To spec a system for an agricultural services and supplies business, WAL, who have five workers, 4 in the workshop and the owner who does everything, including the retail shop. There is a bookkeeper operating an old sage system, he would be replaced. At present system sellers are quoting 20,000 to 30,000 gbp with on…

Transferring from Sage Business Cloud (a fully cloud-based solution) to any of the cheaper systems listed in the table (like Xero, QuickBooks Online, Zoho Books, etc.) can be done, but it requires careful planning to ensure data integrity and smooth transition between platforms. The main challenge in transferring data is the difference in features, workflow,…

Updated table with better-than-basic systems for POS and workshop management integrations, excluding any that require middleware like Zapier. For the purposes of this table, we have more robust integrations with POS and workshop management systems that are known to integrate natively with the main accounting systems. Integration Costs: System 5 Users Cost (Monthly) POS Cost…

Accounting and Bookkeeping:• Sage Business Cloud• QuickBooks• Xero• Integration with bank feeds and payroll software (e.g., Gusto, Xero Payroll, QuickBooks Payroll). Inventory Management:• TradeGecko• Zoho Inventory Point of Sale (POS):• Lightspeed• Vend• Square POS Customer Relationship Management (CRM):• HubSpot• Salesforce Supply Chain Management:• SAP Business One• Odoo• TradeGecko (also listed under Inventory Management, but mentioned…

Here’s an updated table with better-than-basic systems for POS and workshop management integrations, excluding any that require middleware like Zapier. For the purposes of this table, I’ve selected more robust integrations with POS and workshop management systems that are known to integrate natively with the main accounting systems. Integration Costs: Updated Table: System 5 Users…

Sage Business Cloud• Sage Business Cloud can integrate with a range of third-party applications for various business functions. It has built-in integrations for:• Bank feeds (automatically sync transactions)• Payroll (e.g., Xero Payroll, QuickBooks Payroll)• Inventory management (e.g., TradeGecko, Zoho Inventory)• POS systems (e.g., Lightspeed, Vend, Square POS)• CRM (e.g., HubSpot, Salesforce)• E-commerce platforms (e.g., Shopify,…

System 5 Users Cost (Monthly) POS Cost (Monthly) Total Monthly Cost Annual Cost Sage Business Cloud £125 £69 £194 £2,328 QuickBooks Online £125 £0 £125 £1,500 Xero £50 £0 £50 £600 Zoho Books £40 £19 £59 £708 FreshBooks £62.50 £0 £62.50 £750 KashFlow £41.65 £0 £41.65 £499.80 Microsoft Dynamics 365 £600 £69 £669 £8,028 This…

— Upon reviewing the updated markdown, I can confirm that no previously included items have been excluded. All the originally mentioned accounting systems, workshop management systems, and POS integrations are still included, with the necessary corrections made for Jobber, Workshop Software, and the integrations. Here’s a quick overview of what’s still covered: Accounting Systems: Workshop…

Sage Business Cloud• Workshop Management Features:• Inventory Management: Sage Business Cloud has robust inventory management, which can be useful for tracking parts and supplies in the workshop.• Job Costing and Project Tracking: You can manage the costs of materials and time spent on specific projects, though there isn’t a built-in work order management or task…

(Excluding Xero, QuickBooks, and Sage Business Cloud): FreeAgent• A cloud-based accounting software designed for small businesses, freelancers, and contractors.• Features include invoicing, time tracking, expense tracking, and tax compliance, with specific support for UK VAT and self-assessment tax returns. Zoho Books• A comprehensive accounting software for managing finances and automating business workflows.• Features include invoicing,…

This is long and complicated and is lookup or check list for use with other lists about this subject. Sage Business Cloud• Integrations:• Bank feeds (automatic transaction syncing)• Payroll Software:• Xero Payroll• QuickBooks Payroll• Inventory Management:• TradeGecko• Zoho Inventory• POS Systems:• Lightspeed• Vend• Square POS• CRM:• HubSpot• Salesforce• Supply Chain Management:• SAP Business One• Odoo•…

If the retiring directors gift their shares to the remaining shareholder, the transaction is typically considered a Potentially Exempt Transfer (PET) for Inheritance Tax (IHT) purposes rather than an immediate chargeable event for Capital Gains Tax (CGT). However, Capital Gains Tax (CGT) is more relevant here, as gifting shares is considered a disposal at market…

This page is about what it is, further pages linked here add to the idea Pricing An idea of costs . Analysis of 30k quote Setup Termination For an agricultural supplies, servicing, and equipment business with moderate annual sales of around £500,000, Microsoft Dynamics 365 Business Central would likely be the most suitable application. It…

does allow for order processing as part of its work order management features, which is one of the core functionalities of the platform. While it is primarily a workshop and service management system designed for scheduling, tracking, and managing jobs, it does have the capability to handle certain aspects of order processing. Here’s how Jobber…

