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What’s New in QBO Ireland- Series 3 2022
We know it is important to stay in the know about what’s new in QuickBooks Online. That’s why we are here to share the latest and greatest developments personalised for our Irish Customers.
Run a Return of Trading Details (RTD) report
Return Trading Details (RTD) report in is now live for our QuickBooks Online customers that are using Mixed Mode accounting
All Irish businesses registered for VAT must file a Return of Trading Details (RTD) on an annual basis, following the end of their respective accounting period.
The RTD is a summary of supplies of goods and services, imports and purchases giving rise to deductible input VAT at the various VAT rates. The return includes all Irish, intra-EU, and overseas trades carried out by Irish businesses.
We are here to get you set up with RTD Reporting and teach you more about Mixed Mode Accounting in Quickbooks Online.
Quick-Tip: You must file the annual return within 23 days of your accounting end of year. The RTD is a statistics return which means you don’t have to pay any VAT liability. It is meant to assist Revenue in verifying the accuracy of your VAT returns
Pay your QuickBooks Online Subscription with PayPal
You can now pay your QuickBooks Online subscription via PayPal. To change your current method of payment:
- login to your QuickBooks Online account
- Select the gear icon
- Select “Manage Subscription”
Quick-Tip: Our in-product QuickBooks Digital Assistant can walk you through the process of updating your billing. Simply open the Digital Assistant, type "billing", and follow the instructions. Get started now.
What’s New in QuickBooks Online Accountant (For the Accountant QBO Product only)
Review your clients' books in QuickBooks Online Accountant
Introducing the books review tool to finish specific tasks in each client's QuickBooks Online account every month.
The Books review tool focuses on common yet tricky bookkeeping areas: incomplete transactions, reconciliations, and account balances. It lists key tasks so you can quickly tie up any loose ends and prioritise work, and customise your own tasks for review. You can even collaborate on transactions with your client directly in QuickBooks, send and receive messages, and upload documents. Learn what to review every month for each of your clients in QuickBooks Online Accountant
What’s New in Community
Introducing Quick-Look FAQ based on your most asked questions for topics such as Multicurrency, and Stock Management. You will find answers to your top-of-mind questions, all linking out to the relevant self-help articles for further information.
Featured Article
Format CSV files in Excel to get bank transactions into QuickBooks
Need help formatting your CSV files to upload your bank transactions to QuickBooks Online? If you are uploading bank transactions manually instead of connecting your bank and credit card accounts directly, you will need to make sure the data is in the correct format before you upload. We are here to help you check the format of bank transactions in a CSV file you plan to upload into QuickBooks.
We always want to ensure we are providing the most useful content for our customer’s needs. Please leave a comment below (just click the green “Reply” button) and let us know what you would like to see more of.