Making Tax Digital

As you will no doubt be aware, Making Tax Digital for VAT Returns commences on 1st April 2019. As a result, you are required to submit your VAT returns electronically via HMRC compatible accounts software for your first full VAT quarter after 1st April.

Teleos is a clinical sales ledger, not a full accounts package and it provides many features not available in standard accounts packages. However, the way in which you record your purchases and run a Nominal ledger are the same as any other business. For that reason, Teleos will never produce a Purchase or Nominal ledger – as you can use an off-the-shelf package recommended by your Accountant. As your Accountant will be totally familiar with this package, it also takes less time (and cost less), to produce audited accounts.

All of the major off-the-shelf accounts programs are already HMRC compatible for VAT purposes.

Because you do not submit your VAT returns directly via Teleos, there is no requirement for the program to be compatible with the HMRC system. However, Teleos does produce and maintain sales and VAT figures, and there is a requirement for these totals to be passed via a ‘digital link’ into your accounts package. It will no longer be acceptable to simply make a note of the Teleos generated figures and then retype them into your accounts package. However, it should be noted that this does not have to be done this year – as there is a ‘soft landing’ period of 12 months to establish a link with whatever program you use.

The facility for Teleos to export files into a CSV format for Sage Accounting Software has been in the program for many years. The ‘Export To Sage’ options can be found in Admin -> Accounts. You have three options to choose from; Summary, Detailed or Cumulative and they all produce a csv file automatically.

Some further development time has been allocated to make the output configurable, so that any accounts package can import the relevant sales and VAT figures to make it compliant with HMRC’s requirements. A further notice will be issued when this facility is available.

Effective Dates

1st April 2019       –              You must submit your VAT return via HMRC compatible software.

1st April 2020       –              Teleos must be linked digitally to your HMRC compatible software.

 

Further Information

If you require any further information, please contact your Accountancy Practice in the first instance.

Further guidance has been issued by HMRC:-

https://www.gov.uk/government/publications/vat-notice-70022-making-tax-digital-for-vat/vat-notice-70022-making-tax-digital-for-vat

Teleos and Brexit

With the continued uncertainty surrounding the UK’s exit from the EU on 29th March 2019 we have been planning, so far as any business can, to mitigate the effects of all possible outcomes. Our clear objective is to maintain a high level of customer care with minimum disruption, irrespective of the exit scenario.

There are a number of products and services that we supply to our clients that have been subject to review:-

1. Software Support
We do not foresee any issues with our ability to continue to provide support services, irrespective of your location. Obviously this is of greatest concern to our Irish and Norwegian clients, but it is extremely unlikely that there will be any interruption to broadband services across the globe.

2. Cloud Servers
A number of Teleos users run on cloud servers. The servers that we use are physically based in France, so there is no issue for our Irish practices. Whilst we do not believe that there will be a post Brexit issue for UK practices, we are continuing to monitor the situation and will move UK based practices to UK based cloud servers should the need arise. It should be noted that there may be a cost in doing so in higher rental and setup charges.

3. Hardware Supply
In the event of a no deal Brexit, it is envisaged that there may be significant delays shipping physical goods in and out of the UK. If we revert to WTO tariffs then it is likely that additional costs will be incurred. In fact, we have already seen quite sizeable increases in the cost of Dell hardware in particular, and other suppliers will inevitably follow suit. Whilst we will try and absorb some of these additional costs, it is inevitable that prices may rise by up to 10%.

We are in the process of increasing our stock holdings in case of supply issues. However, it is obviously recommended that, if you know that you are likely to need additional hardware, you let us know well in advance of March 29th.

Clients based in Ireland will be most affected, particularly if the border issue is not resolved. In the worst case scenario, clients can always source hardware locally and Teleos staff can configure it remotely.

4. Dispensing Label Supply
We recognise the need to keep a constant supply of dispensing labels available. We have been using the same manufacturer for the best part of twenty years and many of their raw materials come from within the EU. They have already had assurances on supply and are holding larger stocks of raw materials themselves.

