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        <title>AAT bookkeeping community — AAT Discussion forums</title>
        <link>https://forums.aat.org.uk/Forum/</link>
        <pubDate>Thu, 18 Jun 2026 13:11:50 +0000</pubDate>
        <language>en</language>
            <description>AAT bookkeeping community — AAT Discussion forums</description>
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    <item>
        <title>FRS102 operational leases</title>
        <link>https://forums.aat.org.uk/Forum/discussion/452097/frs102-operational-leases</link>
        <pubDate>Wed, 15 Apr 2026 15:01:59 +0000</pubDate>
        <category>AAT bookkeeping community</category>
        <dc:creator>malcolm818</dc:creator>
        <guid isPermaLink="false">452097@/Forum/discussions</guid>
        <description><![CDATA[Hi need some help
There are lots of examples online of how to treat previously categorised operating leases under the new on balance sheet lease accounting rules. But what about previously categorised finance leases in particular HP agreements. Do we need to increase the HP creditor for the outstanding interest as now the lease note shows the gross and net obligations repayable. 
Thanks ]]>
        </description>
    </item>
    <item>
        <title>Has anyone else found bank rec a bit of a nightmare with multiple clients?</title>
        <link>https://forums.aat.org.uk/Forum/discussion/452093/has-anyone-else-found-bank-rec-a-bit-of-a-nightmare-with-multiple-clients</link>
        <pubDate>Wed, 08 Apr 2026 10:18:45 +0000</pubDate>
        <category>AAT bookkeeping community</category>
        <dc:creator>morgantregellas</dc:creator>
        <guid isPermaLink="false">452093@/Forum/discussions</guid>
        <description><![CDATA[I'm an AAT member (Level 3) and I do bookkeeping work alongside studying. Bank rec and month-end close was always the part that ate the most time — jumping between spreadsheets, chasing unmatched transactions, losing track of where each client was up to.
I ended up building a tool to solve it for myself called Alignd. It connects to Xero, pulls in unreconciled transactions and helps you match and close off each client's books in one place. It's designed specifically for bookkeepers managing multiple clients rather than being another general accounting platform.
It's live and free to try at aligndapp.uk — would genuinely love feedback from people who do this day-to-day.
Happy to answer any questions!]]>
        </description>
    </item>
    <item>
        <title>AAT Bookkeeper startup programme</title>
        <link>https://forums.aat.org.uk/Forum/discussion/452081/aat-bookkeeper-startup-programme</link>
        <pubDate>Mon, 26 Jan 2026 12:43:23 +0000</pubDate>
        <category>AAT bookkeeping community</category>
        <dc:creator>Charby</dc:creator>
        <guid isPermaLink="false">452081@/Forum/discussions</guid>
        <description><![CDATA[Hi there,<br /> I've recently passed AAT level 4 and now a MAAT &amp; AATQB member.<br /><br /> I'm looking to start up my own bookkeeping business.  <br /><br /> Just wondering if anyone on here as signed up to the AAT Bookkeeper start up programme?  If so, did you find it helpful?<br /><br /> Also, would you say having payroll experience/qualification is a must when starting out or could I add this into my services at a later date?]]>
        </description>
    </item>
    <item>
        <title>VAT registration query</title>
        <link>https://forums.aat.org.uk/Forum/discussion/452086/vat-registration-query</link>
        <pubDate>Mon, 02 Mar 2026 16:12:03 +0000</pubDate>
        <category>AAT bookkeeping community</category>
        <dc:creator>Jo_Condon</dc:creator>
        <guid isPermaLink="false">452086@/Forum/discussions</guid>
        <description><![CDATA[Good afternoon. I have recently obtained my AAT Licensed Bookkeeper status. I have been asked if I can help someone register for VAT. Is that permissable under the Tier 4 licence? Thank you.]]>
        </description>
    </item>
    <item>
        <title>From Receipts and Payments to Accruals</title>
        <link>https://forums.aat.org.uk/Forum/discussion/452075/from-receipts-and-payments-to-accruals</link>
        <pubDate>Tue, 30 Dec 2025 18:30:20 +0000</pubDate>
        <category>AAT bookkeeping community</category>
        <dc:creator>FionaMessenger</dc:creator>
        <guid isPermaLink="false">452075@/Forum/discussions</guid>
        <description><![CDATA[It is necessary for a Charity I do the accounts for to move from R&amp;P to Accruals Accounting.

