Converting to Quickbooks UK to enable VAT calculations

Brandon, MB--February 6, 2023: QuickBooks UK offers users a dedicated self-employed package, which allows to easily separate business and personal expenses.

With digital tax, if the business is registered for VAT, QuickBooks is already MTD compliant, allowing the submission of VAT returns directly through the software. QuickBooks Online is entirely Making Tax Digital compliant and allows you to set up purchases and sales tax rates. Therefore if tax rates change, it is easy to keep on top of it. VAT is easy to track, and the reports required from HMRC can be printed and sent directly to them. Businesses can keep track of VAT, knowing how much is owed and the due date.
There are plans for other taxes and digital submission, including self-employed and landlords earning over £10,000 in 2024 and corporation tax.
QuickBooks UK payroll integrates everything into the software. It is easy to set up, run the payroll and submit returns to HMRC. Time tracking can be an invaluable feature if time is invoice to customers. A small self-employed business missing time invoiceable to a customer will cost money in lost revenue.
QuickBooks time tracking feature makes it easy and is available in the mobile app and online version.
Time tracking is also used for the payroll service and scheduling work.

The mobile app allows users to automatically track mileage, and assign it to business or personal use with a tap, while its cloud-based payroll solution handles payslips, pensions, statutory payments and more with ease.

QuickBooks US does not handle VAT, hence data files need to be converted to the UK version to handle VAT filings.
QuickBooks Repair Pro's conversion service allows for the conversion of files from QuickBooks US to the UK version so VAT can be handled. This works for companies in the UAE, Saudi Arabia, and other countries that have introduced VAT filing requirements.

With this conversion, you are able to modify the nationality of QuickBooks and bring both versions into sync. An evaluation is initially necessary to assess both versions of QuickBooks in order to determine the cost and time required for the conversion. For more information, visit https://quickbooksrepairpro.com/Quickbooks-US-to-UK-for-VAT.aspx

Melanie Ann
Media Relations
E-Tech
136 11 th St
Brandon, MB R7A 4J4
Melanie@e-tech.ca
www.e-tech.ca

About QuickBooks Repair Pro

QuickBooksRepairpro.com is a leading QuickBooks File Repair and Data Recovery, QuickBooks Conversion, QuickBooks Mac Repair, and QuickBooks SDK programming services provider in North America, serving thousands of business users all over the world. With over 20 years of experience with Intuit QuickBooks, QuickBooksRepairpro.com assists QuickBooks users and small businesses with a variety of services and work with the US, UK, Canadian, Australian (Reckon Accounts), and New Zealand versions of QuickBooks (PC and Mac platforms).

For more information, visit https://quickbooksrepairpro.com/

This release was published on openPR.