Welcome to our weekly round-up of the latest news and updates from the accounting tech world.
This week, Tech Lowdown features Receipt Bank’s Bank Fetch functionality, BTCSoftware Solution Centre’s new features and Nomisma MTD guide.
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Receipt Bank announces upcoming Bank Fetch functionality
Receipt Bank is currently developing Bank Fetch, a new functionality that aims to securely fetch clients’ bank statements from their online banking service and do all the data extraction, leaving the clients’ bank data ready for the accountant to process.
Accountants interested in participating in the beta program for Bank Fetch can register here.
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New features added to BTCSoftware Solution Centre
In the latest releases of its Solution Centre, BTCSoftware has introduced new feature updates in response to its customers’ suggestions. In the latest release of PM Solution, BTCSoftware has included new report for tax years 2017 and 2018 which list the returns that have been incorrectly calculated or are subject to exclusions, as well as updated individual tax calculation and exclusions for years ending 5 April 2017 and 5 April 2018.
The AP Solution now includes time-saving templates and, following customer feedback, BTCSoftware has also reinstated the Corporation Tax Payable detail on the Corporation Tax Calculation section in its latest release of CT Solution.
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Nomisma MTD guide
Nomisma has created an MTD guide to help clients transition to MTD. The guide focuses on the topics of educating a team, planning the switch to MTD-compatible software, how to communicate the change with clients and how to ensure they are sufficiently trained in the new software.