Brexit checklist for Republic of Ireland trading with Northern Ireland 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 country codes on Northern Ireland customers and suppliers,  tax codes on existing UK records, recurring entries and outstanding items, and if required, add commodity codes to your products.

• Update your NI customer and supplier country codes >
• Update your records >
• Update your recurring items >
• Update outstanding invoices and orders >
• Update your product commodity codes >

• Remove the United Kingdon GB as a EU member in your software >
• VIES Return - if trading under the Northern Ireland protocol continue to include NI for goods only >
• Intrastat - if trading under the Northern Ireland protocol continue to include NI >