As of 1st April 2015 HMRC have changed the VAT rules concerning settlement and prompt payment discounts. It used to be that when you raised and invoice or order which included the settlement discount that the VAT on the document was reduced assuming the customer had paid within the term.  Even if they paid late.. read more →

23 May 2015
May 23, 2015

Sage Accounts 2015 Service Pack 5

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Sage have released Service pack 5 for Sage Instant Accounts 2015 and Sage 50 Accounts 2015.  This update is not being automatically suggested when you check for updates, but needs to be manually downloaded and applied. We recommend installing this update if you are having issues with Sage crashing during the backup, or if you.. read more →

11 May 2015
May 11, 2015

Sage One Automatic Bank Feeds

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Sage One is Sage’s cloud based Accounts and Payroll software for small business owners.  It is a flexible online system with all the features small businesses need to control cash flow and manage business performance, and now they have added free automatic bank feeds. Bank Feeds Bank feeds connect your accounts package to your bank.. read more →

17 Apr 2015
April 17, 2015

Tax Codes to use from 6 April 2015

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I don’t know if it is just me, but since it’s redesign I am finding information pages on the HMRC website much harder to find these days.  One particular example was knowing how to change the tax codes for the start of the new financial year.  So to help I will summarise here the changes.. read more →

A very common question on business forums is from new business owners and sole traders just starting out asking if they need a bookkeeping package, and if so which would be the best for them. The best advice I can give you if you are starting out on your own is keep good records.  If.. read more →

23 Mar 2015
March 23, 2015

Sage Accounts 2015 Service Pack 4

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Sage have released Service pack 4 for Sage Instant Accounts 2015 and Sage 50 Accounts 2015 Possible Problems This update is a legislative and security update for Sage 50 and Sage Instant Accounts.  Some users are experiencing problems when clicking on Install Now from within the software. The update isn’t loading but they still can’t.. read more →

16 Mar 2015
March 16, 2015

Sage Instant Accounts 2015

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The latest version of Sage’s entry level desktop accounting package has now been released, but the system is no longer tied to the desktop! Sage Drive Sage Instant now has the same Sage Drive features available as Sage 50.  As well as the ability for your accountant to connect to your data live, included with.. read more →

02 Mar 2015
March 2, 2015

Update to HMRC Basic PAYE Tools

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If you use the HMRC basic PAYE tools then please be aware that there is now an update available from the GOV.UK website. This new version includes updates to the automatic update facility, and needs to be downloaded and installed directly from the website.  You shouldn’t attempt to download by selecting the ‘Check for updates/Check.. read more →

The new Sage 50 Payroll has two levels of updates, some come as part of the basic program, and others are separate modules which you only need to subscribe to if you need those features.  To find out about the Tiered Pensions and Automated Payslips modules take a look at my previous post about Sage 50.. read more →

02 Feb 2015
February 2, 2015

Sage 50 in the Cloud

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If you love your Sage 50 and have been using it for years, but need to access your accounts quickly and easily away from the office then what can you do?  Sage have Sage One, which is their Cloud based solution, but Sage One is a completely different product, and those who are used to the.. read more →