Accountancy Blogs

Businesses often make do with cumbersome spreadsheets for creating budgets. With Business Central’s in-built budgeting tools, you will get much more functionality with a lot less effort – and it’s not even difficult to set up!

In the world since coronavirus became a pandemic, it has become more important than ever to make sure that your business has a healthy cash flow. We also discuss how Microsoft Dynamics can be used to help forecast cashflow. 

We are representing Microsoft's Dynamics 365 Business Central, business management software for SMB's at Accountex 2020, Stand 515 at the Excel London

Give your external accountant access to your Microsoft Dynamics 365 Business Central ERP system with this step by step guide.

Setting up and using the EC Sales List report for Microsoft Dynamics 365 Business Central for submitting to HMRC

Making Tax Digital (MTD) has now gone live with surprisingly few problems, especially for anyone using a supported version of Microsoft Dynamics NAV® or Business Central®, save for some platform compatibility issues that need to be resolved by your partner.  Some issues have come to light however as the software has been rolled out and this blog lists some of these and how to d ...

Brexit. Making Tax Digital. Future Technology. It is certainly an interesting time to be an accountant! Whether you are an accountancy practice or the Financial Director of an SME, there is a lot to prepare for in this tumultuous time. Accountex is the No. accountancy and Finance conference and expo in Europe and is specifically aimed at bringing experts to help you understand ...

Despite the countdown to the planned departure of the UK from the EU now being measured in days rather than months, we are STILL not certain what form leaving will take and what will change if and when we do leave.  However, there is still the prospect that the UK will leave with no arrangements in place which has implications for any company that does any business with the EU. ...

HMRC has been making a lot of changes to their website around Making Tax Digital and the software solutions available for compliant submitting of VAT returns.  Microsoft Dynamics® on the HRMC compatible list We are excited to announce that Microsoft Dynamics 365 Business Central and Microsoft Dynamics NAV have been added to the list of software that is available now for Makin ...

Making Tax Digital (MTD) is giving a lot of business people, especially FD’s and accounting managers, a severe case of a sinking feeling. We are pleased to say that the end is in sight and there is no need to panic – certainly if you are using Dynamics NAV or Business Central. We have written about this recently, however we have been working closely with Microsoft and HMRC to m ...

With the upcoming legislation for Making Tax Digital, we have been working closely with Microsoft on the compliance updates to Dynamics NAV and Dynamics Business Central. In December, Microsoft released their solution for testing. There are a few minor errors which are due to be fixed for a release at the beginning of February. These will need to be tested and approved by Her M ...

This is the latest update on the preparation for Making Tax Digital for Tax and VAT which will require UK VAT-registered companies to submit electronic summary VAT Returns for the first and subsequent VAT Returns for the first-period end after March next year.  There are big developments so read on! HMRC Delays in Implementation Some VAT-registered persons will not be require ...