Brexit checklist for Republic of Ireland trading with Great Britain when using Sage 50 Accounts - ROI only

• Visit www.revenue.ie/brexit to check Revenue advice on preparing your business, and information on specific rules and regulations.
• Apply for a Economic Operator Registration and Identification (EORI) number >
• Enter your EORI into your software >

There is a new update for Sage 50 Accounts v27 which has some new tax codes to help process EU and non-EU imports and exports.

To activate these new features, if you don't have Sage 50 Accounts v27.1, you must download and install now >

• Managing invoices spanning over 1 January 2021 >
• Learn how to post transactions from 1 January 2021 >

Once the new update is available and installed, you need to update the tax codes on existing UK records, recurring entries and outstanding items, and if required, add commodity codes to your products.

• Update your records >
• Update your recurring items >
• Update outstanding invoices and orders >
• Update your product commodity codes >

• VIES Return - calculate and submit the last VIES Return that includes GB >

  
  After 1 January 2021, as you no longer need to include England, Scotland or Wales on the VIES Return, please calculate and submit your last VIES Return that includes GB up to 31 December 2020.
  
  

• Intrastat - calculate and submit the last Intrastat reports that include GB >

  
  After 1 January 2021, as you no longer need to include England, Scotland or Wales on the Intrastat reports, please calculate and submit your last Intrastat reports that include GB up to 31 December 2020.
  
  

• Remove the United Kingdom GB as a EU member in your software >