QuickBooks Q&A (UK)

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Taking over an existing company which has stuff on QuickBooks already

Hi everyone,  We are an online store selling products. We are VAT Registered in Switzerland, the UK, France and for the OSS. Is there a way to track separate VAT Returns?  Under add tax - Would I add:Swiss VAT 8.1% (Group Rate?)UK VAT 20% (Group Rate?)France VAT 20% (Group Rate?)OSS VAT ((Group Rate?) - with all the different VAT rates for individual countries? Uf yes, how do I manage this on booking my income and expenses?And how do I pull the separate rates into a VAT return for each specific region?Would the Shopify and Quickbooks Integration help with this? Thank you very much! 

I have seen the Connector suggested to get the SS details into QBO but I cannot see if this will account for the fees charged by Stripe for each transaction and how I can then match up transactions with the Stripe payout.

Why, when viewing Tax summary page and clicking on the 'other business expenses' figures,   the report shows the same list of records, regardless of whether you choose the 'allowed' or the 'disallowed' expenses. Surely if there is a figure quoted on the 'disallowed' list, that clicking on that total should then show only the items that are disallowed, which should calculate to the total shown on the summary page??  Feel this is a bug or if not then a relatively useless feature for analysis purposes!

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I have a VAT Rate with Tax Name 'TEST', 20%, Expense Account, Net Value of Purchase, rate is active. None of the transactions using this rate appear in BOX 4 on VAT 100 summary. Instead, they appear in Profit & Loss under HM Rev & Customs (VAT) Expense?

I am trading as a sole trader (Accountancy Practice) using Quickbooks Online but when I try to generate the Accounts via workpapers it will only give me the option of Ltd Company Accounts FRS 105Same for my clients tooIs there anyway to alter this ? Not everyone is a Ltd Company How will this work under MTD for ITSA 

I link to Starling account which has category of owner withdrawl and personal, unless this pulls from that, just want it to be correct....I have payroll for my one employee sorted, just when I pay myself is a heading headache!! - sure there is a simple answer, I just can't see it, thanks again forum genuises!!

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automated credit notes applied to customer accounts, as follows - credited to QB online to link credits to charges

How do I reset as been like this for 17 days

I can’t link my virgin business bank account in browser.When I try to link my account on my computer it takes me to the virgin current account log in page, it won’t recognise my log into details because it’s a business account.When I try it on my phone it takes me to my app so it allows me to log in but when it sends my back to QBO to finish it’s just a blank page and my bank account hasn’t been added, although it shows it’s connected on my bank account.I’ve been trying for days to sort this out and it’s becoming so stressful.Hopefully someone can help me. 

The payroll interface has suddenly changed (some searching suggests this is due to a forced update to 'Core Payroll'. When running payroll, there is now a mandatory field labelled "Chart of account". What should this be set to so that the payroll works the same as it did previously? Note that I already have already checked the settings under "Payroll settings -> Accounting" and all of these are filled in - so it's not clear to me why there would be an additional option. What is this new "Chart of account" field for? I have tried checking the documentation - all I could find is this article https://quickbooks.intuit.com/learn-support/en-uk/help-article/regular-payroll/create-run-payroll/L5JFzGwNu_GB_en_GBwhich simply says "Select or review the QuickBooks Chart of account to track your payroll". How is this different from the settings that are in Payroll settings -> Accounting? Surely to fully track payroll you need separate accounts for payments, wage expenses,

I am trialing Quickbooks Time and setting up weekly shifts which repeat.For repeat there are currently only two options for when the repeat runs until: "after" - a set number of repeatsOR"on" - a set date i can't find the obvious repeat "forever" option..... Any ideas

I am trialing Quickbooks Time and entering employee shifts.I add an employee for a shift 10am to 12pm Today.I add the same employee for a second shift 11am to 1pm Today.There is now a clash between 11am and 12, is there a setting to show warnings or totally prevent this from happening, i understand some businesses may have a supervisor scheduled to multiple jobs at the same time but we are scheduling cleaning staff to attend customer locations so they will never be in two places at once.

I have an employee that has refund from tax. How can I tell if my employee has given a tax refund? Does the refund show as credit on payroll or not?

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Every time I edit my invoice details in QBSE, specifically to remove my phone number, it reverts to the default of including that phone number with every new invoice. I have to remove it manually before sending every invoice.  Any way to fix this? I don't want my phone number on my invoices. 

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So, half has been paid thru bank account of company 1.Other half through credit agreement for company 2.I have set up a non current liability account for the loan in company 2, but unsure how to record the whole purchase in QBO, including VAT. For either company!For example, if I put the whole cost through company 1, it wont tally in the bank reconciliation, as only £550 of the £1100 went through theirs. And vice versa in the other company, if I put the direct cost through, there is no bank transaction for it..

The HMRC says that if you pay or receive money in foreign currency you cannot use their web filing service but QBO also does not support Corporation tax filing in the UK for multiple currency QBO - so what does on do?