For my own benefit, I use my phone to take a picture of to odometer at the end of each journey, business or not, so as to have proof for HMRC and for ease of recording.
Plus, there have been occasions when the shortest route is far from the best, eg Ilford to Hammersmith it is usually far quicker to go round the M25 than through the middle of London.
And if, like very many companies, you are not on a cloud based accounting system?
There are many, many companies out there who are on packages hosted in-house with no intention of ever going to the cloud.
Even the paranoid are at risk.
When someone tried to use my details in a VAT registration, one of the things I did, other than getting my statutory credit reports from the 3 agencies, was to register with CIFAS. https://www.cifas.org.uk/services/identity-protection/protective-registr...
I would suggest getting the reports for all at your address and registering. It is a PITA to have to do it, but better safe than sorry.
Oh, and we found 2 attempts to get credit on our reports.
Well if I were the customer, I wouldn't pay without an invoice.
None of my customers would pay me without an invoice.
Also, VAT tax point, when the work is done/goods delivered/whatever. Invoice is needed.
One system that can do everything you want, and more, would be SunAccounts.
This is not aimed at any industry section, but is a generic accounting package that has been around for a long time.
Your single bank account for multiple legal entities is unusual, but not insurmountable, there being at least 2 different ways of handling it, off the top of my head. Probably more.
I'm not up to speed with the current version, but I would recommend investigating through http://www.sapphiresystems.com/en-gb/solutions/infor/infor-sunsystems/
Well it is working for me.
Are you blocking cookies?
It seems to be working now - but I've not tried to make it say IR35 does apply yet which it wouldn't do in one version of the beta, apparently.
Re: Whether there is a residual
<i>The question is whether its use extends over more than one accounting period.</i>
But many things have a use that extends over one accounting period that are not capitalised, eg pens, flip charts, staplers.
But there must be another argument as so many companies no longer seem to capitalise their software.
Is software actually capital?
Most companies that I visit no longer treat software as a capital item, writing it off in the year of acquisition, as it has no residual value - you can't sell it on.
The exceptions being those with embedded software that is part of physical equipment.