Member Since: 31st Jul 2008
8th Apr 2021
If you are running multiple companies on Bokio then you need to sign out, then create separate logins for each company in order to process the VAT returns.
If you are signed in as Company A, then Bokio recognises this fact and therefore does not allow you to use the associated HMRC Gateway credentials to file for Company B.
So the simplest way is to create a separate log in for Company B and associate the HMRC Gateway details with that login.
You will now be able to file MTD VAT for Company B.
21st Jan 2021
I use Bokio. I just paste the relevant journals in for each quarter from Excel and then submit to HMRC. Bokio is free.
26th Nov 2020
Xero - why do something in 2 clicks when you can do it in 12 with Xero?
Endless navigation to do something simple.
I'm a Bokio Evangelist. It's free for life, integrated Bank Feeds. The only thing you can't do is change the chart of accounts - but which is pretty comprehensive anyway.
Moved all my clients to Bokio and never looked back since.
I even use it just for clients who only want MTD filings done. I ditched the Avalara MTD Add-In which was fiddly and do it all now via Bokio.
Definitely worth a look, especially for clients who do not have complicated businesses.
5th Nov 2020
Dropbox is a back-up solution. You simply either rewind the folder(s) in question or do a complete restore with their Support team (as I had to do 2 years ago).
The only issue with a full restore is that the date the files were last saved becomes the date of the restore - hence I have a date of 18/02/2018 for loads and load of files which I have never opened for years.
31st Jul 2020
As I always say to Xero fanatics, why do something in 2 mouse-clicks when you can do it in 12 on Xero?
2nd Jul 2020
Disclosure - I am connected to FD4Cast
FD4Cast is a financial forecasting template built in Excel easily customisable to suit any business. Simply enter your income, cost and timing assumptions and a P&L, BS and Cash Flow drop out.
Both a Monthly and a Weekly template are available. Hotlinks (as a CSV import from your accounting system) are available in order to bring in your TB.
No subscription - simply a lifetime purchase. Build as many models as you like for as many clients as you like. I am willing to customise models for clients if required.
Currently 50% discount for AWEB readers during COVID-19 lockdown.
1st Apr 2020
Everything in moderation....including moderation.
13th Mar 2020
Just tell them that HMRC will be suspicious if they have not made full use of a tax incentive they are entitled to.
24th Jan 2020
"...clients who are now being caught..."
You make it sound like these people have actually done something wrong.
They are not criminals or tax-dodgers, they simply arranged their affairs - often at the behest of the engaging party - because of the flexibility afforded to both parties with that type of arrangement.
I don't think many people who will now deemed to be inside actually have a problem with paying additional tax, but why can't they have the sick pay and pension rights that go with it (let's leave the job security bit out of this discussion for now)?
You are either employed or not employed, so please refrain from inferring that contractors are tax-dodgers, as in the majority of cases invoicing via a personal services company was the simplest arrangement for the engager.
20th Sep 2019
I've created many Excel project-based forecasts for clients (especially for the construction industry) in the past using FD4Cast (full disclosure - I am director of FD4Cast).
Solution is dynamic (as many projects as you wish) with seamless updating using VBA code when users need to tweak assumptions and want to quickly view the effect on overall P&L and cash flow. Fully consolidated P&L, BS and Cashflow showing Projects at a line-by-line level.
Feel free to browse FD4Cast website for further info, but for viewing/discussion of a project-based solution you would need to get in touch as these are custom builds.