Knowledge Base

Manage VAT/GST Rates Acxite simplifies your bookkeeping by automating expense tracking in real-time. The system can automatically calculate VAT amounts from bills and receipts during data extraction. To ensure accurate VAT/GST processing, it is crucial to configure Acxite with the correct VAT/GST settings. Option 1: Manually Set VAT Status for Automatic Rate Creation If you […]

MTD Income Tax Submission Acxite streamlines your Making Tax Digital (MTD) for Income Tax by automatically preparing your quarterly updates from your recorded paperwork. By simply uploading your invoices, bills, and receipts, Acxite’s powerful data extraction engine converts them into digital transactions. From there, you can review your summary, finalise the figures, and submit your

Set Up New Business/Practice  In Acxite, all records and submissions are linked to a Business. A “business” can be a registered company, sole trader, partnership, department, or charity. Setting up a business correctly ensures accurate VAT and ITSA submissions and keeps your accounting records consistent.  This article explains how to add a new business in

MTD VAT Submission Acxite simplifies your Making Tax Digital (MTD) for VAT filing process by automatically calculating your VAT return figures from your recorded invoices, bills, and receipts. Once your data is in Acxite, you can review, finalise, and submit your return directly to HMRC in a few simple steps. This guide will walk you

Connect Acxite to HMRC Streamline your tax filing by connecting your Acxite account directly to HMRC. This secure connection allows you to submit Making Tax Digital (MTD) for VAT and Income Tax Self-Assessment returns in just a few clicks, saving you time and reducing manual errors. Pre-requisites To ensure a smooth connection process, please have

Overview of Business Dashboard  The Acxite dashboard provides a bird’s-eye overview of your business activities, and if you enable Receipt Bot, you also get real-time automated bookkeeping. The dashboard highlights key financial metrics, shows trends, and summarises the status of document processing so you can quickly identify tasks requiring action for accurate VAT and Income

Overview of Acxite navigation  As part of the Acxite user experience design, we aimed to make the application user-friendly and intuitive. That required a balance between simplicity and easy availability of the right tools and options to the users. This article discusses the User Interface (UI) objects and how to access various app features.  The

Invite clients & staff members  Acxite offers a variety of user management features to help account owners and admins efficiently manage their organisation or practice.  This article briefly outlines the essential functions available for managing staff members in Acxite. If you want to manage your clients in Acxite, please refer to the following article: Manage

Manage Notifications & alerts  Notifications and alerts are crucial for staying organised and making sure you never miss important updates or information. Acxite sends only relevant email notifications to you, communicating essential account-related information. You can receive these notifications by email or directly in the web portal.  In this help article, we will discuss the

Archive a Business or Delete Account  If you’ve decided to stop using Acxite, you can follow this guide to delete your account. Before doing so, account owners need to archive all active businesses to complete the process. Please note the difference between the two actions: Important: Before proceeding with either option, we strongly recommend exporting