2024 to December 2024 was reported as R&amp;P
2025 to December 2025 must be reported as Accruals

This might be a daft question, but I want to make sure they do things legally - am I basically drawing a line under the fact that there are no prepayments or accruals from the previous year to take into account, and I basically start recording prepayments in 2025 to carry over to 2026, and report 2026 accruals in the 2025 return, not taking into account any previous years at all?]]>
        </description>
    </item>
    <item>
        <title>AATQB - now what?</title>
        <link>https://forums.aat.org.uk/Forum/discussion/452068/aatqb-now-what</link>
        <pubDate>Wed, 26 Nov 2025 17:52:48 +0000</pubDate>
        <category>AAT bookkeeping community</category>
        <dc:creator>Johnny_Inkslinger</dc:creator>
        <guid isPermaLink="false">452068@/Forum/discussions</guid>
        <description><![CDATA[I completed my Level 3 last year with a distinction (90%), but have found that without any practical experience this doesn't seem to count for much. I noticed most of my coursemates were already working in finance, whereas I have no finance background whatsoever. I was, and still am, working in a warehouse. I've applied for many bookkeeping jobs, but it seems employers value experience much more highly than any qualification, and I am at a loss as to how I'm supposed to acquire such experience. I would be grateful for any advice on how to break this deadlock!]]>
        </description>
    </item>
    <item>
        <title>Wages Journal - Salary Sacrifice Pension</title>
        <link>https://forums.aat.org.uk/Forum/discussion/452043/wages-journal-salary-sacrifice-pension</link>
        <pubDate>Wed, 08 Oct 2025 10:23:14 +0000</pubDate>
        <category>AAT bookkeeping community</category>
        <dc:creator>philharibo</dc:creator>
        <guid isPermaLink="false">452043@/Forum/discussions</guid>
        <description><![CDATA[Hello,

I need to process a wages journal with a salary sacrifice pension scheme for a director.

My question is:
A) should I be journaling Gross Pay before salary sacrifice in the Directors Salary and then recording the ER Pension as less the sacrificed amount.

B) Or vice versa showing the Gross Pay less the sacrificed amount and showing the ER Pension as the full amount

I've journaled it using B before but am now being told that is incorrect.  Any help would be appreciated.

Thanks]]>
        </description>
    </item>
    <item>
        <title>Bookkeeping Charges</title>
        <link>https://forums.aat.org.uk/Forum/discussion/452035/bookkeeping-charges</link>
        <pubDate>Thu, 18 Sep 2025 14:02:50 +0000</pubDate>
        <category>AAT bookkeeping community</category>
        <dc:creator>amir</dc:creator>
        <guid isPermaLink="false">452035@/Forum/discussions</guid>
        <description><![CDATA[Hi Everyone
we are accountants but we do a lot of bookkeeping for our clients in house. Quite a lot of our clients send us CSV bank statements and we use VT software and import Csv bank statements into VT and then categorize as appropriate. I feel that we are not charging enough for this kind of work. Any idea what should be the best pricing structure for this kind of work?? I mean hourly rate or rate per transactions?? Any suggestions will be greatly appreciated. Thank you.    ]]>
        </description>
    </item>
    <item>
        <title>AAT SQB looking for practical experience</title>
        <link>https://forums.aat.org.uk/Forum/discussion/451964/aat-sqb-looking-for-practical-experience</link>
        <pubDate>Mon, 02 Jun 2025 19:45:06 +0000</pubDate>
        <category>AAT bookkeeping community</category>
        <dc:creator>ChristineW</dc:creator>
        <guid isPermaLink="false">451964@/Forum/discussions</guid>
        <description><![CDATA[I passed my book keeping exams a number of years ago. My current role requires knowledge but if very bespoke finance application support. To move more into direct finance roles I need some hands on book keeping experience - at the moment I unpick when others have gone wrong. I work Mon-Thurs<br /> Happy to do unpaid work on a Friday to gain practical experience if anyone can help? <br /> Glasgow area.]]>
        </description>
    </item>
    <item>
        <title>Help with categorising meals/drinks</title>
        <link>https://forums.aat.org.uk/Forum/discussion/451987/help-with-categorising-meals-drinks</link>
        <pubDate>Tue, 24 Jun 2025 16:11:00 +0000</pubDate>
        <category>AAT bookkeeping community</category>
        <dc:creator>lauram</dc:creator>
        <guid isPermaLink="false">451987@/Forum/discussions</guid>
        <description><![CDATA[Hi all,
I am part way through my studies so am still learning so please be kind. I am carrying out some work for a local accountant, just categorising transactions from the bank for a few of her clients. I am getting myself confused with food/drink purchases and although I have looked online and asked on some fb groups, there does not seem to be a clear answer and it is stressing me out.

