IRIS IS OFFERING customers of its rival Sage free transfer of data to its products in response to yesterday’s announcement that Sage will delay the release of its updated software.
Sage is releasing an interim update of its accounts software to enable clients to file tax returns using the new iXBRL format. However the full version will not be available until after the HMRC deadline of 1 April.
Iris has introduced a scheme known as the “iXBRL guarantee” to Sage customers. It is offering free migration of data to its accounts products and training.
Phill Robinson, MD of IRIS accountancy practice, said: “It appears that Sage will have left large numbers of accountancy practices and their clients in the lurch with only ten weeks to go until the mandation date.
“I would say to Sage customers that there is still time to be ready for 1 April.”
Iris is also inviting Sage customers to attend its seminars on iXBRL readiness in practice.
HMRC mandated from 1 April 2011 all corporation tax filings must be in a new technology tagging format, iXBRL. inline eXtensive Business Reporting Language allows information in documents to be electronically tagged for easier comparison.
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