Who are Absolute Accounting Software?
Absolute Accounting Software Ltd was set up by accountants for accountants in January 2010.
The company was founded by Tim Good and Giles Mooney, who will be very familiar to many accountants from the CPD lecture circuit. The Sales team is headed by David Frost, and the Support team including Sarah Murray, Ashleigh Barnard and Laura Bourton have an unparalleled track record in supplying a first rate service to accountancy practices. The team’s involvement in tax and accounting software dates back to 1994 and the introduction of self-assessment.
Absolute supply tax and accounting software to over 3,000 customers ranging from sole practitioners to multi-office firms of accountants. We also work with business users who prefer to deal with us direct rather than go through third party agents.
The aim of the company is to deliver best of breed software at the most competitive prices backed up by the best support team in the market.
Many of our customers have expressed their relief and delight in the knowledge that support when needed will be provided by the best team in the industry!
Christopher Palmer - Palmers Chartered Accountants
We are taking many calls from people asking if it is still acceptable to still use spreadsheets and bridging software from April 2020
HMRCs advice for MTD software is included in VAT Notice 700/22, specifically section 4.2.3 of that notice, updated on 17th October 2019. This makes it clear that spreadsheets and bridging software can make up part of what we describe as functional compatible software. You will note in 700/21 there is no time bar on when that software can be used.”READ MORE
Another common question from our users is "What does the end of the soft landing period mean to me?"
HMRCs advice on the soft landing period is included in VAT Notice 700/22, specifically section 188.8.131.52 of that notice, updated on 17th October 2019.
This specifically refers to Digital Links, that is a Data transfer or exchange within and between software programs, applications or products that make up functional compatible software must be digital where the information continues to form part of the digital records. It goes on to say that HMRC will allow a period of time, the “soft landing period”, for businesses to have in place digital links between all parts of their functional compatible software.