reports, What is the best course of action to take with the CIS suffered account? I'm a subcontractor only so I only have to worry about CIS stopped by contractors. For example, on the tax year end date, CIS Suffered account says its balance is £700.The actual CIS Paid so far is £500 on the cash basis as some invoices were not due a the time of the end year date. So my question is do I somehow tell QuickBooks to adjust the CIS suffered account? so it only shows the £200 left to be paid once invoices are due in the new tax year. If it's left as it is now my suffered account will just continually grow as more CIS invoices are raised. Hope that makes sense.Thanks.
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Hi,I've been searching high and low for an answer to this question, but I just can't find any info.How do you account for non-taxable state benefits (in this case disability benefits) that are paid into a current account that's used for business. Obviously ideally it would be paid into a separate account, but this is not the situation.My first idea was to create a dedicated equity account in the Chart of Accounts, but I'm unsure of this approach. Alternatively I thought one could use some kind of variation on a Petty Cash account?Any insight that can be offered would be extremely helpful. I think this might be a question for an accountant but I do not have one to hand!Many thanks!
We have many customers who have their branches in different cities. We invoice to all these customer but ship goods to their relevant branches. how to get reports about the sales and sales return for the relevant branches
I have been asked to create a statement of account for invoices for my individual customers- ie I need to send a block statement of invoice details (numbers-total invoice cost owed etc) for them to process payment.I notice there is a system on the USA version, but the instruction given does not match mine at all. Can anyone guide me please?
I recorded my staff wages under 'wages and salaries control' and they are not showing in my expenses or my profit & loss report. How do I rectify this? Many thanks.
It has been zero for 10 days
