Sage 50 Version 27.2 Update (VAT ECommerce, MOSS, OSS and IOSS)
Sage 50 Version 27.2 Update (MOSS, OSS and IOSS)
If you trade with consumers in the EU from 1st July Sage will have the ability to report the tax. The update will allow you to report using MOSS, OSS and IOSS.
Upgrading your software
Before you begin your Sage 50 cloud Accounts installations there are a few things you should consider.
- It will require downtime.
- You need to understand your computer set up.
- You need to know how your software is set up.
- If you use 3rd party software, is it compatible with Sage 50cloud Accounts v27? In preparation of your upgrade the following steps that should be completed, our Sage 50 Checklist can help you ensure these are done in advance.
- Sage 50 Installation Guide
- Instructions on installing the latest version of your software
- Sage 50 27.2 software update is available to download from here
Please contact us on 051-395900 or support@pimbrook.ie if you require a quote to upgrade or if you are on an earlier version of Sage Accounts.
Sage have the following knowledge base steps in setting up and processing OSS/IOSS
- Check if OSS/IOSS is enabled
- Enable OSS/IOSS reporting in Sage 50
- Setting up tax codes to use with OSS/IOSS reporting
- How do I post OSS/IOSS transactions
- Changes to e-commerce VAT in the European Union (EU)
- Preparing your EU VAT Return for One Stop Shop (OSS) and Import One Stop Shop (IOSS)
- Submitting your VAT Return
Additional links
- Changes to e-commerce VAT in the European Union (EU)
- Sage Accounts – To Account for VAT using the VAT Mini One Stop Shop (MOSS)
- Sage Business Legislation Hub
Click here for an Introduction to E Commerce, MOSS, OSS and IOSS
