MTD Options for MYOB & AccountEdge Users

10 Nov 2017 9:56 PM | Mark Hill (Administrator)

We are looking into the options for MYOB and Accountedge users when Making Tax Digital (MTD) comes into force for VAT in April 2019.  At the moment we have come up with five potential routes, and we would welcome your comments on these.
1. Users could approach their existing accountant to make filings on their behalf.
2. Mamut could offer a solution. If they don’t, as a commercial software seller, they are likely to face considerable trouble selling the software in the UK.  Simple Accounting would support its clients to transfer to Mamut.  However Mamut would be unlikely to offer a PC software.  This route is not the comprehensive solution that we hope for.
3. UK users could contract with the online Accountedge subscription.  Simple Accounting would then login to its clients databases and make the filings quarterly for them.
4. The MYOB User Group could use the current functionality of its website to take downloads of the key VAT report from its members each quarter.  It could then file this on the members behalf each quarter.
5. The User Group will support clients through our Dropbox file sharing.  We would either enter a copy of your database or get each client to send a report in every quarter. The totals on the report would be uploaded into a VAT return submission software.

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