07979 395 695 info@bpva.co.uk
Xero Setup and Conversion

Xero Setup and Conversion

With Making Tax Digital coming up in April 2019, changes are afoot for VAT registered businesses with a turnover over £85,000.  From April 2019 they will be required to have digital records and submit VAT returns digitally.

If you are thinking of moving your current accounts system over to Xero, and not sure where to start or what is required. As a Xero Accredited Advisor, I can help you with that and more. You can convert to Xero from most accounts’ software including Sage50c, Farmplan and Key Prime.

I travel to your office and set you up with a new Xero account and convert all your accounts details over to the new system. This usually takes less than a day to do.

 

The Service Will Include the Following Processes

  • Set up Xero data, organization and business details
  • Create a customized chart of accounts in line with your business
  • Import and customised invoice settings
  • Setting up live bank feeds from your bank accounts
  • Import all contacts (customers and suppliers)
  • Make sure conversion balances are correct
  • Import data from the old system to new

All this can be done by BP Business Consultancy

For more information contact us today.

Making Tax Digital

Making Tax Digital is the governments plan to make it easier for individuals and businesses to get their tax right and to keep on top of their affairs, meaning the end of the annual tax return for millions.

APRIL 2019

From 1st April 2019 businesses above the turnover threshold of £85K will have to keep digital records and submit VAT returns. You will no longer be able to submit manual returns.

Today, only 11% of VAT returns are filed with online software, if your accountant doesn’t currently file VAT returns using online software, Making Tax Digital could have a real impact on how you work so it is vital you start researching today.

APRIL 2020

It is expected that by April 2020 at the earliest Sole traders and partnerships with income between £10k and £85k will need to maintain digital records. With tax data being required every three months instead of annually.

How can BP Business Consultancy Services Help?

  • We can help you source HMRC approved digital software, to find out what system is best for your needs.
  • If you have new software and are unsure how to use it, we can provide training to help you feel more confident using it.
  • If buying new software, we can help with data transfers from old systems to new, making sure relevant balances and information is retained.
  • We can set up your new software with bespoke chart of accounts and features that are relevant to your business.
  •  We can help you with your bookkeeping either on-site or virtually.
  •  We can process your VAT returns using our registered HMRC Agents.
  •  We can recruit a bookkeeper to work onsite in your office mentored by our IAGSA trained associates.

Contact Us Today To Find Out More

New Release

New Release

Welcome to my new website, I hope you like it as much as I do.  I wanted to make it feel less corporate and more rural.  But retain a professional quality too, as that is the service I provide, professional, helpful, and above all reliable. The reason I decided to make Rural Enterprise my niche is that I am a country girl at heart. My experience as a farm secretary has helped my understanding of farm life considerably and I have over the last year or so had the pleasure to work with two large country estates that ran mixed arable and dairy farms. I grew up in rural Rutland and we owned a few animals, including sheep, cows, horses and goats. But, I have always had an interest in farming and the rural life, and have ridden and owned horses on and off all my life.