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Ebay, PayPal and MTD

Clients are beginning to wonder how the ......

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A simple business might find the transition to Xero, for example, as not too painful. Even after using spreadsheets for years without a problem, it might go fairly well. But when you have specialist software that happens to produce sales invoices as a by product of the field service application, maybe 200 a week, when you sell and buy on Ebay, when you get PayPal receipts, the question arises as to how this will be integrated into Xero, given no manual typing allowed. There appears to be no answer to this. Is there an answer?   

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22nd May 2019 14:24

id worry about it if happens and stay on your spreadsheets + bridging.

no way HMRC can mandate use of cloud software without a huge fuss.

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By johnt27
22nd May 2019 15:00

Have you checked the Xero Marketplace?

There are a number of apps that link Ebay with Xero. PayPal integration has been a feature for many years and appears as a bank feed.

Depending on the setup minimal data entry is required.

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22nd May 2019 15:30

Can the notice 4.2.1 "Once data has been entered into software used to keep and maintain digital records, any further transfer, recapture or modification of that data must be done using digital links. ' be interpreted that entering information captured by online sales platform as the digital records required ? As it would be the first point of entering data into software?

Or i just read too much into something ?

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to Smalltalk
23rd May 2019 11:13

So data cannot be amended by journal or transaction amendment?
Was there an accountant in the country when this was written?

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23rd May 2019 11:15

Jo Nokes wrote:

no manual typing allowed   

LOL - must be a joke

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to Gone Sailing
23rd May 2019 12:57

It's deadly serious, their name is No Jokes.

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to Paul Hawes
23rd May 2019 14:26

OK, I'll ramp up the voice recognition, then move onto mind transfer.

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23rd May 2019 16:27

Jo Nokes wrote:

when you have specialist software that happens to produce sales invoices as a by product of the field service application, maybe 200 a week .... Is there an answer?   

Separate business systems are common, for example I have a client using Solna, so this definitely needs an upload / integration facility.

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