Brandon, MB -- (SBWIRE) -- 08/22/2019 -- Having businesses in different countries requires a conversion from one edition to another, while also is the case of setting up files in a version of QuickBooks that is incompatible with the software in another division.
These unique features make it impossible for one version of QuickBooks to read a file from another. An example illustrating this variation is the Canadian and UK versions of QuickBooks that are configured to use VAT, however, this feature is configured as sales tax for the US version.
QuickBooks UK allows you to keep track of your VAT across all sales, expenses and other transactions, generate your VAT return in one step – just copy the figures across to the HMRC website, check exactly how much VAT you owe at any time, charge the correct amount of VAT on your products and services and easily manage VAT adjustments that may affect your next VAT return.
QuickBooks also calculates what tax you owe, reminds you when your VAT return is due and lets you file to HMRC online.
The Independent recently reported that tens of thousands of British businesses are at risk of failing to follow new rules on keeping digital tax records, according to a survey. The survey also found there is confusion among businesses about whether they are complying with the scheme. Of the business leaders polled, almost half who thought they were compliant were found not to be, while a quarter of compliant companies did not think they were set up correctly for the changes.
"This could also be because of businesses using different editions of QuickBooks that do not support the tax requirement for the country in which they operate," E-Tech's Technical Services Manager John Rocha, said.
E-Tech's international edition conversion takes the weight off your shoulders with a conversion thatbringsboth versions into sync.
Visit https://e-tech.ca/Quickbooks-International-Edition-Conversion.aspx for more information.
Founded in 2001, E-Tech is a leading file repair, data recovery, and data conversion services provider in the United States and Canada. The company works to stay up to date on the latest technology news, reviews, and more for their customers.
For media inquiries regarding E-Tech, individuals are encouraged to contact Media Relations Director, Melanie Ann via email at Melanie@e-tech.ca.
To learn more about the company, visit: www.e-tech.ca
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