iXBRL

Options
JodieR
JodieR Registered Posts: 1,002 Beyond epic contributor 🧙‍♂️
in General accounting discussion
I guess the time has come for me to stop preparing accounts in excel and buy proper accounts production software that will produce accounts in the required iXBRL format. I currently use Ftax to file Corporation Tax returns so I just need something to prepare the accounts with.
What's everyone else using?

Comments

  • ademoore
    ademoore Registered Posts: 146 Dedicated contributor 🦉
    Options
    I have the latest VT with IXBRL, however havent done the first one with it yet, that's my weekend's worth of working :(
  • Monsoon
    Monsoon Registered Posts: 4,071 Beyond epic contributor 🧙‍♂️
    Options
    VT goes really well with FTax and I think FTax is designed with VT in mind.

    I've not tried the iXBRL function yet but I assume it is as simple and effective as the rest of VT!
  • JodieR
    JodieR Registered Posts: 1,002 Beyond epic contributor 🧙‍♂️
    Options
    thanks, I see VT does a free trial as well so i'm going to give it a try :)
  • GinnyBee
    GinnyBee Registered, Tutor Posts: 131 Dedicated contributor 🦉
    Options
    JodieR wrote: »
    thanks, I see VT does a free trial as well so i'm going to give it a try

    I've just downloaded mine - off to give it a whirl now :)
  • BCASL
    BCASL Registered Posts: 64 Regular contributor ⭐
    Options
    I've done a handful of iXBRL submissions with VT iXBRL attachments now, all have been fine. The only problem is that VT aren't yet on the HMRC approved list, but this doesn't affect submission.

    Out of interest, VT say they will be adding a ct return function next year as part of the package - excellent!

Categories

Privacy Policy