Thank you so much for these videos on Xero. Most of the jobs I'm applying for uses Xero. So far, with your videos, I'm 95% confident I can use the software. Thank you again.
Thank you for the video, so helpful. I used your videos before when I was training at college for my sage computerised accounting course (2017 in the UK), the teacher wasn't very good at teaching which my whole class also thought, so I put them on to your videos, needless to say we all passed. I'm now revisiting your tutorials as I've been working mainly on payroll but I'm looking for a new job and have applied for some accounts admin roles which in NZ mainly use Xero and I needed a refresher and to understand Xero a little better than I do. So, I just wanted to say thank you for being so great at what you do and all the help, understanding & support you give to everyone that watches your videos. Jodie 🙂
excellent explanation about how to do the VAT Return. Thank you so much, I learn a lot with your videos. I started working at an accounting firm two weeks ago and they are using only Xero software accounting. Now i feel confident using Xero after watched all your videos. Again, Thanks a lot.
Thank you. So so helpful. I have just swapped from Sage to Xero. I have used Sage for 29 years so very nervous about swapping over to Xero. I have to say it is so much easier to use.
Many thanks have watched all the videos and have been a great help in relation to updating my Xero knowledge as not used the software for a couple of years thank you. If after the return has been completed say to end of June and then a purchase invoice is received for June can this be posted in June and then picked up in the next return or is it best to post in July
Hi, what a great video! I have a question regarding 'VAT returns' in xero: I do not have the tab you used. Instead of Transactions by VAT box, I have Non-posting adjustments by VAT box which is empty. Any suggestions?
Great, informative video. Just one question, on sage I had to click on ‘reconcile’ which locked the return for the period. On Xero, it doesn’t show you need to do that. Is the VAT return reconciled once submitted to HMRC? So any transactions posted after the return has been submitted goes into the next quarter? Thank you
Hi! I love your videos it help me so much working my the company who is using XERO in the system. Can you please make a video on how to record on xero the VAT and DUTY (taxes only) on an imports? That will show up on the VAT RETURN. I'm having difficulties on this. 😭🙏
Your videos are really nice and I want to start bookkeeping for international clients, can you guide me how to start without prior experience. I am certified in QB and Xero as well
I am setting my MTD up, I have a question about the sales/purchases we are a vat registered company there fore what do I choose VAT INCLUSIVE? OR VAT EXCLUSIVE? please help as no tutorial mentions this part.
It's your personal preference - it doesn't matter either way. Just ensure the VAT amount is correct before posting transactions. VAT inclusive will require you to post the gross amount (the total including the VAT). VAT exclusive will require you to post the net amount (the amount before VAT). I hope this helps.
Hello, This video has been so very helpful. But I have one question please... This is my first VAT return for my business and my accountant has advised me that I can claim back VAT paid for 6 months prior to my registration. Can you help with how to do this on my first VAT return please?
Thank you so much for these videos on Xero. Most of the jobs I'm applying for uses Xero. So far, with your videos, I'm 95% confident I can use the software. Thank you again.
Glad to help! Thanks for taking the time to comment
Mate this is a great training modules you have created. This is a great help to community.
Glad you think so! Thanks for watching
Thank you for those videos. I was using Sage for over 20 years and just switched to Xero so wanted to know I didn’t miss anything.
No problem. Thanks for the comments
Thank you for the video, so helpful. I used your videos before when I was training at college for my sage computerised accounting course (2017 in the UK), the teacher wasn't very good at teaching which my whole class also thought, so I put them on to your videos, needless to say we all passed. I'm now revisiting your tutorials as I've been working mainly on payroll but I'm looking for a new job and have applied for some accounts admin roles which in NZ mainly use Xero and I needed a refresher and to understand Xero a little better than I do.
So, I just wanted to say thank you for being so great at what you do and all the help, understanding & support you give to everyone that watches your videos. Jodie 🙂
No problem. Thanks for your kind words.
thx for the video. I am just about to file my first vat return and I am a bit nervous about it. but your video helped me very much. thank you.
Glad it helped! Thanks for watching
excellent explanation about how to do the VAT Return. Thank you so much, I learn a lot with your videos. I started working at an accounting firm two weeks ago and they are using only Xero software accounting. Now i feel confident using Xero after watched all your videos. Again, Thanks a lot.
Great to hear! Thanks for watching
Thank you. So so helpful. I have just swapped from Sage to Xero. I have used Sage for 29 years so very nervous about swapping over to Xero. I have to say it is so much easier to use.
You can do it! Thanks for taking the time to comment
Very helpful
Glad it helped. Thanks for watching.
Thanks - very helpful - just about to lodge my first ever VAT return and feel much happier about it now!
Great to hear! Thanks for watching
This is highly helpful. Very good job. Thanks for this initiative.
You're very welcome! Thanks for watching.
Great video - I'm a new user of Xero. Thanks so much.
1.5x speed is my friend for a sleepy Friday night!
Enjoy!
