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    Accounting Software Booklet LLOyds

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    h.kausar.sheff

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    © All Rights Reserved
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    Accounting Software Booklet LLOyds

    Uploaded by

    h.kausar.sheff
    13 views2 pages

    Original Title

    AccountingSoftwareBookletLLOyds

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    © © All Rights Reserved

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    PDF, TXT or read online from Scribd

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    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    13 views2 pages

    Accounting Software Booklet LLOyds

    Uploaded by

    h.kausar.sheff

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    INFORMATION BROCHURE

    This brochure outlines the key features and functionalities of the Service provided by the Lloyds Bank Business Finance
    Assistant. You should read this document in conjunction with the terms and conditions which apply to the Lloyds Bank
    Business Finance Assistant Service.
    Any words which are capitalised within this brochure have the same meaning as the definition given in the associated terms
    and conditions for the Service provided by the Lloyds Bank Business Finance Assistant.
    Please note that the Lloyds Bank Business Finance Assistant tax returns submissions feature is designed for
    businesses that operate exclusively in the UK. The Service is therefore not suitable for businesses that operate, or buy or
    sell goods, internationally.
    In order to benefit fully from the Lloyds Bank Business Finance Assistant, we recommend you use the latest version of your
    internet browser available (e.g. Chrome, Safari, etc.). Certain features and functionality of this Service may not be supported
    by older versions of your internet browser.
    1. The Packages
    The following table summarises the key aspects of the Service we will provide to you, and provides detail in relation to the
    key features and functionalities.

    Key Features

    Overview dashboard
    • This is your user interface which you can use to view favourite features such as your recent incomings and outgoings, your cash flow, customers, products and
    services, invoices and expenses. Everything you need to know about how your company is performing.

    Bookkeeping and reporting


    • Shows the different activity that has taken place on your account(s). This includes profit and loss and other accounting reports, invoicing trends, payments
    breakdown, top products, services and customers.
    • Your transactions can be automatically categorised and reconciled, saving you time in managing your accounts.

    Accountant and user access


    • Provide access to your accountant so they can view information on your account and help prepare your tax returns.
    • Create multiple user profiles to allow other members of your organisation to access your Business Finance Assistant account, defining different access levels
    depending on their role in your organisation.

    Cash flow forecasting


    • Forecast your businesses future cash flow using information from your company incomings, outgoings and bank account transactions.

    Quotes
    • Create professional looking quotes, email them to your customers and easily convert them into invoices.

    Invoices
    • Create professional looking invoices, email them to your customers, track when they have been successfully paid and send reminders if you require.

    Expenses (OCR)
    • Upload your receipts or photo-capture them using your device’s camera. Our Optical Character Recognition (OCR) technology imports all of the details for you.

    Customers and suppliers


    • Manage all of your customers and suppliers in one place including tracking your quotes, invoices and expenses.
    Key Features continued

    Tax return submissions


    • This allows you to automatically calculate your VAT liabilities based on your inputs so you can set aside the appropriate funds to pay your tax. It also supports
    digital VAT submissions to HMRC, so you can be compliant with Making Tax Digital (MTD) rules.
    • Transactions with a place of supply for VAT purposes, that are outside of the UK, should not be reported in the UK VAT return and if such transactions are
    captured within your account, you must ensure these are excluded from the UK VAT return.

    User alerts
    • This allows you to automatically set up alerts, for example, to prompt you to remind your customers to pay outstanding invoices.

    2. Fees and charges


    For customers whose free trial period started before 2nd December 2020, they can try our service for the first 6 months for
    free via our introductory offer. For customers whose free trial period started on or after 2nd December 2020, they can try
    our service for the first 3 months for free via our introductory offer. After this, you will be prompted to subscribe, if you have
    not done so already, to continue to access the Service at a cost of £5 per Lloyds Bank Business Finance Assistant Account
    per month.
    Your monthly charge will start on the date your subscription commences and recur on a monthly basis thereafter until
    termination. You should refer to clause [16] of the terms and conditions for the Service provided by the Lloyds Bank
    Business Finance Assistant for details of termination.
    You should refer to clauses [5] and [15] of the terms and conditions for the Service provided by the Lloyds Bank Business
    Finance Assistant for details about your obligation to pay the fees and charges detailed in this brochure and our rights to
    vary them.

    Our service promise


    If you experience a problem, we will always try to resolve it as quickly as possible. Please bring it to the attention of any member of staff.
    Our complaints procedures are published at lloydsbank.com/business/contactus

    Please contact us if you’d like this information Important information


    Lloyds Bank plc. Registered Office: 25 Gresham Street, London EC2V 7HN. Registered in
    in an alternative format such as Braille, large England and Wales No. 2065.

    print or audio. We are authorised by the Prudential Regulation Authority, and regulated by the
    Financial Conduct Authority and Prudential Regulation Authority under Registration
    number 119278.
    If you have a hearing or speech impairment you can use Relay UK.
    Eligible deposits with us are protected by the Financial Services Compensation Scheme
    More information on the Relay UK Service can be found at (FSCS). We are covered by the Financial Ombudsman Service (FOS). Please note that due
    relayuk.bt.com to FSCS and FOS eligibility criteria not all business customers will be covered.
    Lloyds Banking Group is a financial services group that incorporates a number of brands
    Calls may be monitored or recorded in case we need to check we including Lloyds Bank. More information on Lloyds Banking Group can be found at
    have carried out your instructions correctly and to help improve lloydsbankinggroup.com
    our quality of service. Please note that any data sent via email is not
    secure and could be read by others.
    COMM00206 (11/20)

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