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Follow on Google News | Sapphire Launches iXBRL for SunSystems and SAP Business OneiXBRL solutions powered by Arkk Solutions available exclusively from Sapphire
By: Sapphire Systems plc From 1 April 2011, HMRC will not accept paper based company tax returns, accounts and computations for accounting periods ending after 31 March 2010. Companies and organisations will have to submit their accounts and returns online and pay any corporation tax and related payments due electronically. With the April 2011 deadline fast approaching the race is on for organisations to get themselves up to speed with the new reporting standard iXBRL (Inline eXtensible Business Reporting Language). Sapphire Systems, the global leading provider of Infor FMS SunSystems and the largest reseller of SAP Business One in the EMEA region, will exclusively provide iXBRL adaptors powered by Arkk Software Solutions, specifically for the Infor FMS SunSystems and SAP Business One solutions. David Singh, Sales & Marketing Director at Sapphire commented, “Over the past 6 months we have had an increasing number of inquiries from our customers about iXBRL and how SunSystems and SAP Business One will address the online filing issue. We carried out our own research and it is true to say that many accounting software authors do not have an offering; we therefore decided to address the issue directly. In Arkk Solutions we have found a software partner that has a comprehensive and cost effective offering - that is HMRC recognised and ready to go”. iXBRL for Infor FMS SunSystems, and SAP Business One, is a modular application that takes output from the Vision reporting suite and attaches the HMRC reporting tags through a comprehensive set of taxonomies (classifications) Sapphire will be running a series of webinars and seminars to showcase iXBRL for Infor FMS SunSystems and SAP Business One. The event program starts on 17th June 2010, when iXBRL for SAP Business One will be showcased at Sapphire’s annual SAP Business One Customer User Day. Richard Metcalfe, iXBRL Project Director at Arkk Solutions, said “We are delighted to be working with Sapphire to bring SAP Business One and SunSystems users a complete, affordable solution for filing their tax returns.” Steven Wright, Senior Business Development Manager at Sapphire, concluded, “We anticipate a high demand for iXBRL information and take up for places at our events. iXBRL is coming up fast on the radar of many finance professionals and there is an information gap when it comes to what is out there, we aim to plug that gap”. iXBRL Seminar for Infor FMS SunSystems Users Date: 7th July Time: 09.30 – 11.30 Venue: Sapphire’s London Office, EC3 Agenda & registration: iXBRL Webinar for Infor FMS SunSystems Users Date: 18th August Time: 10.30 – 11.30 Agenda & registration: http://www.sapphiresystems.com/ http://www.sapphiresystems.com/ # # # About Sapphire Systems plc Sapphire is an SAP Gold partner – number one for SAP Business One in EMEA, the worlds leading reseller of SunSystems, and a leading Wax Digital partner. Since 1986, Sapphire has offered customers wide-ranging practical expertise in selecting and implementing advanced financial accounting and business management solutions and today provides software, services and support for over 650 customers worldwide from their offices in the UK and USA. Sapphire is a founder member of the British Application Software Developers Association and was one of the first signatories of the BASDA Green Charter. http://www.sapphiresystems.com End
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