Tech Lowdown: Trial balances, expense sharing and LLP accounts

Tech Lowdown
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Welcome to our weekly round-up of the latest news from the accounting tech world. 

This week updates include integrations between Taxfiler and KashFlow and Xero, new LLP accounts functionality in Nomisma and Soldo’s new partner programme.

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Taxfiler launches integrations with KashFlow and Xero

This week, Taxfiler added new integrations with KashFlow and Xero, alongside the existing QuickBooks Online integration, to further streamline the submission process ahead of the tax season.

The new integrations will make it possible to move trial balances into the Taxfiler system, enabling tax returns, accounts and VAT returns to be submitted from a single solution. The cloud-based monthly subscription service provider has also announced there will be further integrations in the near future.

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Soldo: Integration with Xero and partner programme

Soldo has recently launched an integration with Xero, connecting to both their automatic bank feed and accounting APIs. The integration includes expense sharing, meaning that Soldo users can validate and transfer expense information such as receipts, notes, spending categories to Xero.

Soldo

The new integration also allows Soldo to sync with Xero contacts so that users can attribute billable expenses to clients.

Additionally, the integration provides the possibility to pull in tracking codes from Xero and attribute them to transactions, pulling in relevant VAT rates from the Xero chart of accounts and automatically syncing transactions with Xero.

Alongside the new partnership, Soldo also announced a new programme for accountants and bookkeepers that includes access to partner edition products, free use of Soldo and special pricing for the partners’ clients, as well as flexible billing options.

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FreeAgent expands its UK small business sector strategy

FreeAgent has appointed a new senior partnerships manager to help further expand its influence in the UK small business sector. Matt Perkins will lead FreeAgent’s work with fintech companies, organisations that support small businesses across the UK and partners across accountancy channels.

Perkins, who previously worked as UK sales and strategic partnerships manager at Receipt Bank, will oversee the company’s involvement with NatWest’s new business accelerator network, the Entrepreneur Accelerator programme.

“As our ecosystem of fintech services, integrations and partnerships grows, Matt will play a vital role in helping us raise our profile and forge exciting new relationships that will help improve the lives of small business owners throughout the UK,” said FreeAgent’s chief commercial officer Kevin McCallum.

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Nomisma offers LLP accounts functionality

With its latest release, Nomisma has added LLP final accounts to its accounting software solution, which also covers bookkeeping, payroll, self-assessment, company secretary and practice management.

In addition to the accounts production update, the last release also included the addition of SA106 in self assessment, making it possible for users to include foreign income on tax reports.

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Pandle adds attachments to Message Centre

Pandle has released a transaction links feature to enable users to copy transaction links and post them within the Message Centre to discuss specific transactions with their clients. The solution has released an update to include a new attachments feature that can be used to upload file attachments directly into discussions within the Message Centre, such as signed contracts, invoices, screenshots or spreadsheets.

The feature is available to all Pandle Pro users and for Pandle’s partner accountants to use with their own clients.

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