There are a number of clients who have purchased coffee in costa or gregs etc, lunches in a cafe or in sainsburys etc and there does not seem to be 1 clear method for these types of transactions.

They all seem to go to meals/entertainment (depending on the software it is called something different) which I understand, however, someone on fb group said that it should all go to DLA! So that is a question in itself !

it is the tax treatment I am unsure of.

Some seem to have been allocated with no VAT, others exempt and some 20% - surely these should all be treated the same way? 

It is my understanding that these transactions are not allowed to have the VAT reclaimed as they are for everyday eating and drinking and not strictly business related, and should therefore be entered into the accounts system as either no VAT or exempt - is that correct and which one do I use?

Any guidance would be very much appreciated.]]>
        </description>
    </item>
    <item>
        <title>Reliable Bookkeeping &amp; Admin Support for Start-Ups and Small Businesses – Based in Birmingham</title>
        <link>https://forums.aat.org.uk/Forum/discussion/451934/reliable-bookkeeping-admin-support-for-start-ups-and-small-businesses-based-in-birmingham</link>
        <pubDate>Fri, 21 Mar 2025 12:42:12 +0000</pubDate>
        <category>AAT bookkeeping community</category>
        <dc:creator>Adminbooks</dc:creator>
        <guid isPermaLink="false">451934@/Forum/discussions</guid>
        <description><![CDATA[Hi everyone,

I’m Abdallah, the founder of AdminBooks, a newly launched AAT-licensed bookkeeping practice based in Birmingham.

We help start-ups, sole traders, and growing businesses stay on top of their finances and admin with tailored, reliable support that fits your needs.

Our services include:

Bookkeeping (Xero Certified)
VAT Returns
Payroll Enrollment
Management Accounts &amp; Reports
Business Admin Support (remote or hybrid)

We’re proud to offer a professional, eco-friendly, and fully digital service, making it easy for you to stay compliant and focused on your business.

Book a Free Consultation Today!

If you'd like to learn how we can support your business, head over to our website and apply for a free consultation — we’d love to hear from you.

Best regards,
Abdallah | AdminBooks
📍 Birmingham
📧 info@adminbooks.co.uk
📞 0121 269 7845
🌐 www.adminbooks.co.uk
🧾 AAT Licensed Bookkeeping Practice | Xero Certified Advisor &amp; Payroll]]>
        </description>
    </item>
    <item>
        <title>Cloud Bookkeeping</title>
        <link>https://forums.aat.org.uk/Forum/discussion/451907/cloud-bookkeeping</link>
        <pubDate>Mon, 03 Feb 2025 14:34:24 +0000</pubDate>
        <category>AAT bookkeeping community</category>
        <dc:creator>ecloudbpo</dc:creator>
        <guid isPermaLink="false">451907@/Forum/discussions</guid>
        <description><![CDATA[Cloud Bookkeeping Services: Revolutionizing Financial Management for Businesses

In today’s fast-paced, digitally-driven world, businesses are increasingly turning to cloud-based solutions to streamline their operations. One area that has seen significant transformation is bookkeeping. <a rel="nofollow" href="https://cloud-accounting.io/cloud-bookkeeping-services/">Cloud bookkeeping services</a> are revolutionizing how businesses manage their finances, offering greater flexibility, efficiency, and accuracy. This article explores the benefits, features, and considerations of cloud bookkeeping services and why they are becoming an essential tool for modern businesses.

What is Cloud Bookkeeping?
Cloud bookkeeping refers to the use of online platforms and software to manage financial records, transactions, and reporting. Unlike traditional bookkeeping, which relies on manual data entry and on-premise software, cloud bookkeeping leverages the power of the internet to store and process financial data securely in the cloud. This allows businesses to access their financial information anytime, anywhere, and on any device.

Key Features of Cloud Bookkeeping Services
Real-Time Data Access
Cloud bookkeeping platforms provide real-time access to financial data, enabling business owners and accountants to make informed decisions quickly. This is particularly useful for businesses with multiple locations or remote teams.

Automation
Many cloud bookkeeping services automate repetitive tasks such as invoicing, expense tracking, and bank reconciliation. This reduces the risk of human error and frees up time for more strategic activities.

Integration with Other Tools
Cloud bookkeeping software often integrates seamlessly with other business tools, such as payroll systems, CRM platforms, and tax preparation software. This creates a unified ecosystem for managing all aspects of a business.

Scalability
As businesses grow, their bookkeeping needs become more complex. Cloud bookkeeping services are highly scalable, allowing businesses to add new features or users as needed without significant upfront costs.

