In July 2015, Geniac caused quite the stir in the Accounting World when Grant Thornton announced that they were to invest up to £22m funding in the high growth start-up to access the SME accounting market. Less than 3 years later and their clients have been stunned to learn that the company is to close its doors in April 2018, as Geniac “are not making the progress we wanted”.
Sorry we missed last month's update but hopefully this months online accounting update will make up for it. Happy reading from a snowy London.
The Online Accounting Update for September is now available! Happy reading.
Have a read of our August 2017 Ecovis Online Blog to see the latest developments we are releasing to continually improve the way we work with our clients.
The July 2017 ECOVIS Online Blog is now available to keep you up to date with some of the latest developments in the online accounting world. Make sure you are getting the most out of your finance systems by keeping up with the latest functionality, and if you need and help, the Ecovis Online team are here to answer your questions.
Much has been made of the imminent arrival of HMRC’s latest digitisation project, Making Tax Digital (‘MTD’), and the impact it will have on smaller businesses and partnerships. The original proposal – to enforce quarterly digital reporting of accounting data from April 2018 - came under fierce criticism from business owners and professional bodies alike and has led to a dramatic step down from HMRC.
Each month the Ecovis Online team takes a look at the developments taking place in the SaaS market including accounting and reporting. To see what's happened this month, take a look at this blog.
A very warm Thursday 6th July saw 5 members of the Ecovis team take part in the J.P Morgan Corporate Challenge in Battersea Park.
Ecovis Wingrave Yeats are joining forces with Metro Bank and Barlow Robbins to bring you a Q&A panel on the impact Brexit will have on SMEs.
At the start of April, the new tax year, there was a change to the earnings thresholds that many employers use for auto-enrolment. This means there is a new ‘qualifying earnings’ (QE) band to use when calculating auto-enrolment contributions. Read on to find out what this means for you.
Today’s volatile PEST environment may be just the opportunity needed for SME’s to streamline corporate employee payments and cultivate a leaner business model. Read on to find out why.