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Thread: Pastel Accounting Vat adjustment to 15% on the 1st of April 2018

  1. #11
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    Good Morning Neville,

    I want to ask your professional advise if you don't mind please.

    The company i work for, a furniture manufacturer, had Pastel Xpress Version 11 installed in 2011

    As the consultant is family of our director, we did not pay annual license fees since 2011

    However, now she is not available to help us out any longer, as she has retired, i am a little unsure of what to do.

    So far we had no major issues on Pastel but now that the Vat is changing, it obviously is a problem.

    How i would like your advise is as follows:

    As i am currently working on Pastel Xpress Version 11.12.1;

    Should i rather now upgrade?

    1.) Can i stay with this version and download updates? (Don't know if this is a possibility)
    2.) Would you rather suggest that i call a consultant to assist us in all this?

    Your advise would be greatly appreciated.

    Regards

    Anneke Barnard

  2. #12
    Platinum Member Mike C's Avatar
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    I came across this on the Pastel website:

    The VAT increase is effective from the 1st of April 2018. Sage will make build updates available for Version 14, Version 17 and Version 18 which will automatically make the necessary changes to ensure you remain VAT compliant. Once these updates are ready for release we will communicate with all our cover customers on the steps to follow to update.
    So if we start making changes now will it interfere with their build update?
    An education isn't how much you have committed to memory, or even how much you know. It's being able to differentiate between what you do know and what you don't. - Anatole France

  3. #13
    Platinum Member Neville Bailey's Avatar
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    Quote Originally Posted by Mike C View Post
    I came across this on the Pastel website:



    So if we start making changes now will it interfere with their build update?
    Hmmm, this is news to me, as I was led to believe that Pastel was only going to release a build update for V18. However, I see that the build update is only available to "cover customers", i.e. those paying the annual licence fee.

    In that case, rather wait for the build update before changing anything.
    Neville Bailey - Pastel Accounting Consultant and Photographer
    neville@accountingsoftwaresupport.co.za
    www.accountingsoftwaresupport.co.za
    IronTree Online Solutions
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    "Give every person more in use value than you take from them in cash value."
    WALLACE WATTLES (1860-1911)

  4. #14
    Platinum Member Neville Bailey's Avatar
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    Quote Originally Posted by Anneke Barnard View Post
    Good Morning Neville,

    I want to ask your professional advise if you don't mind please.

    The company i work for, a furniture manufacturer, had Pastel Xpress Version 11 installed in 2011

    As the consultant is family of our director, we did not pay annual license fees since 2011

    However, now she is not available to help us out any longer, as she has retired, i am a little unsure of what to do.

    So far we had no major issues on Pastel but now that the Vat is changing, it obviously is a problem.

    How i would like your advise is as follows:

    As i am currently working on Pastel Xpress Version 11.12.1;

    Should i rather now upgrade?

    1.) Can i stay with this version and download updates? (Don't know if this is a possibility)
    2.) Would you rather suggest that i call a consultant to assist us in all this?

    Your advise would be greatly appreciated.

    Regards

    Anneke Barnard
    Hi Anneke,

    If you upgrade, you will receive an update that will automatically facilitate the VAT change, but at a cost...

    Send me an email with your current package's base serial number and I will send you an upgrade quote.

    You cannot download updates for V11.

    I can assist with the change-over, as per my post earlier, via TeamViewer.
    Neville Bailey - Pastel Accounting Consultant and Photographer
    neville@accountingsoftwaresupport.co.za
    www.accountingsoftwaresupport.co.za
    IronTree Online Solutions
    View Neville Bailey Photography

    "Give every person more in use value than you take from them in cash value."
    WALLACE WATTLES (1860-1911)

  5. #15
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    We receive commission from Financial institutions like Old Mutual. The commission received is made up of commission plus vat. The vat received constitutes output vat and as we receive it in arrears we would be receiving 14% vat in April. I understand Neville Bailey's instructions about introducing a new vat number but my cash book for April would have for example bank charges paid which would be at 15% and commission received at 14%. As Neville Bialey is specifying an end date to the 14% vat as at 31/03/2018 I am not sure how to handle the vat on receipt because its at 14%

  6. #16
    Platinum Member Mike C's Avatar
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    Thought you might like to see the FAQ's that SARS has put out.

    VAT FAQ Increase in the VAT Rate on 1 April 2018 - External Guide.pdf
    An education isn't how much you have committed to memory, or even how much you know. It's being able to differentiate between what you do know and what you don't. - Anatole France

  7. #17
    Platinum Member Neville Bailey's Avatar
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    If you are using V14, V17 or V18, you can download the VAT Change Build update from the following link: http://pastelupdate.sagesouthafrica.co.za
    Last edited by Neville Bailey; 27-Mar-18 at 06:32 AM.
    Neville Bailey - Pastel Accounting Consultant and Photographer
    neville@accountingsoftwaresupport.co.za
    www.accountingsoftwaresupport.co.za
    IronTree Online Solutions
    View Neville Bailey Photography

    "Give every person more in use value than you take from them in cash value."
    WALLACE WATTLES (1860-1911)

  8. #18
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    Hi Neville

    Firstly, thank you for the very clear instructions regarding changing the VAT rate.
    I have a client who is using Express V14,build 14.0.6
    I wasn't sure about the downloads, so rather followed the instructions.

    The problem is that I get a message (when doing a test) as follows:

    "The tax type you have selected (Vat - Std rated 15%) has an expiry date set to 31/12/50 and may not be used. the tax type for this line will be set to)) - No Tax
    Either choose a different tax type or set a new expiry date for Vat - Std rate 15%. "

    If you just enter on OK, you can proceed with the transaction, and pick the desired Vat rate from the drop-down list, but this will be a huge inconvenience for the client, who will not be very happy.
    Could I still download the VAT patch for V14 to sort this out?
    your advice would be greatly appreciated.

    Regards
    PeterSS

  9. #19
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    Hi Neville

    Where on this link do I find the VAT Change Build update for Patel V18 Xpress?

  10. #20
    Platinum Member Neville Bailey's Avatar
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    Quote Originally Posted by CargoFactors View Post
    Hi Neville

    Where on this link do I find the VAT Change Build update for Patel V18 Xpress?
    Open the VAT Update tab.
    Neville Bailey - Pastel Accounting Consultant and Photographer
    neville@accountingsoftwaresupport.co.za
    www.accountingsoftwaresupport.co.za
    IronTree Online Solutions
    View Neville Bailey Photography

    "Give every person more in use value than you take from them in cash value."
    WALLACE WATTLES (1860-1911)

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