Paymex and VAT on fees update

Users will be aware that HMRC has issued a further update on the position and both Trust Deeds and Company Voluntary Arrangements now also qualify for exemption. Build 157 included an ‘IVA Fee VAT Potential Refund’ to assist users in assessing the likely recovery of VAT across their IVA caseload. We have now adapted this grid to include the facility to obtain this information on Trust Deeds and CVA’s as well.







The new PAYMEX VAT Potential Refund file is attached and can be copied to:
your network drive:\Program Files\IPS_SQL\ PracticeMenu\23 ~ Reports\Financial

RP14/RP14A – files last updated 07/11/2011

Minor revisions have been made and the latest files are attached or can be downloaded from our website. Regular checks on either our website or this forum will provide the latest updates in relation to these files.

There is also a modified RP14A Details Grid as we recently discovered that users were importing information and overwriting the Pay Day for M and M5 pay types – these should always be a Saturday of course, as will Not Knowns. We have added an additional column so that you can now see the Pay Day you have entered and the actual Calc Pay Day which will be used.

The files should be copied to
your network drive:\Program Files\IPS_SQL\CaseMenu\27 ~ Reports\ERA
to replace the existing ones

IPS Build 157 - Release Date 27 October 2011

Since the release of Build 156 in August, we have had further clarification and ruling on a number of unusual ERA situations which we have now added into our calculations. In addition the RP14/14A files have been modified as the RPS finally provided us with a testing route and the majority of uploads are now being completed successfully.

Please Note:users of Build 156 wanting to upload RP14/14A information to the RPS website before they have applied the Build 157 upgrade must get in touch with Turnkey to obtain the latest version of these files. Earlier Builds do not contain the requisite fields and so the upgrade to Build 157 will be essential. The RPS have stated in their latest newsletter (October 2011 Issue no 10) that once CHAMP is live across all RPS sites, they will not accept RP14/14a in any format other than OCR forms or IP Upload.

TPS The Future of Cashiering

Following a presentation of Transaction Processing System ('TPS') at the IPS User Group Meeting we would like to make clear that this system has been written as a direct result of large firm requirements for centralisation of their respective treasury functions. Such systems will allow cashiering staff to evolve from data entry staff to active treasury managers with an important compliance role. However we wish to emphasise that TPS is a separate chargeable bespoke module and not part of standard IPS.

IPS Portal

Users wishing to take advantage of the 2010 rule changes and upload creditor reports to the web may now use the IPS Portal, this dedicated web service provided by Turnkey will allow data and/or reports to be streamed from IPS to the web (once authorised). Page design can be customised to user specification and our staff will be on hand to guide you through the set-up and use.

For more details please contact
Darren White (operations director): darren.white@turnkey-ips.com

Build 157 Release Imminent

The next release of IPS (Build 157) is due to be released shortly, following the major changes introduced to the ERA function in build 156 this version has some further ERA enhancements as well as revised RP14 and RP14A upload files. All users will be emailed once the release is available, please ensure that this upgrade is applied as soon as practicable and contact us should you require any assistance. Remember the IPS support team can be reached on:

Turnkey Main Line: 0141 644 5444
Email: ips_support@turnkey-ips.com

Training Courses

We will be running the next session of IPS training courses starting in November with Glasgow, December we return to Manchester which proved a very popular destination and in January London courses will take place. As the Advanced Administrator course was so well received this will be repeated and the content will be updated to reflect the latest IPS developments. We hope that your organisation will take advantage of these courses. Please book early to avoid dissapointment.

Training Courses Announced

The first IPS courses for 2011 have been announced. Along with a new venue Manchester, a new advanced administrator course will also be offered that will sit between the standard administrator and guru courses. Details of the course dates have been emailed to users or alternatively they may be accessed at:

http://www.turnkey-ips.com/p_Training.aspx

New Build Released 155c February 2011

Build 155c of IPS was released on 4th February 2011, this build increases the ERA limit to £400 per week along with a number of other enhancements.

The upgrade is available at:
http://www.turnkey-ips.com/p_IPS_Downloads.aspx