ASK THE ACCOUNTANT #71
55:08
9 ай бұрын
Пікірлер
@abrishalay5577
@abrishalay5577 Күн бұрын
I think this was a good review if speed is the only thing the business cares about but I think a feature(s) comparison and best use cases would've been more comprehensive. For example, the interface differences themselves, the way xero leans more toward multinational organizations that are dealing with different currencies, etc.
@matriikainvitations-h7z
@matriikainvitations-h7z 3 күн бұрын
What if I haven’t register myself for the self assessment will HRMC notify me by a letter that I have to do it?
@BoffixAccountancy
@BoffixAccountancy 3 күн бұрын
It is your responsibility to register when needed, but you may get contacted if they suspect or are alerted by the selling platforms. You shouldn't wait to be contacted, if you believe you may need to register then we recommend contacting an accountant or HMRC themselves to confirm.
@nsheikhey5068
@nsheikhey5068 6 күн бұрын
Is there any way you can set a pre fixed rate like I normally do like £20 and £10 transactions instead of typing it every time is there a way to get fixed on the screen when taking payments I have seen it on another store before Hope anyone can help thanks
@BoffixAccountancy
@BoffixAccountancy Күн бұрын
No, unfortunately not, you have to type manually which is one of the downsides to this device!
@SweetGir12
@SweetGir12 7 күн бұрын
I have a question for this. I would like to have it for my small business, but a lot of my payments go with cash and i would need to print the receipt. I would use an outside app on my tablet or phone, to choose which article and then print it out. Is that possible? So far, you've shown it doesn't pair up well for printing it? As well as another question, the provision with each purchase, goes to sumup or to your bank? Because then you also have the bill provision on every transaction in the bank, so, are thse two provisions the same or each of their own, because then the sumup use would feel like a subscription.
@BoffixAccountancy
@BoffixAccountancy 6 күн бұрын
You would just need to find a compatible app then it should be. And you can use either Sumup or your bank, you can choose!
@KathyNeira-r6y
@KathyNeira-r6y 9 күн бұрын
Great analysis, thank you! A bit off-topic, but I wanted to ask: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). What's the best way to send them to Binance?
@mitotv6376
@mitotv6376 10 күн бұрын
Nice
@rsmith2250
@rsmith2250 12 күн бұрын
Ive just brought the sumup solo with the printer and ive managed to connect the printer to print automatically when sending through an order from my phone. Profile -> accessories (printer settings) -> select use printer -> search and add your solo printer by Bluetooth -> turn on print receipts automatically
@NotPosh-zx7lv
@NotPosh-zx7lv 13 күн бұрын
Can you used the sum up lite for online takeaway sites? Or you need the more expensive one? Thanks
@BoffixAccountancy
@BoffixAccountancy 6 күн бұрын
It depends on your exact needs!
@engagerapp
@engagerapp 18 күн бұрын
Great video and a beautiful design! Thanks for sharing Team Boffix. 🙌
@kirsty6858
@kirsty6858 21 күн бұрын
Very helpful. I wish I had a Lizzie!
@Johnck90
@Johnck90 21 күн бұрын
Was quite surprised by some of the bits in this video…not sure if this was just a collaboration video or a genuine video do your use of the system, but it doesn’t seem like you’ve used it enough to be able to give proper feedback. Some of the things you mentioned weren’t correct: 1) you can insert line breaks in documents 2) the difference in headings colour is because the Operational Hours and Terminating Your Subscription were subheadings under a main header. You can easily change that. 3) you can embed videos.
@BoffixAccountancy
@BoffixAccountancy 21 күн бұрын
Just a first thought: Genuine use video! Aaron hadn't used it before, Lizzie used it for the first time as shown in the video having a play around, then Aaron reviewed the document and asked if certain things were possible, which Lizzie went back and implemented, such as the line breaks and explaining why the heading colours where different etc. According to engager.app the ability to embed videos doesn't really work, but I'm open to learning how you managed it! :D
@sonicboom2000
@sonicboom2000 Ай бұрын
Can SumUp solo be set up to click a picture or item, so check out is quicker? I don’t have time to type in an amount. Want to streamline for small biz. One person operation. Thank you!
@BoffixAccountancy
@BoffixAccountancy 24 күн бұрын
No sadly, that's the problem we encountered.
@Daryanavard11
@Daryanavard11 Ай бұрын
Did you mean we can only claim VAT on INCOMPLETE services that started within the last 6 months pre VAT registration and we are not allowed to claim for those services COMPLETED within the last 6 months pre VAT registration?
@BoffixAccountancy
@BoffixAccountancy 24 күн бұрын
Yes, that is correct, it's for services going forward!
@Daryanavard11
@Daryanavard11 Ай бұрын
Thanks. You were a bit fast at the end though. I can change the speed if I watch your video on my phone but im not able to do that while I’m watching on TV😩😂. So it would be best if you were a bit slower. Thanks again 🙏🙏🙏🙏
@Kallzeh
@Kallzeh Ай бұрын
Thanks for this video, there's not much available for online resellers. Do you think the margin scheme is a better option for those who can't claim any VAT back on stock purchases?
