Coconut

Simple accounting & tax software for your MTD ITSA clients

Coconut is a simple app that helps your MTD ITSA clients stay on top of their bookkeeping all year round—by allowing them to connect their
bank accounts, categorise their transactions, and capture receipts, bills, and invoices all in one place.

And through our Accountant Platform you’ll have instant access to all of their real-time accounting information, whenever you need it—helping you to spend less time chasing paperwork, uncover opportunities to grow revenue, and prepare your clients for MTD ITSA without lots of training or process change.

A simple app for your client

Once your client is set up on the Coconut app, they’ll be able to do all of the following in just a few taps:

• scan and save receipts in the cloud,

• categorise allowable expenses,

• send and track digital invoices,

• unmuddle different streams of property and/or self employed income,

• track cashflow month to month, and

• know how much tax to set aside.

An efficient workflow for you

And with easy access to all of your clients’ accounting information through the Accountant Platform, your practice will be able to gather, organise, prepare, and file data in a fraction of the time:

• review and recode transactions in seconds,

• easily access relevant records and receipts, and

• submit quarterly obligations and EOPS for all of your MTD ITSA clients, including those with multiple streams of income.