yes but not just adjustments to original entries. Late claims picks up items that should have been in previous Q but weren't and that's fine and useful. My point was that it is not useful if it picks up items correctly filed, no adjustment to vat but any edit to the invoice like adding a PO for example which came in late puts it into late claims. The Xero advice was wrong that a manual adjustment needs to be made - and you are right when you say it reverses the entry to cancel itself which I saw when I looked back again at the whole review report.
in Xero at least you cannot publish if you file through MTD - you can only publish if you do not file MTD
not it isn't in fact it is the opposite - late claims is to pick up items that should have been included in the previous Q but weren't. And to go back to my original point - I would not therefore expect non vat changes to put items into late claims but Xero does! That was my point and suggest if you are talking about basic stuff that at least you get your facts right.
You are right Charlie and in fact when I queried with Xero why non-vat edits would still create a late entry, they advised to make a manual adjustment. i have posted on another thread but in fact yes it does correct itself so the Xero advice was wrong. I can understand if there was a change to the figures or codes but not to eg adding a PO or reference to a filed invoice.
I have not yet submitted the return as the quarter is not closed. Having looked at the review of the data it seems that in fact Xero's advice was wrong. The items edited and in late claims are cancelled out so no adjustment was needed. But unless there is a change to vat info, simply editing another part of an invoice should not include them in late claims which was my point. Late claims does serve a purpose but should only be reference to a change in vat information.
Your arrogance and rudeness in your reply and choice of words 'slap the send button' 'presumably never checked' is both derogatory and wrong.
For the record, no we do not just slap the send button. Yes we always check the detail, which is why we know it happens. But it shouldn't unless there is a change to the actual vat detail which alters the numbers.
The point being made was that simple software like Xero has the potential to let duplicate items slip into a return when no change has been made that actually affects the vat! Before MTD it was possible to deselect late claims but now it isn't.
Simply by editing an invoice (ie not changing date, value etc) it should not fall back into late claims. But it does. And does not cancel out. So a manual adjustment is required.
But the point I was making is that there should be a flag system that recognises items previously submitted through a return so that any duplicates cannot slip through and I think this late claims section will catch some users out.
just found out from Xero that if you amend an invoice in any way (that might be a description change for example) yet no change to the figures, it then falls into the late entries section. So if you had included it in a previous vat Q it then reappears in the next Q . I suspect many agents filing in MTD will not be looking for this but potentially means that clients are paying far more in box 1 than they should.
In the pre-MTD version you could select whether to include late entries. There needs to be a way to deselect items in late filing where they have already been filed. Be keen to hear whether others are aware of this. Could be catastrophic if not picked up.
Yes - all in the t+c and eu law was revised in 2018 to clear up some issues on data held in the cloud. Data belonged to the 'creator' and how that data is used in the licence agreement (subscription) is specific to the tnc set up by the platform provider who has obligations for security, limitations on use, transfer etc.
Xero terms are absolute about the legal owner.
2. Ownership of Data:
Title to, and all Intellectual Property Rights in, the Data remain Your property.
as Paul says, it is therefore stated without question that you remain the legal owner.
Historical cases in the USA are irrelevant to the OP question about who owns the data.
in the original question the answer would simply the accountants as both subscribers and originators of the 'accounts' created on Xero for their client remain the legal owners, and would, you'd presume, pass back the data and access to the client once payment has cleared in settlement of their fees. They have fulfilled their obligation and it would be normal for the client to meet their obligation to pay for it before the data is released.
an odd post - how can you know about receiptbank and not know about the other digital platforms which are so well publicised and work alongside receiptbank anyway. I am curious as to why your accountants 'don't know of any' particularly when MTD is now the norm.