@BoffixAccountancy
@BoffixAccountancy Ай бұрын
A margin of flat rate scheme can be useful, but it depends on your circumstance, so we recommend discussing your options with an accountant. You can book a free service enquiry with one of our team here: bit.ly/3ycvJC8
@Jayden-b5m
@Jayden-b5m Ай бұрын
i got a sum up for a crafting business and it was one of the best things i have ever invested in
@elainefisher747
@elainefisher747 Ай бұрын
What can private schools, who are going to have to charge VAT on fees, can they claim back pre VAT? Another area labour obviously didn’t think about.
@BoffixAccountancy
@BoffixAccountancy Ай бұрын
Yes, they will be able to make claims back.
@joe9125
@joe9125 Ай бұрын
Is directors acc on paper or it’s actual acc ?
@BoffixAccountancy
@BoffixAccountancy Ай бұрын
On paper!
@joe9125
@joe9125 Ай бұрын
@@BoffixAccountancy grt
@safeasrecords
@safeasrecords Ай бұрын
Great advice. Thanks! (fellow TCGS full Nelser 🙌)
@Ash-gc1zq
@Ash-gc1zq Ай бұрын
Useless. Selling different products
@KateLaws-e9j
@KateLaws-e9j Ай бұрын
😊
@KateLaws-e9j
@KateLaws-e9j Ай бұрын
Thankyou very much for your time that you made this video Thankyou
@ianmarsden8568
@ianmarsden8568 2 ай бұрын
So the eBay 'year' and the HMRC 'year' do not coincide?
@BoffixAccountancy
@BoffixAccountancy Ай бұрын
For the reporting, but HMRC will always be the tax year which ultimately matters.
@houseofcheung
@houseofcheung 2 ай бұрын
Thanks for the video. If i am VAT registered and selling to say Germany. Do I add UK VAT of 20% on my EBay listings?
@BoffixAccountancy
@BoffixAccountancy 2 ай бұрын
eBay will be showing VAT on your behalf so show your product, net of VAT. Check out this video we did, it may be helpful: kzbin.info/www/bejne/iZ7NeXaOgpakqposi=RqOw2KN7NWs5LYws
@houseofcheung
@houseofcheung 2 ай бұрын
@@BoffixAccountancy thank you! you guys are great!
@Yusuf-j3j2s
@Yusuf-j3j2s 2 ай бұрын
Great video
@Sabininho
@Sabininho 2 ай бұрын
🚑 I might need to pay 10k in Jan
@oraidysduffus4835
@oraidysduffus4835 2 ай бұрын
I discover that I can do it now on QuickBooks; however, I started in September and is not allowing me to go back to January. My QuickBooks does not have that feature
@oraidysduffus4835
@oraidysduffus4835 2 ай бұрын
I want to know how I can reset the starting date on the vat filing
@BoffixAccountancy
@BoffixAccountancy 2 ай бұрын
No problem, check out The QuickBooks Chap channel for VAT videos: www.youtube.com/@TheQuickBooksChap
@MrJamsieboi
@MrJamsieboi 2 ай бұрын
Great video. Im in an unusual situation as full time employed with company car and fuel benefit. The company doesn't allow use of vehicle for self employment. I use another vehicle, would i still be eligible to claim mileage rates or would HMRC question the fuel benefit?
@BoffixAccountancy
@BoffixAccountancy 2 ай бұрын
That is fine, as long as you can justify business use!
@eugenechan7002
@eugenechan7002 2 ай бұрын
Love it, so many gaming channels covering the gaming functionality and I struggled to find a video that talks about productivity. This video summarizes all the devices I’m considering. Brava!
@BoffixAccountancy
@BoffixAccountancy 2 ай бұрын
We're glad we could help :)
@frankwood11
@frankwood11 2 ай бұрын
if you have 2 limited companies can you take a directors loan from both companies. thereby borrowing £20000
@BoffixAccountancy
@BoffixAccountancy 2 ай бұрын
Yes you can, subject to the same rules as in the video :)
@ogorekkiszony7687
@ogorekkiszony7687 2 ай бұрын
so if I sold some personal items on vinted over a year and it's made me 3k+ your telling me these cunts want tax from my items???
@perfektrepairs7934
@perfektrepairs7934 2 ай бұрын
I’m a roofer by trade would this be good for customers to pay me ? Some payments are from £80-£5000
@BoffixAccountancy
@BoffixAccountancy 2 ай бұрын
Yes, it would be fine for that use!
@decayintheuk8048
@decayintheuk8048 2 ай бұрын
You can use a Android tablet and print doesn’t work on Apple devices
@starfeech
@starfeech 3 ай бұрын
I like the easy explanation, I could easily understand how to use sum up
@HenrikVillaumeMeyer
@HenrikVillaumeMeyer 3 ай бұрын
Any updates if the printer works when the device is connected to the iPad?
@BoffixAccountancy
@BoffixAccountancy 3 ай бұрын
No, unfortunately, I believe it's still one or the other.