Data Security
Reputable cloud bookkeeping providers use advanced encryption and security measures to protect sensitive financial data. Regular backups and disaster recovery plans ensure that data is safe even in the event of a system failure.

Collaboration
Cloud bookkeeping platforms enable multiple users, such as business owners, accountants, and bookkeepers, to collaborate in real-time. This improves communication and ensures everyone is on the same page.

Benefits of Cloud Bookkeeping Services
Cost-Effectiveness
Cloud bookkeeping eliminates the need for expensive hardware and software installations. Most services operate on a subscription-based model, making them more affordable for small and medium-sized businesses.

Time Savings
Automation and real-time access to data significantly reduce the time spent on manual bookkeeping tasks. This allows businesses to focus on growth and innovation.

Improved Accuracy
Automated processes and built-in error-checking features minimize the risk of mistakes, ensuring that financial records are accurate and up to date.

Enhanced Mobility
With cloud bookkeeping, businesses can manage their finances from anywhere with an internet connection. This is especially beneficial for remote teams and business owners who are frequently on the go.

Compliance and Reporting
Cloud bookkeeping services often include features that help businesses stay compliant with tax regulations and financial reporting standards. Automated reports can be generated with just a few clicks, simplifying audits and tax filings.

Considerations When Choosing a Cloud Bookkeeping Service
Ease of Use
The platform should be user-friendly and intuitive, even for those without extensive <a rel="nofollow" href="https://cloud-accounting.io/">accounting </a>knowledge.

Pricing
Compare pricing plans and ensure the service offers good value for money. Be aware of any hidden fees or limitations.

Customer Support
Reliable customer support is essential, especially for businesses that may need assistance with setup or troubleshooting.

Security Measures
Ensure the provider uses robust security protocols to protect your financial data.

Integration Capabilities
Choose a service that integrates well with your existing tools and software to avoid data silos.

Reputation and Reviews
Research the provider’s reputation and read customer reviews to gauge their reliability and performance.

Popular Cloud Bookkeeping Services
QuickBooks Online
A widely used platform that offers comprehensive bookkeeping features, including invoicing, expense tracking, and payroll integration.

Xero
Known for its user-friendly interface and strong collaboration features, Xero is a popular choice for small businesses.

FreshBooks
Ideal for freelancers and service-based businesses, FreshBooks focuses on invoicing and time tracking.

Wave
A free bookkeeping service that is perfect for small businesses with basic accounting needs.

Zoho Books
Part of the Zoho suite, this platform offers robust features and seamless integration with other Zoho applications.

The Future of Cloud Bookkeeping
As technology continues to evolve, cloud bookkeeping services are expected to become even more advanced. Artificial intelligence (AI) and machine learning are likely to play a bigger role in automating complex tasks and providing predictive insights. Additionally, blockchain technology could enhance transparency and security in financial transactions.

Conclusion
Cloud bookkeeping services are transforming the way businesses manage their finances. By offering real-time access, automation, and scalability, these services empower businesses to operate more efficiently and make better financial decisions. Whether you’re a small business owner or part of a larger organization, adopting a cloud bookkeeping solution can help you stay competitive in today’s digital economy. When choosing a service, consider your specific needs and priorities to find the best fit for your business.





]]>
        </description>
    </item>
    <item>
        <title>Offering bookkeeping services</title>
        <link>https://forums.aat.org.uk/Forum/discussion/451862/offering-bookkeeping-services</link>
        <pubDate>Tue, 19 Nov 2024 11:30:54 +0000</pubDate>
        <category>AAT bookkeeping community</category>
        <dc:creator>rhys_cottrell_</dc:creator>
        <guid isPermaLink="false">451862@/Forum/discussions</guid>
        <description><![CDATA[I’m an MAAT member and I have been looking at a way to make money on top of my normal job. My area of expertise is Management accounting. Now I know from experience that this can offer many advantages to small businesses if it is at a low cost.<br /><br />  I am looking for a way to find a job that I can do in the evenings around my 9-5 and was thinking of setting up my own ltd company to offer these services to small businesses at a small cost. I am having trouble weighing up the pros and cons and also the risks of this. Please share any advice or risks that you can think of!!!]]>
        </description>
    </item>
    <item>
        <title>Inventory lost &amp; found/SH margin scheme</title>
        <link>https://forums.aat.org.uk/Forum/discussion/451864/inventory-lost-found-sh-margin-scheme</link>
        <pubDate>Wed, 20 Nov 2024 11:24:50 +0000</pubDate>
        <category>AAT bookkeeping community</category>
        <dc:creator>JohnFPalmer97</dc:creator>
        <guid isPermaLink="false">451864@/Forum/discussions</guid>
        <description><![CDATA[I work in a small engineering firm that operates on the second-hand margin scheme. It hasn't had a serious stock take in almost 25 years of trading, so over August we did a full inventory of the second hand stock.

