Banking and Interest Charges

As well as recording the interest received on a bank account you can now record banking charges taken from your account.

This covers interest charges and transactional charges.  Go to the Banking section on the main menu and select the link "Charges".  From here you choose whether the charge was for interest or a transactional charge.  Provide the amount and date taken and select which account the charge was taken from.

Recording Interest Received

If you are lucky enough to receive interest income into one of you business accounts be sure to record the transaction on Tempo.

Under the banking section of the main menu select "Interest" and provide the amount, date and paid-to account.  Your statement and income records will be updated automatically.

Transferring Funds Between Accounts

We've just released the facility for you to record money transfers between your company accounts.

From the Banking section of the main menu select Transfers.  Choose the account From and To and enter the date and amount of the transfer.  Your statements and balances will then be updated.

Note that both the From and To accounts are updated (you do not need to record the transfer twice!).

This should be used for:

• Recording cash pay-ins and withdrawals
• Recording money moved to and from a savings accounts
• Recording when you paid off some or all of you company credit card
• Recording any transfers between your company accounts

New VAT Wizard

Calculating and filing your VAT returns is now pretty easy.  Your schedule shows when the VAT return is due and when the payment deadline is.

At the end of each period simply follow the VAT return link from your Schedule to see the figures for your latest return.

When you've paid the bill you simply follow the on-line instructions for recording the payment.

Payroll Settings

We've started developing the means for you to control your payroll settings.  You can view your current PAYE scheme details and employee settings under the new "Company Payroll" area of the main menu.

Payroll is now run automatically on the morning of your chosen payroll run date.  This adds a payslip record and an entry in your director's statement.  Soon it'll email over details and a payslip.

If you need to change the amount paid (per month or week) this can now be updated on-line.  Follow the links from the main menu.

Invoice defaults

You can now customise the style of your default invoice numbers.  Possible examples are

• INV12
• INV000012
• ABC000012
• 0012

To access these defaults use the new 'settings' option in the pop-up menu under 'Sales Invoices'.

Other settings include, default payment terms (number of days before the invoice is due) and coming soon is the ability to upload  a new version of your logo for display on the invoice.

Invoicing - Notes for your clients

We've just added the facility for including general notes (for your client) on your sales invoices.

These notes are added to your PDF invoices in a space above the Invoice Items.

Edit these notes when adding invoice items.

We've also been working on the "Account Set-Up" wizard and tweaking the general style of the site...