Recent content by Reens80

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    Deliveroo, Uber Eats, Just Eat

    Hi all Hoping you can help me. We will soon be hitting the VAT threshold, Majority of sales come from Uber Eats, Deliveroo and Just Eat. Each week I can donwnload a statement that says "you will receive £xx from card sales" and "£xx from your cash sales" however, this doesn't seem to split out...
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    Accruing for Corporation Tax and VAT Monthly

    Hi all I have started a small takeaway company. There are 4 shareholders (equal). They want to be able to receive their dividends on profit on a Monthly basis. I am not entirely comfortable with this - I am quite happy to wait until the end of the FY when we submit the accounts Is this a...
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    Paying Employees

    Thanks for all the responses. The drivers are paid and hourly rate (different for each driver, individually negotiated) PLUS an amount per delivery (depending on distance The drivers use their own vehicles The drivers have no set shifts - i.e. they work when and as they can and often call up...
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    Mileage

    Hi, we are two directors of a takeaway. Can we both claim mileage (45p a mile) when we travel to and from the business? Also, if I have supplier providing services- management services and they invoice me from a limited company for services. Can the individual of the limited company claim...
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    Paying Employees

    Hmmm I wouldn’t have thought so. As the contract I used was similar to the ones that Deliveroo use for their drivers. In essence all drivers are self employed
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    QuickBooks Sales Receipt

    I have started a small take away delivery service and aim to record sales once a week for each intermediary/channel. My revenue comes from own website, cash, just eat, deliveroo, Uber. Now in QuickBooks should I a) create a sales receipt for each of the above channels and have each of them set...
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    Paying Employees

    Hi I started running a small food delivery business that has drivers. They all get paid cash in hand after they have done their hours I have created a standard contract for the drivers which also states that as subcontractors they are liable for completing their own self assessment and paying...
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    Quickbooks Daily Sales - Different Channels

    Ok, understood. Thanks
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    Quickbooks Daily Sales - Different Channels

    We are not VAT registered now. I anticipate that we will have to make an application in about 12 weeks time. At the moment I am created Bills for any expenses and where there is VAT I am splitting it out and showing it. Are you saying I should not? Is there any harm in just including it? Sales...
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    Quickbooks Daily Sales - Different Channels

    Please see attached how I have done this. Also please note that the Total invoice amount is £510.24 + 102.05 VAT = 612.29 Total Sales is £2607.60 (£2,524.07 sales in the Bank Account, £85.53 in the Cash Register). Can I capture this all on ONE sales receipts. Thanks for your patience!
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    Quickbooks Daily Sales - Different Channels

    Each week we receive an invoice from Just Eat. I have set up Just Eat as a Customer and in the Chart of Accounts I have set up Just Eat as an Income Account (sub account under Sales), Just Eat Fees as an Expense account The invoice has the following items: Total Sales, Card Sales, Cash Sales...
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    Quickbooks Daily Sales - Different Channels

    Thanks @Scalloway. I am still struggling a little..... When I set up a customer, and looks to set up a recurring transaction (sales receipt) I still have to set up different products..
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    Quickbooks Daily Sales - Different Channels

    Thanks, that's what I was getting confused with - i.e. do I set them up as Customers or Products/Services. Out of curiosity why would you not set them up as Products? Also I am any refunds just go in the same recurring transactions but just as a -ve figure? Thanks
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    Quickbooks Daily Sales - Different Channels

    Not sure if this is the right place. I am new to QBO and not an accountant but get the basics of book keeping. I have just started a takeaway business. I record sales on a Excel spreadsheet by the following categories 1. Deliveroo (may be broken down further into Hot Food and Cold food as...
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    New Business: Xero or QuickBooks Online?

    Hi I am taking over a take away business in the UK, and whilst I am not an accountant, I plan on doing 80-90% of the book keeping myself. I previously did this for another online business using Xero, and just used my accountant for ad hoc requests, initial set up, VAT and final year accounts...
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