Member Since: 31st Mar 2009
30+years experience in practice and a little bit here n there on the dark-side.
20th Dec 2018
Is 2019 also known as Version 1811 (Build 11029) in the 365 programme?
The latest upgrade might have added some of the above but, since that happened:
a) Excel crashes if you try to "Print Preview Full screen" and
b) if you want to use the formula "=sum(A1:Z10)" to cover that range by typing =sum(A1. and moving the cursor to cover the rest of the range, Excel no longer recognises that it should change the full-stop to a semi-colon and does not Sum the range at all. Instead you have a cell with "#FIELD!".
The latter could simply be an option that they've changed to default the other way but I've not found it yet!
Why is it that most updates/upgrades seem to break something useful more often these days?
7th Nov 2018
The idea behind MTD is fine. The reality, having moved over 3 dozen clients over onto four various cloud systems is that the vast majority are ill equipped to use this technology, no matter how 'simple' the cloud producers make it (apps on phones don't do much beyond the extreme basics btw).
The correction facilities on one are appalling (maintaining the old desktop problems, rather than starting with a fresh database). The reporting on two others leaves more than a bit to desire. Another has purchase/sales ledgers where you are unable to see a true activity log without running a report out of the browser. I could go on for hours!
None of the cloud systems have been designed to be used by volume transaction operatives (i.e. accountants and their bookkeepers), yet this is who will be forced to use them most.
Of course, the real issue here is that the old crusties at the institutes made no effort to engage with the Fintech Cos to push for a sensible working solution for MTD. The Fintechs were left to make up their own ideas and are now fleecing everyone with those sub-requirement products. Oh, and where they don't do something, "there's always a bolt on from XYZ" neglecting to mention it might be £150 per month!
It's a bit like the railway - no one is over-seeing and no one taking control
30th Aug 2017
no, we become more useful (valuable) to our clients than being somewhere they simply consider a drop off point for a bag of receipts and a cost they could do without. We will have information to provide advice and guidance.
The software is merely the thing which allows them to do half decent bookkeeping and makes it a lot more difficult than older systems for them to screw up (if you put a little time into setting it up for them).
Of those using it, my trade clients are those where there's an unbelievable increase in communication and getting involved and *that* is making my profit margin 100% better in those cases as there's less chasing around and I can look through monthly and ask questions while they remember.
Re: smartphone - some, yes. But over the next 18 months most will be offered an upgrade.
30th Aug 2017
We have now moved 46 of our clients onto various cloud solutions, incl. Kashflow, Xero, SageOne and Waveapps (cos they wanted to!) and find them all very similar to use with each offering something that differing business types will find helpful. There is also a new landlord package (LL Vision) we are evaluating for those letting as none of the above truly caters for a letting 'business'.
Primarily we did this in anticipation of mandated MTD but have found there to be advantages both for us and clients:
1) They work across platforms and look the same;
2) Some have apps for smart phones - this is a massive thing as clients like to use this; for sales initially as they can issue on the job and check credit control with the bank uploads. They've then started to use for cash expenses (incl photos of receipts which will no longer get lost). A lot already paid around the same £ for an app to do the invoicing/quotes.
3) We have up to date info without having to rush post 6 months of info because the client now wants a mortgage application and needs management figures
4) It is possible to advise some previously inadvisable tradesmen on their financial position and help them save towards tax bills - they actually appreciate this and will pay to your client account if needs be - this'll be good when interest rates finally begin to rise again!
5) We get a regular income from the on-sale of the products.
The disadvantage is that, depending which one, posting large volumes can take substantially longer than previous software. The rapidfire/quick entries do speed things up or you could use imports but they also have limitations (e.g. supplier invoices where splitting by line item is required).
I wasn't looking forward to MTD previously but, as it's incumbent upon the solution providers to make the activation run smoothly, it should not be a concern to us when it arrives.
10th Aug 2017
The whole problem with these HMRC verification methods is that any crook worth their salt is more than able at assimilating the necessary data before signing a person up - P60s can be got hold of and passport numbers from various dark web sources.
Whoem mp/diing the necessary re often thable letting 'bustente