Sage 200 - Brexit checklist for Northern Ireland when not using the latest version of Sage 200

Summary

The United Kingdom's (UK) withdrawal from the European Union (EU) affects, amongst other things, how goods moving between the UK and EU should be accounted for. We've pulled together a checklist to guide you through what you need to do.

Description

What do I need to do?

Before 1 January 2021

HMRC requirements >

Visit www.gov.uk/transition to check HMRC 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 >

Update your software >

Sage 200cloud Professional 2020 R2 has a new country code for use in Northern Ireland and new VAT codes.

You can still process effectively using your current version of Sage 200 by following the workarounds which this article will guide you to.

Please contact your Sage support provider to discuss you upgrade options.

After 1 January 2021

Processing imports and exports after 1 January 2021 >

Update your VAT reg number, UK tax codes and commodity codes in your software >

You need to update your country code and the VAT codes on existing EU records if different. You need to ensure the correct VAT registration numbers are displayed on your layouts and if required you also need to update VAT codes on outstanding items, and add commodity codes to your products.

Final considerations >

Find out more about Brexit

This article provides general rather than specific guidance to assist all of our customers. We always do our best to make sure that the information is correct but as it's general guidance, no guarantees can be made concerning its suitability for your particular needs. The information is valid at the time of publishing and is provided without any warranty of any kind, express or implied. You should take professional advice if you require specific guidance on your individual circumstances, for example to ensure that the results obtained from using our software comply with statutory or regulatory requirements. For VAT, customs and excise and duties enquiries you should call the HM Revenue and Customs (HMRC) National Advice Service Helpline on 0300 200 3700, contact your local HMRC office or visit their website at www.hmrc.gov.uk In no event will we be liable to you for any direct, indirect, consequential or incidental loss or damage arising out of or in connection with your use of the information provided.
The VAT or tax codes used in this article are based on the default or recommended codes set up in the software. These may be different in your software.