Thomson Reuters Onvio VAT
Firm size
- Small
- Medium
- Large
Integration
Pricing
On request
Functionality
Free trial
Key Features
- Import of VAT information from Excel (XLSX)
- Submission of MTD for VAT data to HMRC
- Approval by client of data via portal
- Storage of related documents
- Querying of HMRC liabilities, payments and submissions
Product screenshots
What Thomson Reuters Onvio VAT says
Onvio VAT, a cloud-based bridging solution, allows the import from Excel of the necessary VAT data to submit to HMRC.
The data import can use the provided template, or you are free to easily define your own. The spreadsheet of collated data is uploaded and the import routine searches the spreadsheet for the values needed (by way of simple Excel named cells), and imports the collated data for review.
For Onvio Document users, one button click will store a copy of the submitted data in the relevant document folder. With Onvio Client Centre, our e-sign functionality will send the VAT report to the client for online review and signature, confirming acceptance before submitting the information to HMRC. Alternatively, a PDF report of the information can be downloaded for storage and client review.
When the system recognises the VAT return has been accepted by HMRC, the status is automatically set to completed, and recurred to the next VAT due date.