In that stock take, we've found around £30,000 of missing stock (valued at purchase price). However, we've also found a substantial amount of stock that wasn't recorded in the first place. 

According to the second-hand margin scheme, we have to keep individual records of every item we sell under the scheme including the price paid and the price sold for.

For an example, say we have stock item A and stock item B. Stock item A is recorded as having been bought for £100 in 2010, but has gone missing in the stock take. Stock item B is not recorded on the books, but could be sold for £110.

I think that, under the rules of the margin scheme, we have to write off item A as a loss, then record the sale of item B with a margin of £110 (paying £18.33 of VAT under the scheme).

That seems to follow the letter of the scheme and makes sense on each individual item, but doesn't make sense on the bottom line - we spent £100 on inventory, sold off that inventory for £110, but the £18.33 of VAT means we make a loss.

Is there any mechanism by which we would be able to offset the lost stock against the found stock?]]>
        </description>
    </item>
    <item>
        <title>5 Key Benefits of Hiring Bookkeeping Services USA Businesses Need</title>
        <link>https://forums.aat.org.uk/Forum/discussion/451843/5-key-benefits-of-hiring-bookkeeping-services-usa-businesses-need</link>
        <pubDate>Fri, 18 Oct 2024 10:01:53 +0000</pubDate>
        <category>AAT bookkeeping community</category>
        <dc:creator>MagicBooks</dc:creator>
        <guid isPermaLink="false">451843@/Forum/discussions</guid>
        <description><![CDATA[For many businesses, managing financial records can be overwhelming. Here’s why outsourcing to professional bookkeeping services in the USA can help:

1. Save Time &amp; Boost Efficiency
By outsourcing bookkeeping, you free up time to focus on core business activities, allowing you to work on growth and operations without getting bogged down by day-to-day financial tasks.

2. Improve Financial Accuracy
Professional bookkeepers ensure that your financial records are accurate, reducing errors in transactions, invoices, and reconciliations. This helps prevent costly mistakes and ensures everything is up to date.

3. Ensure Compliance &amp; Avoid Penalties
The tax laws in the USA are complex and ever-changing. Bookkeeping services make sure your records comply with regulations, helping you avoid penalties and fines during tax season.

4. Real-Time Financial Insights
Outsourced bookkeepers often provide cloud-based solutions, giving you real-time access to financial reports. This helps you make informed business decisions based on current data.

5. Scalability for Growing Businesses
As your business grows, so do your bookkeeping needs. Professional services can easily scale with you, offering flexible solutions that fit businesses of any size.

💼 Simplify with Magic Books™
Our <a rel="nofollow" href="https://magicbooks.xyz/bookkeeping-services/"><b>Bookkeeping Services USA</b></a> ensure your financials are accurate, compliant, and organized. Whether you're a startup or an established business, let Magic Books™ handle the bookkeeping so you can focus on success.]]>
        </description>
    </item>
    <item>
        <title>Paypal Settlement Consolidation on USD account</title>
        <link>https://forums.aat.org.uk/Forum/discussion/451713/paypal-settlement-consolidation-on-usd-account</link>
        <pubDate>Tue, 14 May 2024 15:37:41 +0000</pubDate>
        <category>AAT bookkeeping community</category>
        <dc:creator>JbCloud</dc:creator>
        <guid isPermaLink="false">451713@/Forum/discussions</guid>
        <description><![CDATA[Hi
Has anyone seen a Paypal settlement consolidation before? It is showing as:
1. Funds being held
2. Funds being released
3. Funds being "withdrawn" to a consolidation account

I can't see these transfers anywhere in any bank accounts and wondered if anyone had come across these before?]]>
        </description>
    </item>
    <item>
        <title>Payroll Bureau Software</title>
        <link>https://forums.aat.org.uk/Forum/discussion/451739/payroll-bureau-software</link>
        <pubDate>Sat, 15 Jun 2024 13:01:18 +0000</pubDate>
        <category>AAT bookkeeping community</category>
        <dc:creator>Jamiemockridge1974</dc:creator>
        <guid isPermaLink="false">451739@/Forum/discussions</guid>
        <description><![CDATA[Hi, Im sure this has been asked on here many, many times,  but I can't find a recent response in the search tab! I'm also a newly qualified bookkeeper, so m allowed to ask simple questions!

