Together with FreeAgent, we’ve built a meaningful API integration to make payroll refreshingly easy while keeping your accounting simple. BrightPay produces the payroll journal in a file format that is unique to FreeAgent. Users can easily upload their payroll figures into their general ledger from within BrightPay using the FreeAgent API facility.
Connecting accounting and payroll means dead-simple reconciliation and consolidated journal entries, a much needed combination. This means each time you run payroll, a wage journal entry is created to send to your FreeAgent system. The BrightPay API facility eliminates the manual export and import process, automating tedious, repetitive and time-consuming tasks.
When you sign into your FreeAgent account in BrightPay, your nominal ledger accounts will be retrieved where users can simply map each payroll data item to the relevant nominal account. The payroll journal can include records for payslips across multiple pay frequencies. Users can include individual records for each employee or merge the records for each unique date.
Payroll Journal API integration with FreeAgent offers:
Our good friends and tax software specialists, BTCSoftware, have been closely following the developments of HMRC’s Making Tax Digital programme. They have put together a handy overview which gives some background to the initiative, in particular Agent Services.
Agent Services encompasses the way accountants and tax advisers will be identified and authorised on HMRC’s systems to access client tax data and use other information facilities.
The guide is co-authored with accountingweb and also gives advice on how agents can prepare their practice and their clients for MTD’s arrival.
You can download a free copy here.