We answer your most common questions about Making Tax Digital
You can carry on using your existing Excel spreadsheet as long as you calculate the 9 box VAT totals. The you will need to specify in tax optimiser the sheet and cells to extract the data from. Then use our upload section to bridge the excel file to send to HMRC.
We support Excel 97-onwards. We have also had clients who use a range of other spreadsheet software successfully use our software. If you have any doubt feel free to sign up and try it out.
As long as you are able to export an excel/csv file from your existing system, software you can upload it to tax optimiser to extract the data and submit it to HMRC. All you need to do in the VAT settings is set the what sheet and cells to extract the data from. We have had clients on a range of software including all version of Sage Line 100, Sage Instant, Sage 50, Sage 200, Access Dimension use our software successfully.
As part of the new legislation you can not just manually add up the totals and key them in to the spreadsheet. All the values need to be calculated either from software or formulas within the spreadsheet.
You will just need to output an Excel / CSV file with the 9 box totals calculated. You can then upload your Excel spreadsheet in to our software to then send it to HMRC
There is the ability to add your own logos, brand colours and your own web address ie https://mtd.acmeaccountants.com