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• # 117114
• Mon 17 Sep 2018 10:40 AM

Hello :)

Do shops and other outlets have to link their tills to their accounts or can they simply input the daily takings figures manually from the daily till sheet?

Thanks

Jules

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• # 117116
• Tue 18 Sep 2018 02:51 PM

Hi Julia,

I've asked this question of an accountant in a slightly different way and I wasn't happy with the answer.  I have a couple of clients who currently record sales (cash and card) weekly.  The tills are not linked to (in this case) Xero.  I've told them that we've got to change over the next 6-9 months.  

However, the one accountant I checked this out with seemed to think it was still OK to put the figures in weekly.  It wasn't how I understood the HMRC webinar, or the stuff I've read on a variety of websites.

So, hoping others will respond to this thread too!

Regards, Fiona

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• # 117142
• Thu 27 Sep 2018 01:21 PM

Hi,

I attended a HMRC MTD webinar about a month ago where someone asked a similar question. HMRC responded by saying that it would be acceptable to manually input the sales figures from the z-readings.

However HMRC did also say that daily gross takings should be recorded per the retail VAT scheme.

Hope this helps.

• 
  Helen
  http://www.lookaftermybooks.com/
  
  

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• # 117164
• Mon 08 Oct 2018 09:20 PM

Thanks Helen.

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• # 117736
• Tue 07 May 2019 08:28 PM

Thanks Ami, I've only just seen your reply - I mustn't have signed up for notifications of responses.

We're working towards a daily system - partly as the client sees it will be better for cash control. 

Fiona

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