By clicking “Accept All”, you agree to the storing of cookies on your device to enhance site navigation, analyse site usage, and assist in our marketing efforts
Essential
These cookies enable our website and App to remember things such as your region or country, language, accessibility options and your preferences and settings.
Analytics
Analytic cookies help website owners to understand how visitors interact with websites by collecting and reporting information anonymously.
Marketing
Marketing cookies are used to track visitors across websites. The intention is to display ads that are relevant and engaging for the individual user and thereby more valuable for publishers and third party advertisers.
well its now nearly March... another tax year nearly over and Kashflow still does not operate as advertised with our paypal account.
Is it working ok with VAT reporting for anyone else that sells in and outside of Europe?
Surely this isnt an isolated case though?
If it is an isolated case then there must be something peculiar about our situation. For example that we had to get kashflow to download a big chunk of data from the past in one time perhaps.
Well some of the withdrawals from paypal-to-bank account have been missed out - no record of them in the importer.
Some have been doubled.
The ones that are missing we have noticed are when the withdrawals were using the 5 GBP quick withdrawal option (that no longer exists) not the normal...
Just in case anyone stumbles across this - some weeks after the original post was made we are still suffering Big problems using Kashflow and there importer system.
I cant begin to explain to you how many hours we have spent trying to fix it. We have had over 30 back and forth emails with...
I guess youd get £25k and the other 25 would go into the business, if you wanted to withdraw further you would have the split the 25 with the new owner!
I think
In the worst case you can raise your own VAT receipt for it - look up their VAT number online and write down all the transaction details etc. In the unlikely event the transaction was ever looked into by HMRC they could always trace it back via those records anyway.
You're right - ive done some test downloads in Kashflow and this does now seem to work.
Previously we had either all the sales at 0% VAT with one setting or all the sales at 20% with another regardless of location.
This function is verifably working well in Kashflow.
Unfortunatly I have now...
No but fortunatly this isnt too much of an issue for us any customers we have that are VAT registered in another EU state we tend to get payment wired via bank transfer rather than paypal....so far
Thanks alot for the response, its not correct that our kashflow is set up to treat all sales as one customer - each customer has there own sales record and there own listing as a customer in the customer section in Kashflow.
With regards to Paypal setup - we have tried to but havent been able...
Thats not correct - Kashflow is making a record for each individual customer, Kashflow has each customers individual address and country Should be able to be determined by it - yet so far we cant get it to.
We charge the same amount for EU and NON-EU based customers but only need to collect...
To all the Guys and Girls especially those who sell stuff online via paypal and are VAT registered and who use Kashflow please please help.
The Problem : We sell stuff on ebay mainly using paypal to receive payments. We are a UK based VAT registered company. We recently signed up to use the...