I am about to take on my first client, who has one PAYE employee. She is leaving her existing accountancy firm who run her payroll, and wants a bookkeeper for the day to day stuff.

Can anyone suggest a decent and not too expensive payroll bureau software? It's a bit confusing when I look online.

Furthermore, I have my own company, not accountancy related and pay my two staff members through Quickbooks Payroll, but obviously I cannot pay a bookkeeping clients' payroll through this, so I'm looking to move both companies payroll to one bureau.

Sage is obviously the most well known one, but there are so many out there. Any advice much appreciated. 
Jamie]]>
        </description>
    </item>
    <item>
        <title>Nominal codes after VAT return</title>
        <link>https://forums.aat.org.uk/Forum/discussion/451673/nominal-codes-after-vat-return</link>
        <pubDate>Thu, 04 Apr 2024 09:37:53 +0000</pubDate>
        <category>AAT bookkeeping community</category>
        <dc:creator>lozza10</dc:creator>
        <guid isPermaLink="false">451673@/Forum/discussions</guid>
        <description><![CDATA[Hi I have an invoice that has been included in last quarters VAT return but I need to change the nominal code. Will this affect anything at all? ]]>
        </description>
    </item>
    <item>
        <title>Looking for a London-based Bookkeeper</title>
        <link>https://forums.aat.org.uk/Forum/discussion/451464/looking-for-a-london-based-bookkeeper</link>
        <pubDate>Tue, 15 Aug 2023 16:35:01 +0000</pubDate>
        <category>AAT bookkeeping community</category>
        <dc:creator>phoenixd</dc:creator>
        <guid isPermaLink="false">451464@/Forum/discussions</guid>
        <description><![CDATA[If you are familiar with CIS and at least Xero, get in touch. We are also seeking someone who can take clients' accounts from source documents to trial balance. 
You may leave a comment here or send me a private message.
Cheers
Phoenix]]>
        </description>
    </item>
    <item>
        <title>Are you interested in using a virtual assistant for tasks like calendar management and data entry?</title>
        <link>https://forums.aat.org.uk/Forum/discussion/451644/are-you-interested-in-using-a-virtual-assistant-for-tasks-like-calendar-management-and-data-entry</link>
        <pubDate>Fri, 01 Mar 2024 09:48:41 +0000</pubDate>
        <category>AAT bookkeeping community</category>
        <dc:creator>Anika1345</dc:creator>
        <guid isPermaLink="false">451644@/Forum/discussions</guid>
        <description><![CDATA[]]>
        </description>
    </item>
    <item>
        <title>Amazon - China Supplier UK Vat number</title>
        <link>https://forums.aat.org.uk/Forum/discussion/451633/amazon-china-supplier-uk-vat-number</link>
        <pubDate>Mon, 12 Feb 2024 09:29:58 +0000</pubDate>
        <category>AAT bookkeeping community</category>
        <dc:creator>lozza10</dc:creator>
        <guid isPermaLink="false">451633@/Forum/discussions</guid>
        <description><![CDATA[Hi, I have purchased goods from a company in China and Cyprus. They both have UK VAT registered numbers, both of which I have checked on the direct gov website and they are correct. My question is, am I able to claim the VAT please? ]]>
        </description>
    </item>
    <item>
        <title>Accrual issue</title>
        <link>https://forums.aat.org.uk/Forum/discussion/451590/accrual-issue</link>
        <pubDate>Sat, 18 Nov 2023 12:35:16 +0000</pubDate>
        <category>AAT bookkeeping community</category>
        <dc:creator>Robbo007_84</dc:creator>
        <guid isPermaLink="false">451590@/Forum/discussions</guid>
        <description><![CDATA[Hi<br /><br /> I have an issue at my work place that I need help with. <br /><br /> So basically I have accrued 2 months of expenses in August and September, each for the same amounts of £2000.<br /><br /> In October, I eventually received the expense invoice of £6000 that covers the months of Aug to Oct. So naturally I reversed the aug and sept accruals in October which I believed would reduce the invoice total from 6k to 2k (the remaining 2k would be the Oct charge).<br /><br /> However, the expense balance is still showing as the full 6k! I’ve checked the periods which the entries were posted and they have been entered in the correct period.<br /><br /> Am I missing something here? <br /> Thanks<br /> RJ]]>
        </description>
    </item>
    <item>
        <title>Double entry for fuel allowance</title>
        <link>https://forums.aat.org.uk/Forum/discussion/451544/double-entry-for-fuel-allowance</link>
        <pubDate>Tue, 03 Oct 2023 15:05:04 +0000</pubDate>
        <category>AAT bookkeeping community</category>
        <dc:creator>MTJR</dc:creator>
        <guid isPermaLink="false">451544@/Forum/discussions</guid>
        <description><![CDATA[I'm having one of those days and getting my head in a muddle!

