Trintech's Unity XFR Solution Recognized By HMRC As IXBRL Software Provider
Trintech's Unity XFR Financial Reporting Solution has been recognized by the HMRC of the UK as an iXBRL software provider
Online, February 15, 2011 (Newswire.com) - Trintech, the leading global provider of integrated software solutions for the Last Mile of Finance, has been recognized by the United Kingdom's HM Revenue & Customs (HMRC) as a software provider of iXBRL capabilities. HMRC has mandated that all UK companies, with a year end after 31 March 2010, are required to file company tax returns online from April 2011.Company Tax Returns include statutory accounts which need to be filed in Inline (iXBRL).
"We are pleased to have gained HMRC recognition for Trintech's UNITY XFR solution and to have Trintech added to the list of iXBRL-recognized software vendors," said Paul Byrne, Trintech CEO. "This is a great milestone, further demonstrating our ongoing commitment to XBRL adoption efforts world-wide."
Tony Bethell, VP EMEA, Trintech said, "iXBRL compliance for statutory accounts can be complicated, expensive and time consuming especially when companies have the need to report multiple accounts. Trintech's Unity XFR solution, recently recognized by HMRC as an iXBRL provider, makes it easier to manage and publish multiple accounts through better automation, collaboration and control."
The UNITY XFR solution allows users to prepare, tag, collaborate and publish financial reports within a single application. UNITY XFR provides a single repository for multiple reporting entity filings and ultimately makes the accounts production process more efficient. Embedding Tagging into the Financial Reporting Process is a core element of UNITY XFR, which saves time, money and effort during revision and publishing activities. With this collaborative document management process, workflow preparers can distribute, review, and control versions and manage workloads to efficiently prepare statutory accounts.
To see Trintech's listing as a recognized provider visit - http://www.hmrc.gov.uk/efiling/ctsoft_dev.htm
About Trintech:
For more information on how Trintech can help you transform your Last Mile of Finance, please contact us online at www.trintech.com or at our principal business office in Dallas, Texas, or through an international office in Ireland, the United Kingdom, or the Netherlands.
Trintech • 15851 Dallas Parkway, Suite 900 • Addison, TX 75001 • Tel 1 972 701 9802
Trintech UK, Ltd. • 2nd Floor • 4-6 Throgmorton Avenue • London EC2N 2DL • Tel: +44 (0) 20 7628 5235
Trintech Technologies Limited • Suite 13B, Classon House, Dundrum Business Park • Dublin 14, Ireland • Tel +353 1 298 4472
Trintech • Cypresbaan 9 • 2908 LT Capelle a/d Ijssel, The Netherlands • Tel +31 (0) 10 8507 474
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Trintech Press Contact:
Dallas: Patrick Ferguson - Marketing Manager
Phone: +1 972 739-1617 - Email: [email protected]
EMEA: Carol Orr - Marketing Manager
Phone: +1 +44 (0) 207 382 0490 - Email: [email protected]
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Tags: Account Reconciliation, financial reporting, HMRC, iXBRL, Trintech, Unity XFR, XBRL