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Search found 4 matches

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by FiFiFu
02 Dec 2010, 09:56
Forum: Sage 50 UK version General Help
Topic: Nominal Code Help
Replies: 1
Views: 1807

Nominal Code Help

I would like to create nominal code 1300 as suggested by my accountant for a long term Director's Loan. I am using the Sage default chart of accounts.

I know how to create a new code and include it in the chart of accounts, I'm just not sure where I create 1300. Should it be under Total Current ...
by FiFiFu
30 Nov 2010, 09:22
Forum: Sage 50 UK version General Help
Topic: Creating Director's Loan Account
Replies: 2
Views: 2409

Creating Director's Loan Account

I'm a Sage newbie and would like to create a Director's Loan Account Nominal Code. My accountant has advised me to use code 1300 but is not a Sage user himself.

I know how to create a new nominal code under an existing one but don't know WHERE to create the Director's Loan Account.

I am using ...
by FiFiFu
29 Nov 2010, 09:32
Forum: Sage 50 UK version General Help
Topic: Corrections
Replies: 3
Views: 4501

Re: Corrections

We have a VAT registerd partnership and my husband also has a non VAT registered business.

I found that I made an error on an entry in the partnership accounts in December 2009. I entered an invoice that should have been for my partner's non VAT registered business and reclaimed the VAT on it which ...
by FiFiFu
25 Nov 2010, 12:00
Forum: Sage 50 UK version General Help
Topic: Corrections
Replies: 3
Views: 4501

Corrections

Hi, I have started using Sage 2010 about a year ago for VAT returns and have found it a very steep learning curve! I think I'm getting most things right now but am still going through errors with things such as incorrect nominal codes etc that I made early on.

I've been told that for a VAT or bank ...

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