So, if a sole trader pays for their fuel from their personal bank account, it's partly for business and partly for personal use. They claim the 45p a mile fuel allowance - what is the double entry in the account?
Dr Fuel expense
Cr ??? is it drawings?

Thank you!]]>
        </description>
    </item>
    <item>
        <title>AAT Members wishing to become ACCA Qualified</title>
        <link>https://forums.aat.org.uk/Forum/discussion/451527/aat-members-wishing-to-become-acca-qualified</link>
        <pubDate>Fri, 22 Sep 2023 15:54:06 +0000</pubDate>
        <category>AAT bookkeeping community</category>
        <dc:creator>Rajan96</dc:creator>
        <guid isPermaLink="false">451527@/Forum/discussions</guid>
        <description><![CDATA[Hey everyone!

I hope you are doing well! 

I would like to ask if you would be open and honest with your future employer for example if you have got one year of experience required or left to complete and you are looking for a role that will help you gain that after which you are thinking about moving out of the country and potentially leaving that role, would you be open about it? I know this might seems like a no-brainer but would like to hear from others.]]>
        </description>
    </item>
    <item>
        <title>Can you work as an AAT Licensed Accountant or Bookkeeper internationally?</title>
        <link>https://forums.aat.org.uk/Forum/discussion/451513/can-you-work-as-an-aat-licensed-accountant-or-bookkeeper-internationally</link>
        <pubDate>Fri, 15 Sep 2023 22:36:49 +0000</pubDate>
        <category>AAT bookkeeping community</category>
        <dc:creator>Rajan96</dc:creator>
        <guid isPermaLink="false">451513@/Forum/discussions</guid>
        <description><![CDATA[Hi there,

I just wanted to know if it is possible for AAT members and qualified Accountants and Bookkeepers to be able to work with clients in the UK and around the world from outside the UK for example from India. Just wanted to know the possibilities.]]>
        </description>
    </item>
    <item>
        <title>Becoming a Freelance Licensed Member?</title>
        <link>https://forums.aat.org.uk/Forum/discussion/451499/becoming-a-freelance-licensed-member</link>
        <pubDate>Mon, 04 Sep 2023 14:02:11 +0000</pubDate>
        <category>AAT bookkeeping community</category>
        <dc:creator>AnyPotts</dc:creator>
        <guid isPermaLink="false">451499@/Forum/discussions</guid>
        <description><![CDATA[Good Afternoon

I currently work as a bookkeeper for a Chartered Accountancy Firm, and wish to potentially take on some private work rather than look for another position with another firm. I have held my MAAT for 3 years now but am still, contently working in a bookkeeping and training role for a pleasant company.

I wonder if there are any other members on the forum that I could potentially bounce some questions off of before I make the leap. I am unsure about so many things and I'm sure a frank conversation would really help.

I'd love to cover the topic of start up costs, advertising, fee levels. Whether I should be working on a business plan and budget to ensure these things are covered?  I'd love to hear of some first hand experience before launching into this head first.

For me, it seems like a logic stop-gap between moving jobs and keeping the work life balance right but also being able to cover my outgoings with the cost of living.

Are there any other members thinking of taking the same steps?

Are there any focus groups or meetings I can book onto or join?

Thank you]]>
        </description>
    </item>
    <item>
        <title>Are there any licensed bookkeeper or accountant interested in helping with Continuity of cover?</title>
        <link>https://forums.aat.org.uk/Forum/discussion/451289/are-there-any-licensed-bookkeeper-or-accountant-interested-in-helping-with-continuity-of-cover</link>
        <pubDate>Fri, 31 Mar 2023 11:29:39 +0000</pubDate>
        <category>AAT bookkeeping community</category>
        <dc:creator>mogio</dc:creator>
        <guid isPermaLink="false">451289@/Forum/discussions</guid>
        <description><![CDATA[Hi there. I have been an AAT Licensed Bookkeeping Member since Jan 23. Due to the increase in my client numbers, I need continuity of practice cover. It would be great to have a chat if interested and see how we could help each other. Thank you!]]>
        </description>
    </item>
    <item>
        <title>Double Entry Dilemma: Employee Repays Loan from NIC Savings from Salary Sacrifice (EV Scheme)</title>
        <link>https://forums.aat.org.uk/Forum/discussion/451433/double-entry-dilemma-employee-repays-loan-from-nic-savings-from-salary-sacrifice-ev-scheme</link>
        <pubDate>Thu, 03 Aug 2023 09:23:06 +0000</pubDate>
        <category>AAT bookkeeping community</category>
        <dc:creator>Etemplar</dc:creator>
        <guid isPermaLink="false">451433@/Forum/discussions</guid>
        <description><![CDATA[Hello,

