MYOB has launched BusinessBasics, Accounting and Accounting Plus. The new products allow users to qualify for the £825 rebate offered by the Inland Revenue – for small businesses that file employers annual returns online – and are compliant with the new MiniMac, also aimed at small businesses.
Simon Smith, general manager UK business division at MYOB, said that SMEs must ‘get used’ to using more specific software to run their operations. ‘Quite a few businesses still use just Word and Excel,’ he added.
Meanwhile, Intuit has launched a 2005 version of QuickBooks, along with a new accountants’ edition of the software.
For accountants, QuickBooks 2005 focuses on providing more online services for clients to help deliver them assistance and training.
The new version also contains web-based BACS capabilities, known as BACSTEL-IP, which allows businesses to better control and monitor their electronic bank transactions.
The drive towards a fully digital tax regime is an admirable one, but mandation is simply wrong, according to one of the UK's most senior tax technology practitioners - Paul Aplin
Barclays has partnered with accounting software company Xero to provide businesses with access to transaction data through its direct feed.
Government's estimate of a £400m admin saving from Making Tax Digital is way off - and is instead a huge cost burden, warns Lamont Pridmore chief executive Graham Lamont
Xero unveiled its expanded global partner programme at Xerocon South, the accounting technology conference in Australasia