IRIS Keytime
IRIS Keytime provides a straightforward system integrating tax, accounts, and practice management in one place. This affordable solution for smaller accountancy practices enables users to effectively handle key compliance work.
Cost-effective accountancy software for smaller businesses
Accountants in small practices have been benefiting from IRIS Keytime’s fully compliant, user friendly software, for more than 30 years. This cost-effective solution makes life easier for accountancy professionals with high performing features that are straightforward and integrated.
Providing a system that’s simple to run, with a straightforward tax return interface, IRIS Keytime integrates tax, accounts and practice management in one place. Offering a broad range of modules, it helps you to offer a complete service to clients.
The IRIS Keytime modules:
Practice Manager
Accounts Production
Company Secretarial
VAT Filer
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Accounts production
IRIS Keytime Accounts Production is designed to take you from the trial balance to final accounts quickly by making iXBRL compliance automatic and submitting directly to Companies House.
Send data and attach accounts seamlessly to Corporation Tax or Personal Tax, as well as submitting accounts directly to Companies House.
Provides straightforward final accounts for:
- Small limited companies
- FRS 102 S1A and FRS 105
- Micro-entities and sole traders
- LLPs and Partnerships
IRIS Keytime did what it said it would do – it is such a straightforward system, suited to what I need, that I feel I’m getting the most from it. When I speak to other accountants about software, I advise that this is ideal for small practices.
Gary Ferdinandi, MD at Your Accountants Ltd
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Personal Tax
IRIS Keytime Personal Tax allows you to enter your clients’ figures quickly and accurately either using our rapid data entry screens or directly into the tax return boxes, so you spend less time form-filling.
Your clients want to know how much they have to pay, so we include a comprehensive calculation summary and a range of reports for you to use.
Personal Tax helps you:
- File online to HMRC with pre-filing validation built in
- Bring data from your clients’ digital tax accounts
- Clearly see and opt to utilise the information already held by HMRC when completing the clients’ returns
- Easily calculate Capital Allowances
- Drill down to resolve submission errors
“Overall IRIS Keytime has saved us time, money and aggravation! And when we have ever needed them, the support team is always there and helpful, going the extra mile and help put things right.”
Gary Ferdinandi, MD, Your Accountants
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Corporation Tax
IRIS Keytime Corporation Tax provides seamless automation of CT600 returns, iXBRL computations, and iXBRL accounts online to HMRC, all from integrated accounting data. This means reducing errors and increasing productivity.
You can complete tax returns with ease, with features including:
Online filing to HMRC including attachments and amended returns
Sharing the return and gaining approval from clients using IRIS OpenSpace.
Attach iXBRL accounts from Keytime Accounts Production or third-party software
Create CT600s with support for supplementary pages A – KWhen you work on your own without a team around to solve software issues, good customer support is like gold dust. So, when you experience it – as I have with IRIS Keytime – you remember it.
Malcolm Harrison Heritage Accountancy & Taxation Services
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Practice Manager
Planning, tracking, managing, and controlling staff, clients, jobs and communications, becomes a smooth and streamlined process, thanks to IRIS Keytime Practice Manager, which acts as the hub of your firm.
It is feature-rich and is available at three levels including company secretarial functionality as an option.
Practice Manager adds comprehensive deadline tracking, timesheets, reporting and communication tools to make it easier to run your practice and delight your clients, without it becoming a second job.
The straight-forward nature of Practice Manager means I use it for different activities, from job lists and timesheets, to billing and charge out rates. You can easily set up different billable rates for different jobs and this degree of flexibility is really useful. I really do rely on it.
Nichola Ashman, Owner of Ashman Accountancy Solutions in Dorset
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Company Secretarial
IRIS Keytime Company Secretarial allows you to carry out company secretarial duties quickly and easily.
The system is easy to use, accurate and fast – using data previously entered minimises new data entry to reduce inaccuracies.It help you to:
- Avoid late filing penalties
- Synchronise existing company records with the data held at Companies House
- Import filing deadlines directly from Companies House
- Automatically roll forward deadlines
Overall IRIS Keytime has saved us time, money and aggravation! And when we have ever needed them, the support team is always there and helpful, going the extra mile and help put things right.
Gary Ferdinandi, MD at Your Accountants Ltd
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VAT Filer
When bookkeeping software does not meet your complex VAT cases, IRIS Keytime VAT Filer, our bridging software, enables you to make VAT submissions to HMRC with ease and helps you comply with Making Tax Digital (MTD) mandates.
It automatically connects to HMRC, allowing you to import VAT data from various sources and submit directly to HMRC.
It helps you to:
File VAT returns online for all of your clients
Retrieve client data such as previous submissions made under MTD, current VAT obligations, liabilities due, and payments already made
Make your clients’ submissions much more straightforwardIt is such a user-friendly system that I get an awful lot out of it, I can adapt it to suit my firm and I save a huge amount of time.
Nichola Ashman, Owner of Ashman Accountancy Solutions in Dorset
Key features
Easy tax compliance
With IRIS Keytime’s Personal Tax module, you can enter your client’s Self-Assessment figures quickly and accurately, either using the rapid data entry screens, or directly into the tax return boxes, so you spend less time form-filling. The Corporation Tax module enables you to easily prepare and file CT600 returns, iXBRL computations and iXBRL accounts online to HMRC.
Simple to use
IRIS Keytime is designed to be a system that’s simple to run, with a straightforward tax return interface, which integrates tax, accounts and practice management in one place.
Ease burden of admin
Company Secretarial enables you to download company records directly from Companies House and create them in Practice Manager. You can also synchronise existing company records with the data held at Companies House.
Straightforward final accounts
Accounts Production is designed to take you from the trial balance to final accounts quickly, to make iXBRL compliance automatic and to submit directly to Companies House.