Payroll can be run on Quickbooks 2012 if you pay the payroll licence fee to unlock the payroll facility. At the present only until June 2012 you can still run payroll on Quickbooks 2010 but after that the program will not run properly and you must upgrade to 2012.
On the 5th April 2012 the Tax Year ends and therefore the end of year PAYE Returns must be completed, these can be handled within Quickbooks and the P60s printed and given to staff. These are available free from HMRC from their order line. There is no need to buy them from Intuit or other stationers the HMRC Free ones work fine. The P14s and P35s are no longer printed and must be submitted online through the payroll program. Quickbooks handles this well through the end of year routine. P11Ds must also be completed if appropriate - Quickbooks does not handle this. If you need any assistance with your end of year PAYE Returns or Payroll generally. We can assist. The Mobile Accountant
0 Comments
The new web site is very nearly ready for launch and will include lots of useful information about Quickbooks and details of the training services we offer.
A visit to a large Dental practice in Hertfordshire to advise and train on the best way to set up Quickbooks 2012 and link in with Barclays Bank in order to download bank statement information directly into Quickbooks. Even though the option on Barclays says Clearly Business/Quickbooks 2005 - this is the correct option and does work with Quickbooks 2012.
I'm still not sure whether this facility saves any time, as if the names on the bank statements dont match with the names on Quickbooks then you have to "teach" Quickbooks where the entries go. If you deal with the same customers and suppliers month in, month out - it should save you time once set up for the first time . If your Customers and Suppliers are more transient then probably easier just to enter them manually directly into Quickbooks. Incidentally Barclays Bank is the only UK Bank that works with Quickbooks, despite Quickbooks program and help and web site saying HSBC Bank works with Online Banking within Quickbooks. IT DOES NOT. Neither does Lloyds Bank, Nat West, or RBS or any other UK Bank. Only Barclays works for Online banking with Quickbooks. Come on Intuit... thats a rubbish state of affairs isnt it! |
AuthorI'm a Qualified Accountant A.F.A, that has dealt with many SME's ( Small and Medium sized Enterprises) over the years, in all aspects of Accounting, Business advice etc. Archives
June 2016
Categories
All
|