The majority of statutory accounts that get filed with HMRC start life as word documents (or excel), whilst the majority of software houses will (no doubt) write their CT programmes to be compatible (and presumably their accounts packages) where does that leave the practices that do not need the accounts packages because the accounts are in Word (Excel) or are produced in house by clients.
Can anyone out there suggest a 'converter' (Word/Excel to iXBRL/XBRL - or do any of the software houses out there want to put on the table that they in the process of developing a converter to support their CT packages. Whilst I accept that we are 18 moths (well a bit more) away from March 2011, I don't want to be worrying about it then or even in 12 months time - but I expect I will.
Can anyone explain what is involved with a converter programme and I can decide how much of a problem this is or is not?
HMRC have just started their campaign to 'make it known' with a mail shot today (add to that some comments in the IT press and tax/accounting websites publications).
Planning in advance.
- Is Xero payroll as rubbish as I suspect it is? 1,462 29
- Annual to At Least Quarterly 712 33
- Taxi Drivers Cost of Sale 458 19
- Maternity and claining expenses 20 1
- Digita Accounts Production Advanced - general perception 235 5
- An IT question 144 5
- SDLT 96 4
- Is cloud accounting actually pretty pants? 2,220 39
- Employment allowance changes 202 6
- Digital tax accounts - what do we expect? 732 13
- Voluntary dissolution of company 284 5
- Bankstream 983 23
- Excel - Sage Integrated Reporting 137 1
- Inter Company Loans 42 1
- Software that posts COGS? 567 13
- Xerocon 2016 533 9
- Disengagement Help! 363 12
- VAT on online services 211 2
- sale/transfer of shares in a private limited company to a related holding company 45 1
- Excel budget templates - help 505 2