I've just had a mail from a client wondering why my invoices were dark grey text on a red background. He's using Sumatra PDF (http://blog.kowalczyk.info/software/s...) and my invoices look like this to him (http://www.simonwheatley.co.uk/wp-con...). Not sure whether this is your PDF generation, or Sumatra mis-interpreting. Could you take a look, please?
Could the self assessment section have a report that links closely with the actual self assessment form we have to send to inland revenue. FOr the none accounting types like myself this would be very popular.
Or is it possible to get the free agent system accepted by the inland revenue and be able to file direclty from the site.
hi, i'm having trouble uploading qif files for my bank statements. It used to work fine, but has stopped working today. All it says is 'It wasn't possible to process that file. Are you sure you selected the right format?'
I don't think that the Set Up Payroll option in Freeagent is calculating my NICs correctly...
With a tax code of 603L and gross salary of £6000 it is correctly showing no income tax due under PAYE (salary is under the new Personal Allowance figure of £6035). However it is also showing no NICs due which I think is incorrect - there should be a small amount of employee's and employer's NI due as it is still above the NI Earnings Threshold (~£5460).
Any ideas? Maybe the Personal Allowance figure is being used in the calculation instead of the NI Earnings Threshold. Or have I got something set up wrong?
We use Skype who are based in Luxemburg and their VAT rate is 15%, I can set this out under the 'Edit Explanation' within Banking when I upload the statement and manually change the VAT amount.
BUT how to I then get these transactions to appear in the relevant EC boxes on the VAT return?
Can free agent automatically calculate intrest and compensation for late payment of invoices and add this to an invoice. Also are there any standard /template letters for notifying clients of action.
Can free agent automatically calculate intrest and compensation for late payment of invoices and add this to an invoice. Also are there any standard /template letters for notifying clients of action.
Hey,
The attachment feature for bank account transactions is great for scanned images of receipts etc, but quite often I receive receipts by email (in plain text, not attached to an email). Obviously I could print these to a PDF and then upload, but that seems unnecessarily complicated. If you could support the EML file type for attachments, then we could just drag the messages straight out of the mail client (obviously depends on the client) and upload that.
Some of you might already know this, but I'm trying to put together the accounts for the year, having used FreeAgent Central now for a complete accounting year. (Very pleased I am with it too - great job guys!).
The problem I have is that the opening balance sheet looks absolutely nothing like the closing balance sheet that my previous accountant provided which is causing me a huge headache now I'm attempting to prepare the books ready for the annual accounts.
The issues I have are:
1. Fixed Assets / Tangible Assets: There appears to be no way to enter a starting Fixed Asset figure. This means that the Capital Assets/NetBookValue, on my FreeAgent accounts are shown as £0. How can I correct this figure?
2. Current Assets: Should this really be showing a VAT repayment due? My last accountant's figures didn't.
3. Net Current Assets: How does Free Agent calculate this figure? It looks random to me - I have no idea how this is calculated? It's a long, long way off from my actual balance sheet.
4. How do I enter a called-up share capital?
5. Is it just possible to actually manually override these figures for the balance sheet?
6. If not (q: 5) is it possible to post some sort of adjustment to >force< FreeAgent Central to accept my previous year end accounts figures? What should I do in order to get the balance sheet prepared with the correct figures and how can I update FreeAgent to keep things in balance?
The figure I have for the Trade Debtors and Creditors and Losses Brought Forward and Asset Pool Value (and PAYE & NI and Corporation Tax) appear to be filtering through perfectly, it seems the only "knob" that I have to twiddle is the Profit and Loss Account figure which I would prefer to leave as per the carry forward figure from the previous year's accounts.
Would appreciate a quick response as the filing deadline looms ever closer!
I began my company in November but I extended my first accounting year to 18 months so it would now be March to March. However, freeagent, tax timeline still shows I have to have annual return done by November. How do I adjust this?
I'd find it much easier when entering a lot of data from old bank statements in previous months/years if the a new entry defaulted to using the last date I'd entered data for.
This should probably be only active for the length of the current browser session to avoid confusion but would allow entering a bunch of details much more easily as the date can quickly be changed using the calendar control which would be at least on the right month/year.
An additional nicety would be to be able to use keyboard controls to increment/decrement the date shown.
In one of my bank accounts there is a transaction that represents the security/key deposit I paid to my landlord for office space. Currently it is listed as a payment for "Office Costs". But is there a better way to deal with deposits? I'm expecting to get it back, so it's money owed by a debtor.
The new bills interface is very handy, and without wanting to introduce too much scope creep I was wondering whether it could be adapted to provide a means for representing money owed which does not relate to invoices - sort of a negative bill.
I have an item showing on my Home Page under 'Project with unbilled time' yet this invoice has been paid! When I created the invoice to send out I entered the details and manually and did not add 'unbilled time' to the invoice, is there a way of removing this 'unbilled' item from the Home Page without having to create another invoice for the same job (as this will confuse my accountant!) Any help would be greatly appreciated as I'm still new to this system. Thanks.
Contacts tab:
Archive old project names. Separate out completed/invoiced/paid for projects somehow. I'd imagine most users are only concerned with active projects on a day-to-day basis.
Projects Tab:
Either list these alphabetically of group via client
Archive old project names. Separate out completed/invoiced/paid for projects somehow. I'd imagine most users are only concerned with active projects on a day-to-day basis. This would seriously de-clutter this list. I've only been using this for one month and our company is only one month old - what this list will look like after 12 months and we are creating projects quicker.
Time Tab:
Remove old project names. Why does it list all completed, invoiced and paid for projects still in the drop down menu when you are adding a time slip. We have only been using FA for a month and 3/4's of the projects listed are now finished - never to be touched again.
Invoices:
The ability to group multiple projects into one invoice (Ed - you have already told me how I can achieve this), to save you sending out multiple invoices. This can be done but it currently lists only the last project you add to the invoice as having a net £ total against it. All the other projects have £0 invoiced listed.
Eg: Project 1 = £10, Project 2 = £5 and Project 3 = £20 but under Projects>Completed projects they are listed as Project 1 = £0, Project 2 = £0 and Project 3 = £35. So at a glance you can't see the values of each project you have to open the communal invoice.
I've got one payment into my account (various cheques) for various invoices where the amount paid in is greater than the sum of the invoices. Nice problem to have, but how can I explain this transaction?
I've just noticed that FreeAgent has "ticked over" into a new accounting year. So far everything looks good, although on the P&L for the new year (2008-2009) there appears to be a credit for an amount that I don't recognise on a future date "15th November 2008". This item is listed under category "001 Sales". Since the new company tax year has literally just changed over and this is the first time I've logged in I wouldn't have expected there to be a sale / money in posted for 15th November?
I'm really not sure why this might be the case.
Please could you consider a change request to the "Show Transactions" facility such that I can select the item and be linked to the invoice / bank explanation that caused this entry in the P&L?
If you use this company's products or services, we'll add the company to your dashboard. If you work for this company, we'll add you as an employee. Got it, thanks!
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Olly (Official Rep)
last replied
on October 10, 2008 22:07
Ed Molyneux (Official Rep)
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on October 09, 2008 13:04
Daniel Eggleston
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on October 08, 2008 22:53
Mike Wilson
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on October 08, 2008 13:31
chocistar
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on October 08, 2008 12:33
James Barlow
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on October 08, 2008 19:50
Roan (Official Rep)
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on October 03, 2008 17:48
Gav32
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on October 04, 2008 07:22