ServiceM8 also provides order processing capabilities, though it is primarily designed for service-based businesses rather than product-based or e-commerce businesses. Like Jobber, it focuses on managing jobs, work orders, and tasks but includes several features to facilitate order management within a service context. ServiceM8 Order Processing Features: Limitations: Conclusion: ServiceM8 is a strong solution for…

Conclusion:

Double DHCP Good thinking! If Tplink’s DHCP is only enabled manually when Ultra fails, then it can use the same DHCP range as Ultra (192.168.4.x) to avoid reconfiguring devices. Updated Network Plan with Unified DHCP Device Interface Assigned IP Gateway Ultra WAN Connected to Swish 192.168.40.229 (DHCP) 192.168.40.1 (Swish) Ultra LAN Serving DHCP 192.168.4.6 N/A…

Why is ip Command Not Found? On macOS, the ip command is not available by default. Instead, you should use macOS networking tools. Here’s how to run the same checks on macOS: 🛠 Step 1: Check Your VPN-Assigned IP Address Since ip a doesn’t work on macOS, use: ifconfig utun4: flags=8051<UP,POINTOPOINT,RUNNING,MULTICAST> mtu 1500 mbam2@MBAM2 ~…

Here are templates for each of the required documents. You can copy and paste them as needed. 1. Board Resolution Template For board approval of the gift of shares. [Company Letterhead] BOARD RESOLUTION OF [COMPANY NAME] Date: [DD/MM/YYYY]Location: [Company Address] Resolution to Approve the Gift of Shares It was resolved that: Signed on behalf of…

Employers can contribute to their employees’ pension funds, offering significant tax advantages for both parties. As of the 2024/2025 tax year, the annual allowance for pension contributions is £60,000. This is the maximum amount that can be contributed to an individual’s pension each year without incurring a tax charge.  Key Points: Considerations: By strategically…

Guidance on Share Buyback in a UK Private Company A share buyback occurs when a company purchases its own shares from shareholders. This can be an effective way to return value to shareholders, restructure ownership, or remove retiring shareholders. However, there are specific legal and tax implications to consider. Key Considerations for Share Buybacks A…

Board Resolution for Share Buyback [Company Name]Company Registration No: [Number]Registered Office: [Address] Minutes of the Board of Directors MeetingHeld on [Date] at [Location] RESOLUTION:“It was resolved that, in accordance with section 690 of the Companies Act 2006, the Company shall buy back [Number] of its own shares from [Shareholder Name] at a price of [Price]…

UK Private Company Share Buyback Requirements Source: mfmac.com Source: mfmac.com A company can fund the buyback using the following methods: De Minimis Exemption: Companies can buy back up to the lower of £15,000 or 5% of the company’s share capital in a financial year without the full capital payment procedure. Source: ouryclark.com Source: mfmac.com Source:…

To document the gift of shares and minimise tax risks, it’s important to follow a structured approach to ensure compliance with HMRC and reduce the likelihood of challenges. Below is a process for structuring the gift of shares and related documentation. A. Board Resolution (for private limited company) Before transferring the shares, the company’s board…

In the scenario where two retiring directors (parents) receive termination payments of for example £6,500 each and then gift their shares to the remaining (son) shareholder, several legal and tax considerations arise. Here’s an overview of the key aspects to consider: a. Termination Payments to Directors b. Gifting of Shares a. For the Retiring Directors…

A cost estimate of £30,000 for implementing Microsoft Dynamics 365 for an agricultural supplies and servicing business suggests that the quote includes several elements beyond just licensing. It’s important to break down what is likely included in that figure to understand if it’s reasonable or if there are ways to optimise costs. Likely Components of…

Microsoft Dynamics 365 subscriptions generally follow a monthly per-user pricing model, meaning there are no mandatory upfront costs for licensing. However, there may be upfront costs associated with: 5. Infrastructure Costs (if on-premises) • If you choose the on-premises deployment instead of the cloud version, you’ll need to invest in: • Server hardware. • IT…

Implementation Considerations: Beyond the subscription costs, it’s essential to account for implementation expenses, which can vary based on factors like customisation needs, data migration, and training. Engaging with a certified Microsoft partner can provide a detailed quote tailored to your business requirements.

Business Asset Disposal Relief (BADR), formerly known as Entrepreneurs’ Relief, allows qualifying shareholders to pay a reduced Capital Gains Tax rate of 10% on gains from the disposal of certain business assets, including shares. When a company buys back its own shares, shareholders may be eligible for BADR if specific conditions are met: If these…

The magic that emerges from effective collaboration is undeniable. When diverse minds converge with a shared purpose, the results can be transformative.