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What happened to subcontractor costs?
Maybe I'm imagining this, but I'm sure there used to be an expense type called 'Subcontractor Costs'. I'm trying to find a category for the money we pay to our developers, and there's nothing. So they're in 'Sundries'. It doesn't seem quite right, somehow.
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Wolf,
Unfortunately the non-accounting-related reason for that is that it's an error in our handling of VAT on those.
I can guarantee it will be fixed (and you will be able to select for them to be either standard- or zero-rated) for our next release on Tuesday night.
Sorry about that.
Ed
The company says
this answers the question
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Sorry, Tim. Not your imagination.
We were rejigging the expense types in readiness for our Universal launch and that one fell of the list. So did 'Cost of Goods Sold'.
We've picked them up off the floor (not too dusty) and will glue them back in as we release 'St Emilion' over lunchtime today.
The company says
this answers the question
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Inappropriate?Sorry, Tim. Not your imagination.
We were rejigging the expense types in readiness for our Universal launch and that one fell of the list. So did 'Cost of Goods Sold'.
We've picked them up off the floor (not too dusty) and will glue them back in as we release 'St Emilion' over lunchtime today.
The company says
this answers the question
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Inappropriate?Hi Ed,
Related to that, can you explain why subcontractors' costs are always VAT zero-rated? I have contractors that are VAT-registered, so for now I moved them into 'Sundries', so that their VAT shows up.
There is probably an accounting-related reason, or is there?
Wolf. -
Inappropriate?Wolf,
Unfortunately the non-accounting-related reason for that is that it's an error in our handling of VAT on those.
I can guarantee it will be fixed (and you will be able to select for them to be either standard- or zero-rated) for our next release on Tuesday night.
Sorry about that.
Ed
The company says
this answers the question
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Inappropriate?No problem at all. It happens when using 'Cost of Sales' as well, by the way.
While we're on the VAT issue, I have the need to enter a different (foreign) VAT rate for a purchase from the EU, but can't. Any chance of adding an input box to that VAT drop-down?
Wolf. -
Inappropriate?There is a little extra issue in relation to the Subcontractors Costs. The VAT now shows up in the VAT return screens, but in the Bank Account transaction list these entries don't have that (inc £x.xx VAT) line at the end.
Not a biggie, obviously.
Wolf.
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