Great learning experience. Very easy way you described everything. Hope in the future u will create more things.Thanks from heart
Thanks a lot 😊
your videos are very good and help me a lot
Glad to hear that
Thanks for this informative video, I will be needing this soon.. pls dont stop sharing infos.
Will do! Thanks for watching
Excellent training course- thank you so much
Glad you enjoyed it. Thanks for the comment and for watching
This video has been very helpful my man.
Glad to hear it!
Brilliant and useful videos. Thank you!
You're very welcome!
Fantastic videos and well explained in detailed thanks so much 😊
Glad it was helpful! Thanks for the comment
Thank you. Always helpful.
My pleasure! Thanks for watching and taking the time to comment.
clear and straight forward, thank you
Thanks
Great video ⭐ Lots of information... Thanks 😊
Glad you enjoyed it! Thanks for watching
Very helpful and informative. I like it.
Glad you think so! Thanks for the comment
Thank you, very straightforward, I would like to ask how to add a net error from a previous VAT return?
Many thanks have watched all the videos and have been a great help in relation to updating my Xero knowledge as not used the software for a couple of years thank you. If after the return has been completed say to end of June and then a purchase invoice is received for June can this be posted in June and then picked up in the next return or is it best to post in July
Glad it helped. Thanks for the comments.
Very helpful, thank you!
Glad it was helpful! Thanks for watching
how do you reclaim backdated VAT expenses other softwares automatically calculate it but xero doesnt have this option
Hi, what a great video! I have a question regarding 'VAT returns' in xero: I do not have the tab you used. Instead of Transactions by VAT box, I have Non-posting adjustments by VAT box which is empty. Any suggestions?
Great, informative video. Just one question, on sage I had to click on ‘reconcile’ which locked the return for the period. On Xero, it doesn’t show you need to do that. Is the VAT return reconciled once submitted to HMRC? So any transactions posted after the return has been submitted goes into the next quarter? Thank you
That is correct
Thank you for Xero Vat video. What VAT rate should be applied to Google UA-cam income invoices? Should it be 'Zero-rated EC services'?
Thank you. Really helpful :)
Glad to hear that! Thanks for watching and for the comment.
Thank you so much master ❤
You're welcome
Most helpful thanks!
No worries! Thanks for watching
Hi! I love your videos it help me so much working my the company who is using XERO in the system.
Can you please make a video on how to record on xero the VAT and DUTY (taxes only) on an imports? That will show up on the VAT RETURN. I'm having difficulties on this. 😭🙏
Sure. I'll add it to my list. Thanks for watching and for the comment.
Your videos are really nice and I want to start bookkeeping for international clients, can you guide me how to start without prior experience. I am certified in QB and Xero as well
Thank you very much. appreciate it.
No worries! Thanks for watching
Great video, as a freelancer my question would be, what happens if I’m not paid until after the vat quarter period?
If that concerns you, sign up for VAT cash accounting. That way VAT is declared upon invoice payment rather than invoice date. Thanks for watching.
I am setting my MTD up, I have a question about the sales/purchases we are a vat registered company there fore what do I choose VAT INCLUSIVE? OR VAT EXCLUSIVE? please help as no tutorial mentions this part.
It's your personal preference - it doesn't matter either way. Just ensure the VAT amount is correct before posting transactions. VAT inclusive will require you to post the gross amount (the total including the VAT). VAT exclusive will require you to post the net amount (the amount before VAT). I hope this helps.
Thank You !
You're welcome! Thanks for watching
Thanks mate
No problem. Thanks for watching
If the payment has been done is there any submission needs to be done? Or how do we get acknowledgement from the Gov
Both a submission and payment must be done. The submission will show on Xero, if connected through MTD.
Thank you so much
No problem. Thanks for watching.
After the Yer period is up,how much time do they have to file ? Two months whether Quarterly, or Yearly ?
For quarterly returns, one month and seven days, so the 7th of the following month. Thanks for watching.
Once you have filed, does HMRC automatically take what you owe from your bank account or do you need to pay it somewhere else?
You need to pay it by bank transfer or card unless you have a direct debit set up. If the latter, then it will be taken automatically.
Hello, This video has been so very helpful. But I have one question please... This is my first VAT return for my business and my accountant has advised me that I can claim back VAT paid for 6 months prior to my registration. Can you help with how to do this on my first VAT return please?
I can do, but I obviously charge. Is this not something your accountant can help with?
Almost like my friday nights 😂😂❤
LOL! Thanks for watching
I have been watching all your videos the whole day! Iam also a qualified ICB Senior bookkeeper !
thanks a lot
You are most welcome. Thanks for watching
superb -
Thanks 😊
Thanks!
You bet!
thanks let dream about accounting ;)
LOL
Thank you
You're welcome. Thanks for watching.
🥰🥰😃
Thanks for watching
brilliant thanks
You're welcome!
Thanks so much
No problem. Thanks for the comment
thank you so much
Welcome 😊
thank you so much
No problem