April 4, 2006

CCH Launches ProSystem P11D for New Financial Year

Announces Wise and Co as its first P11D customer

April 4, 2006
With the new financial year about to get underway, CCH is launching ProSystem P11D to reinforce its understanding of the challenges facing the accounting profession in 2006.

CCH, a leading provider of accountancy and tax software for practices of all sizes, has enhanced its integrated tax, accountancy and practice solution CCH ProSystem, to incorporate a P11D module using Microsoft .NET, demonstrating its continuing commitment to utilising the latest technologies in response to client need.

The P11D module seamlessly integrates with CCH ProSystem’s Personal Tax system and makes compliance as accurate, efficient and cost-effective as possible. Calculated benefits data can be brought directly into an employee Client’s tax return and P11D Clients can be automatically created using data already stored in the suite.

The system has been designed to mirror accountant’s workflow when processing P11Ds. The reports are produced professionally in PDF format, giving users the ability to email P11D forms and supporting schedules directly to their clients.

All of ProSystem’s modules have been created to make the accountant’s life simpler and are developed and updated through close consultation with CCH’s extensive client base.

Paula Sparrow, tax manager at Wise and Co, believes having P11D as an integrated part of ProSystem is an invaluable development due to the time savings and efficiencies created. She said: “P11D is an important part of the tax process so it makes sense that the function is fully integrated into the software we use. The module is extremely user friendly and will help us streamline our working processes as we no longer have to duplicate data input.”

Simon Brookings, CCH software sales manager, commented: “The new financial year always brings a number of challenges for the accounting profession but hopefully this is one development that will help lighten the load.

“Working in partnership with our customers has allowed us to create an integrated system that results in substantial time and cost savings as it allows them to concentrate on lucrative fee-earning work. All worries about compliance can be left behind because this is taken care of by the product.

“From here we will continue to further enhance our products to maintain our position as the leading provider of online information, consultancy and solutions for all accounting professionals.”

For further information about ProSystem P11D, please contact CCH on 01483 775070 or visit www.cch.co.uk.