Disaster averted, pressing Ctrl-F9 in Infoplex allowed me to change the starting date and the return filed with no problem ..read more

Hi, new user here. I've been using TAS for 30 years now having started with the old DOS version. I run a small accountancy practice with about 30 small clients (none of which are capable of operating their own software) who turn up once a year (or maybe four times if they are VAT registered) with the ubiquitous Tesco carrier bag of bank stements and receipts. I have been able to get around Sage's plans to get rid of TAS so far by filing the VAT returns via Infoplex bridging software.In an effort to plan for MTD for ITSA I am reviewing my options. Xero was immediately discarded as it takes far ..read more

I'm using quickbooks my home currency is GBP on 1/1/2024 i purchased from a store in USA $100 stock which my bank converted to 90 GBP and utilized my GBP balance. on 1/10/2024 i asked for a refund, but upon refund...my bank (revolut) Opened a new balance in my bank in USD and deposited the $100 there (and it did not cancel the first transaction) on 1/11/2024 i converted the $100 into GBP within my bank revolut app and that is now 91 GBP... How do i journal the above? Thanks ..read more

Tax efficient for whom ..read more

Hello, New to Xero! I was using a memory stick to back up Sage. How does it work with Xero? Any advice is much appreciated,Andreea  ..read more

Hi Everyone,My question is to do with year end and opening balances on the P/L. My insurance expense is appearing as a negative on the balance sheet for Q1 2024 and using the journals I used below will this wash out through the year or did I make an error in my timings.  I recorded the accrual expense on 31st Dec 2023 for insurance as;DR Insurance Exp 1200Cr Acc Exp 1200 Then on the 01st Jan 2024 Reversed the expense;Dr Acc Exp 1200Cr Insurance Exp 1200 I wanted to record the invoice and did so on the 03rd Jan 2024 as;Dr Exp 1200Cr A/P 1200 Made the payment that day;Dr A/p ..read more

Hi We are a small firm of accountants based in Leeds looking to buy bookkeeping/payroll/other small accountancy practices in West & North Yorkshire & surrounding areas up to approx. 100k. If this is something that may be of interest to you, please get in touch. ThanksAvanti  ..read more

A client wants to deregister from vat, initially they said at 31st March but then gave me a sales invoice dated 9th April and a few April purchase receipts. I submitted the Jan-Mar vat return as usual, not including the April items. Would I be able to submit a one month April vat return in May whilst the April-June return was available to file? Then they inform HMRC of a vat deregistration of 30th April instead? There isnt any assets being retained so that wont factor into anything ..read more

A client wants to deregister from vat, initially they said at 31st March but then gave me a sales invoice dated 9th April and a few April purchase receipts. I submitted the Jan-Mar vat return as usual, not including the April items. Would I be able to submit a one month April vat return in May whilst the April-June return was available to file? Then they inform HMRC of a vat deregistration of 30th April instead? There isnt any assets being retained so that wont factor into anything ..read more

masonjones5711 wrote:Hey BJ. I totally get your concern. It's confusing when you're not sure about the exam format. I'd suggest reaching out directly to ACCA for clarification. They should be able to provide accurate information about the format, especially if it's not officially issued yet. As for preparing, sticking to the standard 50-question format for now might be the safest bet.By the way, when you're prepping for exams and need some extra support, I found xxxxxessay writersxxxx really helpful. They offer essay writing services that can take the edge off during stressful times. I've ..read more