CCH OneClick provides a set of cloud tools that are delivered through two new connected workspaces; the adviser workspace, which provides new features for advisers, and the client workspace, which delivers an area for secure document exchange, document approval and messaging.
Tax advisers realise that digitalisation is inevitable. They will need to support multiple accounting packages as well as data from HMRC.
They will have to ensure GDPR compliance, meet Making Tax Digital requirements and, ideally, have access to information in a single place and while on the move.
Valued by clients
CCH OneClick has been created to become the single place from which tax advisers can obtain and process data while delivering services that are valued by clients.
CCH OneClick introduces customers to cloud tools that open up connectivity of the software with other systems.
Open Integration Programme – introduced in May 2016, it enables permanent connection between a client’s business in an online bookkeeping product, and allows CCH OneClick seamless access to live transactional data. This data can then be consumed for the clients’ other accounting activities such as producing final accounts and, when MTD goes live, for quarterly reporting. It also enables the Tax Advisor to then post back adjustments into the online accounting product.
Variety of features
Making Tax Digital – This toolset already has a variety of features even ahead of the MTD go-live date. Features include the Digital Tax Account and Quarterly Reporting. The Digital Tax Account is fully connected with HMRC through its APIs, enabling CCH OneClick to access HMRC data held for the tax adviser’s clients.
This will save a significant amount of time as it removes the need to key any data held by HMRC. Quarterly Reporting includes features including identifying the MTD client, reporting dashboards monitoring deadlines and the ability to consume data from open integration, and quarterly report. VAT filing is the next enhancement to the MTD toolset and is due for release in autumn 2018.
Client Workspace – this not only connects with the adviser workplace which allows the secure exchange of documents and messages with a tax adviser’s clients, but also enables secure document approval thereby helping to support GDPR requirements.
Important practice data
Practice Mobile – this is a mobile app (for Android and iOS) which allows access to important practice data when employees of a practice are working on the move.
Digital Data Request – this toolset solves the pain points associated with data collection and includes a mobile app as well as a web browser app coming soon. Data can be digitally provided to the tax adviser throughout the tax year making the process more efficient and also enabling the tax adviser to automatically capture data and populate the compliance systems with ease.
Claire Carter, managing director, Wolters Kluwer Tax & Accounting UK, says: “Today is an exciting day for the accountancy profession in the UK. At Wolters Kluwer, we’ve always been proud to put customers at the heart of all that we do and have been working alongside our customers to obtain critical insights and feedback to build into our product roadmap.
Delivers tangible impact
“Our cloud suite will go far beyond the provision of tools to deliver compliance services. As compliance becomes more and more commoditised, we will automate processes, and focus on innovative technology that really makes a difference, delivers tangible impact and continues to delight our customers.”
Customers can control who in their organisation has access to the data in the CCH OneClick platform and associated applications with access driven from the client list within CCH Central.