I work for a company (I'll refer it as "Com Z") which recently has introduced an Electric Vehicle Scheme to its employees. The concept of the EV scheme is that this is cost neutral to the Com Z. In fact, this creates a very small income to the Com Z.

Currently the following is done:
An employee (Mr. X) signs up for an EV - this triggers Com Z receiving a couple of invoices: one for the lease, the other for admin fees and insurance every month. Those are paid to the suppliers by the Com Z on behald of Mr. X. The amounts paid are treated as Mr. X's loans to the Com Z and the double entry for this is:
Dr. Employees Loan and Cr. Accounts Payable

Mr.X's employment loan will be repaid partially via his salary sacrifice and the rest by NIC savings 

Example:
Invoice from Supplier 1 for the admin charges &amp; insurance = £250
Invoice from Supplier 2 for the car lease = £1,000 (which results in £1,250 debited to Employees Loan)

Monthly salary deduction from Mr. X at £1112
This leaves £138 outstanding employee loan which will be repaid via NIC savings of £154.
But the Com Z will incur P11d liability of £12 which will be added to the employee's loan.
At the end, £4 is essentially an extra income to the Com Z.

My questions are
1. What is the debit side when we reduce Mr. X's loan by the NIC savings: Dr ? £154 Cr Employees loan £154
2. What is the best place to recognise £4 in debit - it is also a part of NIC savoings
3. Is Misc Income best place to recognise the £4 extra income or any other suitable place?


Summary of double entries:
1. Dr Employee Loan £1250   Cr Accounts Payable £1250 (Comp Z paying the suppliers 
   Dr Staff Costs           Cr Salary Control
2. Dr Salary Control        Cr Employee Loan £1112 (Salary sacrifice)
3. Dr ??   £154             Cr Employee Loan £154 (NIC saving)
4. Dr Employee Loan £12     Cr PAYE Liability (P11d payable from EV scheme)
5. Dr ??   £4               Cr Misc Income? £4 (remaining NIC saving)

My questions are mostly about how to treat the NIC savings without affecting the PAYE Liability account in the balance sheet. If I were to debit £154 and £4 in PAYE Liability, then this account will have balance left on a monthly basis which I want to avoid.
I've been working in Finance for a long time but I'm now stuck and don't know what to do with double-entries for NIC savings. Any help would be much appreciated!
Thank you.]]>
        </description>
    </item>
    <item>
        <title>Weekly annualised hours and payment</title>
        <link>https://forums.aat.org.uk/Forum/discussion/451427/weekly-annualised-hours-and-payment</link>
        <pubDate>Tue, 01 Aug 2023 13:46:44 +0000</pubDate>
        <category>AAT bookkeeping community</category>
        <dc:creator>Kammedli</dc:creator>
        <guid isPermaLink="false">451427@/Forum/discussions</guid>
        <description><![CDATA[Hi All, 
I need some help regarding one of our employees. Normally, we do monthly payroll and pay hourly by timesheets on Xero Payroll. 
One of our employees who works as a school run driver wants to be paid the same amount every 52 weeks so we want to annulise his hours. Our employer agreed to £250 gross pay every Friday which would include his holiday pay as well. Normally these drivers are on a flat rate of £60/day and normally there is 190 working days in a year. I have worked something out but I want to see if I have done the right thing. I am using Pay template rather than timesheets but the holiday I have to enter every week? 
Any help would be appriciated. 

Thank you 

Kamilla ]]>
        </description>
    </item>
    <item>
        <title>What is the Best Marketing Tool for your Bookkeeping Business?</title>
        <link>https://forums.aat.org.uk/Forum/discussion/451149/what-is-the-best-marketing-tool-for-your-bookkeeping-business</link>
        <pubDate>Tue, 06 Dec 2022 00:13:21 +0000</pubDate>
        <category>AAT bookkeeping community</category>
        <dc:creator>Rajan96</dc:creator>
        <guid isPermaLink="false">451149@/Forum/discussions</guid>
        <description><![CDATA[]]>
        </description>
    </item>
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