Bringing QuickBooks versions into sync: QuickBooks US to UK

Brandon, MB, 25th Jan 2022, ZEXPRWIRE, The QuickBooks UK accounting software offers different versions and editions for small and mid-sized companies.

Designed to be user-friendly, the software helps manage accounts easily and efficiently while still allowing users to use accounting techniques that meet a business’s specific needs. It makes managing VAT fast, easy, and affordable. Multi-currency keeps invoices and accounting accurate, no matter where customers are located.

If a business is registered for VAT, QuickBooks is already considered MTD compliant, allowing the submission of VAT returns directly through the software. There are plans for other taxes and digital submission, including self-employed and landlords earning over £10,000 in 2024 and corporation tax.

QuickBooks Online payroll integrates everything into the software and is easy to set up, run the payroll and submit returns to HMRC. It is an additional cost of £4 per month plus £1 per paid employee for their standard plan. Timesheets, payment frequencies and an employee portal could be accessed from the Advanced plan which is £8 per month plus £1 per paid employee.

Time tracking is used for the payroll service and scheduling work. Time tracking charges £6 per month per user plus a £16 per month base fee.

VAT is easy to track, and the reports required from HMRC can be printed and sent directly to them. VAT can be tracked with the amount owed and the date owed.

E-Tech’s conversion service easily converts files from QuickBooks US to the UK version so VAT can be handled. The conversion makes it easy to modify the nationality of QuickBooks, bringing both versions into sync. Usernames are not transferred from the secondary files to the primary file, therefore, users would have to be recreated after the merge. Data files with sales tax items and sales tax groups that were modified after their initial use may not be transferred correctly since QuickBooks does not store historical rate changes. Attachments are not transferred because QuickBooks does not support the transfer of attachments.

To learn more about this service, visit https://quickbooksrepairpro.com/Quickbooks-US-to-UK-for-VAT.aspx

About QuickBooks Repair Pro

QuickBooksRepairpro.com is a leading QuickBooks File Repair and Data Recovery, QuickBooks Conversion, QuickBooks Mac Repair, and QuickBooks SDK programming services provider in North America, serving thousands of business users all over the world.

With over 20 years of experience with Intuit QuickBooks, QuickBooksRepairpro.com assists QuickBooks users and small businesses with a variety of services and work with the US, UK, Canadian, Australian (Reckon Accounts), and New Zealand versions of QuickBooks (PC and Mac platforms).

For more information, visit https://quickbooksrepairpro.com/