From XU Magazine, 
Issue 25

4 ways to cure your Self Assessment headache

Every New Year hails the annual scramble to gather Self Assessment information. Millions of people, calculating their expenses, income, interest… as their bookkeepers and accountants send increasingly urgent requests.

This year, businesses have been turning to their accountants for more information and advice than ever before. With this level of support likely to continue for some time, we’re facing a busy season like no other.

Let AccountancyManager take care of Self Assessment preparation

AccountancyManager was designed by an accountant to eradicate his practice’s most time-consuming tasks. As you’d expect, a key area he focused on was the lead up to the Self Assessment deadline.

1) Online Self Assessment forms for every type of client

Gather exactly what you need from each client with custom forms. We’ve gone ahead and saved a default Self Assessment form in AccountancyManager, but you can tweak it, duplicate it to make different versions or start one from scratch.

Instead of emailing forms to clients, simply publish them to the secure, GDPR-compliant portal. You’ll get a notification in AccountancyManager when your client has filled in a form - or partly completed one. Then you can move on to your next task in preparing the submission. Until your clients complete their form, AM will continue to chase them with automated emails and/or texts.

2) Automated record requests & reminders

At the heart of AccountancyManager lies automated record requests for every service you offer. These emails and texts ask your clients to supply the records you need to complete and/or file their: Accounts, Self Assessment, VAT, Management Accounts, Bookkeeping, Confirmation Statement, Payroll and SA8OO.

The integration between AccountancyManager and Companies House pulls through your clients’ accounting period end dates and deadlines to control when these requests are sent. Simply choose how often you’d like to remind your clients that you’re waiting on their records by adding the number of days after the period end you’d like the reminders to be sent.

3) Online approvals and updates for your team

It couldn’t be easier for your clients to approve their Self Assessment submission. They simply log into their portal to review and e-sign the documents. You can track approvals and completed forms in your client timeline.You don’t need to keep track of which clients have responded, AccountancyManager will alert you. Confirm that you’ve received the required approval, then filter your task list to see which submissions you can complete.

You don’t need to keep track of which clients have responded, AccountancyManager will alert you. Confirm that you’ve received the required approval, then filter your task list to see which submissions you can complete

4) Tax payment reminders for your clients

Make sure your clients pay their tax on time by setting up automatic email and text reminders. They’ll appreciate the nudge and you don’t need to lift a finger.

Why leave it there?

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