@alih8463
@alih8463 3 ай бұрын
Hi, I want to start eBay reselling & freelancing, what would I put on the section where they want to know about the job e.g. plumber etc what would I have to put in there? Shall I just put online reseller/seller or put both online reseller/seller & freelancing? I really need to register as I've made over £1000 in sales on eBay & I've stopped selling more because I don't have a clue how & what to do on there. I could've made so many more sales on eBay. I Would appreciate it if you could answer my question or give me any advice, thanks
@BoffixAccountancy
@BoffixAccountancy 3 ай бұрын
Yes, you can put either option, it doesn't matter too much! If you need any support please book a free service enquiry with us: bit.ly/3ycvJC8
@alih8463
@alih8463 3 ай бұрын
@@BoffixAccountancy Thank you so much for replying & answering my question, much appreciated
@tinaodam6256
@tinaodam6256 3 ай бұрын
Thank you. Brilliant Video. Returning to work in the UK after many years. this is just what I needed.
@michaelakurinova6775
@michaelakurinova6775 3 ай бұрын
Thank you for your useful video. Regarding the kitchen orders, by buy a tablet for the kitchen and connect it with the software, would the kitchen orders be able to have a timer? To help the cook to manage their time with the orders. So orders don’t get to the costumer’s table late.
@BoffixAccountancy
@BoffixAccountancy 3 ай бұрын
No, there isn't a timer but that is a great idea, maybe something to put forward to SumUp to consider implement in the future!
@GarageLuxLtd
@GarageLuxLtd 3 ай бұрын
Thanks for this. Going to order this now for our tide account.
@JonathanHiller
@JonathanHiller 3 ай бұрын
Has anyone found a barcode label printer that actually works with Zettle POS? We have tried Dymo wireless, several other wireless printers, too, and none of them work with Zettle. We have one of the small Star mini printers that Paypal sells, the wireless bluetooth receipt printer, but it uses paper rolls so small that we can't find barcode label rolls that fit it. Does anyone have an answer for this? I manage a music instrument store and it would be REALLY handy to be able to label items that don't come with a barcode, which there are still a LOT of in the music industry....
@BoffixAccountancy
@BoffixAccountancy 3 ай бұрын
We have used the Star Mini by PayPal also, not sure if the Munybyn Printer is compatible but it could be a great option!
@JonathanHiller
@JonathanHiller 3 ай бұрын
@@BoffixAccountancy I found a Zebra printer on Amazon today that SAYS it's AirPrint compatible and the description makes it seem like it auto configures to fit whatever labels you have in it. It's a new series of printer from Zebra that only has one downside that I can see, you HAVE to use Zebra labels because this printer uses labels in a cartridge. I ordered one and we'll see if it works, it was only $88 US for the printer, which if it works, is plenty reasonable. It's the Zebra ZSB series 2.0 for small labels. Really hoping this one is our answer for being able to print barcodes.
@johnhay1377
@johnhay1377 3 ай бұрын
I’m looking for something that is a app in the phone who I can send invoice to a customer I used waveapp but the don’t support uk now 😢
@mkrumins6329
@mkrumins6329 4 ай бұрын
Hi mate , as solotrader can I use my rental address for traiding reselling? Or I need landlords promision? Thanks
@BoffixAccountancy
@BoffixAccountancy 4 ай бұрын
HMRC won't mind, but we recommend you ask your landlord for permission anyway!
@VeronicaDiaz-ft5nq
@VeronicaDiaz-ft5nq 4 ай бұрын
Thanks for your video, could you tell us if you only charge VAT over purchases made in UK only? What if I have a business that sells a digital service to other countries? does it still apply?
@BoffixAccountancy
@BoffixAccountancy 4 ай бұрын
Rules need to be followed regarding VAT so we recommend speaking to an Accountant to clarify your circumstances, feel free to reach out for a free service enquiry with one of our team: bit.ly/3ycvJC8
@gja1605
@gja1605 4 ай бұрын
SEVEN MINUTES IN AND STILL NO EXPLANATION OF DIRECTORS LOAN ACCOUNTS . . . forget it.
@itsa1v1n
@itsa1v1n 4 ай бұрын
Tbh the printer is not needed you can just select receipt by email or sms
@aspectoflife
@aspectoflife 4 ай бұрын
well done
@drhmufti
@drhmufti 4 ай бұрын
While the spoken content is really helpful, the screen behind you is really distracting and giving me a headache!
@BoffixAccountancy
@BoffixAccountancy 4 ай бұрын
This has been updated for new videos. Thanks for the feedback!
@alexanderstromberg6661
@alexanderstromberg6661 4 ай бұрын
Hey! I've got a question about the barcode scanning. If i scan a barcode, can i simply link the product i scanned to a product that's already in the inventory? Without creating a new one. Cheers
@BoffixAccountancy
@BoffixAccountancy 4 ай бұрын
We believe that should be achievable but I recommend contacting Zettle directly to confirm.
@annac9766
@annac9766 4 ай бұрын
I would like to start selling on one of the main platforms and I am not sure what option between sole trader and Ltd is suitable considering that I own properties. Thanks.
@BoffixAccountancy
@BoffixAccountancy 4 ай бұрын
For something specific like this we recommend booking in with a member of our Accounts team to discuss: bit.ly/3ycvJC8