Welcome to our weekly round-up of the latest news and updates from the accounting tech world.
This week, we take a look at MyFirmsApp's new mileage tracker, Nomisma’s updates and new data exporting to Clear Books and Xero.
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MyFirmsApp introduces new mileage tracker
MyFirmsApp has launched a new mileage tracker within the app that will automatically log business trip mileage for tax purposes and reimbursements.
The app, which will be introduced later this month, uses GPS tracking for accuracy to track and manage journeys and business mileage. The tracker can auto-detect a trip while operating in the background so that journeys are registered even when the user forgets to start the tracker at the beginning of a trip. This option can also be switched off for a manual start.
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Nomisma’s September update goes live
Nomisma has announced its first September release. The software provider has updated the recording of email and SMS interactions, which can now be logged throughout the software in the final accounts, payroll, self-assessment, VAT returns and VAT overdue.
This month, Nomisma’s dashboard has also been optimised to make it more user friendly and apprenticeships have been implemented as a payroll employee with wage alerts.
Among its upcoming developments, the company has also announced the introduction of the Partnership Tax Return and LLP Accounts. Additionally, Partnership Tax Return will be auto-populated using data from accounts, SME set up for bookkeeping and payroll agents will be significantly improved and setting up new clients will be easier thanks to a new Set Up wizard.
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Software providers simplify the process of switching systems
Clear Books is offering a free ‘switching service’ to help accountants and their clients move from other accounting systems. The new rapid migration service can move data from Xero, Sage, QuickBooks, VT, FreeAgent, Kashflow, Freshbooks, Zoho, BrightPearl, MYOB, Solar Accounts and Twinfields.
Following a similar strategy, Xero UK hopes to convert new customers from Sage Business Cloud. Xero’s evolved partnership with Movemybooks automates the process of moving data to Xero in a standardised format. With this simplification of the process of converting to Xero, the company expects to attract new users looking for streamlined MTD VAT software before April 2019.