Knowledge Base

MTD VAT Bridging Acxite is HMRC-recognised software designed to help businesses and accounting professionals manage records and submit VAT returns. In addition to its full accounting solution, Acxite provides a Bridging solution for users who maintain their records in spreadsheets but still need to submit their VAT returns through Making Tax Digital (MTD). This guide

MTD IT Bridging Acxite is HMRC-recognized software designed to help businesses and accounting professionals manage records and submit tax returns. In addition to its full accounting solution, Acxite provides a Bridging solution for users who maintain their records in spreadsheets but still need to submit their Income Tax returns through Making Tax Digital (MTD). This

File MTD IT Quarterly Update for Foreign Property Acxite is HMRC-recognised software that helps businesses and accounting professionals manage records and submit tax returns. In addition to its full accounting solution, Acxite also provides a Bridging solution for users who maintain their records in spreadsheets but still need to submit their returns through Making Tax

Understand Income Tax Mapping Acxite simplifies your Making Tax Digital (MTD) for Income Tax reporting by mapping your recorded income and expenses to the relevant HMRC tax boxes. By configuring your Income Tax mappings, you can ensure that your Chart of Accounts categories are assigned correctly and that the figures in your quarterly update are

Record A Payment Against a Bill or Invoice in Acxite Recording a payment against a bill or invoice in Acxite is now much simpler. Previously, Acxite required a single combined document for both the invoice and the payment. As a result, the invoice and payment could not be managed separately. Prerequisites Before you begin, ensure

MTD VAT or IT Bridging Acxite is HMRC-recognised software designed to help businesses and accounting professionals manage records and submit tax returns. In addition to its full accounting solution, Acxite also provides a Bridging solution for users who maintain their records in spreadsheets but still need to submit their returns through Making Tax Digital (MTD).

Understand the Different Modules Acxite is designed to make accounting feel simple and organised. Instead of working across multiple tools, you can manage all your financial documents in one place. The platform is divided into modules that cover purchases, sales, bank statements, supplier reconciliation, and other documents, each built to handle a specific part of

Set Up Conversion Date and Balances in Acxite Getting started with a new accounting system is a significant step, and Acxite makes it straightforward. This article will guide you through the crucial process of setting up your conversion date and opening balances in Acxite. Prerequisites Before you begin, please ensure you have the following: Understand

Generate Basic Reports Acxite’s intelligent document processing automatically extracts data from your uploaded bills, receipts, sales invoices, and other financial documents. This not only streamlines your bookkeeping but also empowers you to generate comprehensive reports directly within the platform. These reports allow you to quickly analyse your business’s financial performance, evaluate costs and revenue, and

Overview of Bank Statement Module Acxite’s bank statement processing module provides a streamlined approach to managing your business’s financial transactions. This core feature within the Acxite accounting platform automates the extraction, review, and categorisation of data from your bank and credit card statements, ensuring accurate and effortless bookkeeping. By leveraging advanced data extraction and validation,