Recent content by NFSH_79

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    Sole trader & Trading Name(s)

    Cheers muchly, that is what I thought TBH HMRC do have my T/A for current name - do I need to tell them of the new one also (once I decide fully)? N
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    Sole trader & Trading Name(s)

    Afternoon Peeps, Apologies for this as sure I know the answer already.... I'm a Sole Trader - VAT Registered in my own name but I trade under another name related to the items I sell. I'm looking to start selling other items that are in a different area/category (not sure what to call them...
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    Accounts in Quickbooks QBO - Need to balance the books

    Thank you, I think some of the issues were at initial setup compounded when upgrading package. Agree totally, think a new start would have been best then but..... Since I've been assisting them they have learnt their errors and pretty much all now runs smoothly 🤞 with exact balancing each vat...
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    Accounts in Quickbooks QBO - Need to balance the books

    Cheers muchly, I'll crack on and get removing those double entries, just wanted to double check that it was okay to just do this. The messy period is pre vat but think that there maybe some crossover in to their first return.
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    Accounts in Quickbooks QBO - Need to balance the books

    Hiya Peeps Looking to help someone in need (not me!) - just need to know the issues if I do this on scale So QBO has, approx. 18 months of accounts. I have been 'helping' with their books over the last 12 months and it's spot on with matching up with the bank feed. Unfortunately the previous...
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    Paying 16yr old Son for ad-hoc help

    Thank you, appreciated. Can I cheekily ask best way of categorising the expense in accounts? I use QBO if that helps?!? I did have a search after clarification of all being good but results all coming back as if Payroll is being used Cheers again N
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    Paying 16yr old Son for ad-hoc help

    ?Defo less than that per week, I need to earn something first ?
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    Paying 16yr old Son for ad-hoc help

    Sorry, that's my waffling. I have no Payroll, my wife is full time employed PAYE, no involvement in business. I was referring to fictitious roles for family members to reduce taxes etc. I found a similar thread to my question but it had exploded into paying children, siblings, spouses inflated...
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    Paying 16yr old Son for ad-hoc help

    Morning Peeps Sole trader working by myself but occasionally my Son has helped with 'menial tasks' e.g. sorting my stock, etc. Nothing too crazy for his age! (recently turned 16) has literally is the odd half hour/hour here and there. I always have said that I'd pay him for his time but in...
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    Quickbooks Online & eBay Managed Payments

    Good morning, Just seeking out how eBay sellers are accounting for their sales into Quickbooks? Are you manually processing the Payments or using the Onesass (or similar) to bring in all your transactions and payments? If manually are you just using the end of month invoice? or generating...
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    Digital bookkeeping advice

    Evening all, Forgive me as I may jump in on many a topic or resurrect and old post as I find my way! But this forum does seem to be full of info on Quickbooks as well as much more However......the above post......and forgive as this may seem obvious but clarity is key I have similar in that I...
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    Quickbooks Online Petty Cash vs Undeposited Funds

    Thank you muchly, so create a receipt for the monies (sales transaction) and then use this to match a deposit into the cash account? if i'm understanding correctly :cool:
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    Quickbooks Online Petty Cash vs Undeposited Funds

    Good morning, Have been away but back and need to sort this out! I have the petty cash account and have added an opening balance from 2021-2022 end accounts. I have records of all the monies taken during the interim period - what is the best way of entering these into the petty cash...
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    Quickbooks Online Petty Cash vs Undeposited Funds

    Thank you, appreciate the confirmation Nick
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    Quickbooks Online Petty Cash vs Undeposited Funds

    Good morning, Have moved accounts over from excel ;-) to Quickbooks online I sell some of my products locally as 'cash sales' and obv. need to record these in Quickbooks. These are all sales and then eventually the cash is paid into bank although very occasionally I have used some of the...
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