BTCSoftware is delighted to announce the introduction of a Charity Template to its Accounts Production products – AP Solution and AP Solution 30
The Template is designed to help charities who are registered as companies under company law (charitable companies), and their accountants, comply with:
- the reporting requirements of company law, and
- the requirements of the appropriate Statement of Recommended Practice (SORP) published by the Charity Commission.
Reporting and SORP compliance
The Template applies to small charitable companies using FRSSE 2015 and enables them to meet the disclosure requirements of the Charities SORP for the Financial Reporting Standard for Smaller Entities – FRSSE SORP. In particular it enables accountants to produce the following:
- A Statement of Financial Activities (SOFA)
- A summary income and expenditure account
- Analysis of the charity’s income and expenditure across various funds
- Analysis of the charity’s restricted, unrestricted and endowment funds
- Analysis of different sources of income e.g. donations, trading, legacies and investments
Simple and intuitive
The template shares the same format and approach as other BTCSoftware accounts production templates. It is therefore simple and intuitive to use and is driven by entries in the extended trial balance and other data entry sections. With the Charity Template, accountants can also detail the names and purposes of the different funds. For those charities who have to file corporation tax returns, the template also integrates with BTCSoftware’s Corporation Tax software.
For existing AP Solution customers the Charity Template comes as a free update. For prospective customers there is the opportunity to take out a 15 day free trial.
15day free trial and further information
This affordable, simple and intuitive software is currently available for an annual license of our AP Solution 30 (which allows for up to 30 sets of accounts). Alternatively, you can currently purchase an annual license of our AP Solution (which gives the capability to produce unlimited sets of accounts).
You may also be interested in upgrading to one of our Solution Suite packages, this combined package includes Practice Manager, Self-Assessment, Corporation Tax and Accounts Production.
To find out more, or to arrange a 15day free trial, please contact the Customer Care team on Freephone 0800 612 7650 or email CustomerCare@BTCSoftware.co.uk. Full terms and conditions can be found on our website.
