KashFlow updates help SMEs focus on growth in shifting legislative landscape

 

Spring Release includes updated functionality for key business legislation and
enhanced tools for better financial management

UK small businesses are once again set to benefit from greater time-saving efficiencies with the latest updates from KashFlow, which help small business owners stay compliant with changing legislation while focusing their time on growth.

The KashFlow Spring Release today highlights key updates within KashFlow’s cloud software packages, which enable businesses to streamline their bookkeeping, accounting and payroll processes, allowing them more time to focus on their businesses. It includes:

● Greater support for pensions Automatic Enrolment
● Introduction of VAT MOSS returns creation
● Deeper integration with a select group of third party applications to strengthen the KashFlow Apps ecosystem
● The launch of KashFlow Canvass, a brand-new online user feedback and discussion forum

In January, KashFlow introduced support for the government’s VAT MOSS scheme to help small business meet the new EU VAT legislation on the sale of digital services. The Spring Release now includes an update to this functionality, allowing users to create quarterly VAT MOSS returns within KashFlow, ready to be submitted online to HMRC.

The Spring Release also includes an update to the Workplace Pensions Automatic Enrolment functionality within KashFlow Payroll, to further to assist business owners in meeting their legal obligation to provide employees with a workplace pension. The latest update in KashFlow Payroll now includes an all important communications module, which allows business owners to easily generate the necessary, legal communications they need to give to their employees based on their assessments. This enables small businesses to easily comply with the legislative requirements of Automatic Enrolment and avoid potential fines.

Additionally, the Spring Release highlights KashFlow’s Top 5 Apps, which are the third party software integrations that together provide the most value to KashFlow customers in creating efficiencies and adding value to running their businesses. The Top 5: Receipt Bank, PayPal, Tripcatcher, GearShift and GoCardless. More information about these apps can be found here.

KashFlow has also launched a brand-new online user community, Canvass, to replace the existing KashFlow Suggestion Centre. Through the Canvass platform, KashFlow users will be able to interact with the KashFlow product management team, suggest new ideas and features, and stay up to date with new product releases.

KashFlow CEO Sue Goble says:

“We’re thrilled that the Spring Launch enables our customers to focus on their business while our technology keeps them compliant. Through deeper relationships with a number of applications in our growing application ecosystem, we’re building a bigger community of innovation and addressing the particular needs of our diverse customer base. Most important of all, by launching KashFlow Canvass, we can get even closer to our customers, working with them to refine our proposition to deliver more value.”

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