October 1. 2019
FBTC
Accountancy Services have now released their new bookkeeping software, which is
included as part of the
all-inclusive £30 monthly fee. All FBTC clients will be provided with the
Making Tax Digital (MTD) compliant software, that will make bookkeeping easy!
The MTD compliant software
allows you to add income and expenses with a click of a button, scan your receipts
and submit business records directly to FBTC.
The accounting software is
perfect for small businesses and FBTC have taken time to ensure it is right for
their clients. Alan Gott, FBTC Manager is thrilled with the new software, ‘We
have just started rolling the new software out to clients and it is great to
receive such positive feedback already, it is definitely the highlight of 2019
for the team and our clients’.
The secure access system
called OnBalance, is an extremely accessible system that allows users to access
data anytime and anywhere. As it is cloud based software all you need is an internet
connection to log in. Perfect when you
are out and about running your business. You can keep records on a real time
basis which will mean you save time when it comes to record keeping and juggling your work life balance.
As FBTC will take care of maintaining,
updating and continuous improvement of the system you will always be running
the latest and greatest version.
The further benefit of the
software is that you can easily separate your transactions, for example if you
have multiple trades and/or property income. Before FBTC invite you to start
using the software they will set it up to include each of your trades meaning
you can simply register, login and start recording transactions within minutes.
Once you have entered transactions the handy dashboard will give you some of
the key performance indicators of your business such as total turnover and
expenses.
So, what else would make
the completion of your tax return easier, other than a great
accountant and first-class bookkeeping software? We think quick submission to your accountant is vitally important.
With a click of a button you can send FBTC your data instantly. Using OnBalance
with FBTC, will also give you MTD compliance as you are keeping digital records
and using software to submit your records.
MTD, for those that are
non-VAT registered, isn’t now set to be mandated until April 2021 at the
earliest and HMRC do need to confirm an exact roadmap of how it will be
enforced but FBTC are keeping abreast of the MTD updates as they are published and
will keep you fully informed.
If you would like to know
more about the software or joining FBTC Accountancy Services complete the ‘Send us an enquiry’ form to your right or call us on
0344 984 2515.