Product category:
Trade Associations and Standards
News Release from: Draycir | Subject: Spindle Professional
Edited by the Processingtalk Editorial
Team on 29 October 2004
Spindle Professional gets green light
from HMCE
Spindle Professional from Draycir, the best-in-class Sage compatible document management software, has received validation from HM Customs and Excise as an accredited form of electronic VAT invoicing
Spindle Professional from Draycir, the best-in-class Sage compatible document management software, has received validation from HM Customs and Excise as an accredited form of electronic VAT invoicing The approval of HM Customs and Excise is a significant development for Draycir, and means thousands of businesses can now stop posting out unnecessary VAT invoices and simply e-mail or fax them using Spindle Professional instead
This article was originally published on Processingtalk on 4 Nov 2004 at 8.00am (UK)
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Until now, VAT guidelines were unclear as to whether VAT invoices could be accepted as PDF by e-mail, and as far as Draycir is aware, Spindle Professional is the first Sage compatible document management software to be accepted by HM Customs and Excise for VAT invoicing purposes.
For businesses, the need to issue a VAT invoice through the post has now gone, with the emergence of Spindle Professional as the natural choice as an accredited e-mailable, faxable VAT invoicing system.
Robert Ball, director of Draycir, commented: "We believe Spindle Professional to be the first software of its type to be accepted by HM Customs and Excise for electronic VAT invoicing, confirming once again our commitment to being the industry leader and provider of choice in the Sage environment.
The business benefits of using Spindle Professional to send VAT invoices electronically can be enormous.
Primarily, Spindle Professional has superseded the need to post out VAT invoices, meaning that finance departments can now protect themselves from the high cost and unreliability of the postal system.
The need to use pre-printed expensive stationery has also gone, so further cost savings can be made from taking advantage of the professionally designed business forms within Spindle Professional".
Spindle Professional creates, dispatches and records items such as statements, remittance advices, invoices and confirmation of sales and purchase orders.
It creates professionally finished documents by merging information from the software with form templates such as company logos, address information, and colour graphics.
These documents are then ready for e-mailing, faxing, printing and archiving.
Spindle Professional is currently available for Sage Line 100, Sage MMS and Sage Line 50, Microsoft Navision and other accounting systems.
For further information on Spindle Professional or Draycir, please visit the website.
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