We have never had a supply issue in the past 20 years as the manufacturer keeps a rolling 3 month stock at their warehouse for monthly call-off. However, as a precautionary measure, we are now having a further batch of labels manufactured and will keep a 6 month rolling supply. We have not been advised of any increases in raw material costs but again, WTO tariffs may well come into play at some point.

If you are in the Republic Of Ireland, it is highly recommended that you order dispensing labels well in advance of when you need them. It might be an idea to keep some spare rolls of labels as a contingency.

We are continuing to monitor and review the situation and will make further announcements as and when required. Please do not hesitate to contact us if you have any immediate concerns.

SAVSNET

Teleos are working in partnership with The Small Animal Veterinary Surveillance Network (SAVSNET) based at the University of Liverpool to support research using veterinary big data collected from consultations.  We would like to encourage Teleos practices to consider joining SAVSNET which collects data through a window that appears at the end of each consultation – just one click is required to indicate the main reason why the animal came to the practice.  In 10% of consults, a short multiple choice questionnaire is asked which is typically five questions. Practices who join can claim 40 points towards the RCVS Practice Standards Scheme and will all receive an online secure bench marking site called the SAVSNET portal.  CLICK HERE FOR INFO is an overview of SAVSNET and some slides showing the current SAVSNET portal

It is not compulsory to join SAVSNET and if you would prefer not to be contacted by the SAVSNET team, please let us know. Otherwise, the SAVSNET team will start making contact soon.

We hope that you will support this initiative which has just celebrated it’s 10th birthday and is producing some useful research for the veterinary profession.

Get up to date with Teleos at the System Manager course in December

A limited number of places are still available on the next System Manager course being held in Fort Dunlop on 11th/12th December.

The course is designed to enhance your knowledge of the system and use it to greater effect in your practice. Topics covered on this two day course include:-

  • Terminal Server Administration; Local and Cloud based
  • System and Cyber Security
  • Program setup options
  • Teleos New Modules
  • Client communication techniques
  • Customising work entry scripts
  • New Features and things you might have missed
  • KPI Dashboard & Management Reporting
  • GDPR
  • Stock Control & Ordering
  • Pet Health Plans

So, if you are a new user of Teleos or would like a refresher and update on new features, book your place now!

For further details please contact Louisa on +44 (0)1480 393604 or email louisa-hewitt@teleosvet.co.uk

 

GDPR Webinar

As you will know, Teleos has implemented a number of features to help you become GDPR compliant. We have published a number of handout sheets explaining our implementation of these new regulations, which become law on 25th May 2018 (see previous posts).

We have heard and seen all sorts of incorrect advice being offered to the Veterinary profession, some of which blatantly flies in the face of what GDPR sets out to achieve.

If you have not yet done anything then don’t panic!  There are no issues with continuing to send treatment and appointment reminders as you do now, as you have a ‘legitimate interest’ in doing so.

If you haven’t started your GDPR journey then you may want to sign up to the Connected Vet Academy Webinars CLICK HERE

If you have any Teleos specific queries then please email GDPR@teleosvet.co.uk

 

**Recent Windows Update – PLEASE READ**

Due to a recent Windows update pushed automatically by Microsoft we’re getting a high volume of calls with clients unable to login to their servers, the error is to do with missing login credentials. This is a bug since the update and as a result the login details need to be re-set or re-added.

With over 4000 computers using Teleos our support lines are currently being overwhelmed with calls, if you can’t get through please leave us a message with the details of the computer and we’ll get to you as soon as possible.

GDPR and Teleos IMPORTANT INFORMATION

The new General Data Protection Regulations come into force on 25 May 2018. Your practice is probably already looking at what you need to do to ensure compliance. These changes affect every business in the EU so it is important that you get your business up to speed.

We are currently reviewing all of our data protection policies and support contracts and you will receive these in due course. You will need them for your own compliance.

We have already made some changes to the Teleos program which will assist in your own compliance. Further details are available in this document GDPR and Teleos

Subject to Teleos support staff having access to your system on Saturday 17th February 2018, we will upgrade all practices to the new program build. However, if your Teleos financial account is not in good order then we reserve the right to withhold the update.

If you have any queries regarding GDPR then please email GDPR@teleosvet.co.uk in the first instance.