Making Tax Digital Using OAService Desktop Downloads and Other Resources

DEB, Double-Entry Bookkeeping, ideal for Startups, Sole Traders and Landlords, is now avaiable for registration and download.

The method enables you to record the relevant details of your financial transactions accurately, according the 'rules of double-entry accounting', ensuring your financial records are always kept in balance.

• DEB is a genuine digital double-entry bookkeeping application, meaning every transaction must balance before being allowed to be stored in your records. The accounting equation demands this and its the only way for you to have a true record of the financial position of your business. If you use a digital record keeping solution, you should never find a discrepancy between the Debit and Credit totals in your trial balance.

• DEB makes the double-entry part of the method easy, you only enter the transaction once and the links between debit and credit accounts are automatically created. You see each side of the transaction immediately upon entering your data. In the case of recording VAT transactions, you see how the total value is distributed between the three relevant accounts, one of these being the VAT account. You have an up-to-date view of the VAT account and know exactly what you owe or are owed.

• DEB makes tracking debt easy. If you offer a credit (invoicing) facility to customers or receive invoices for goods purchased from credit suppliers, you simply add new accounts for these customers and suppliers. Credit sales and credit purchases are then linked to these accounts automatically, while the relevant asset and liability accounts in your general ledger, the 'Receivables' and 'Payables' accounts, record the double-entry.

• DEB promotes best practise by requiring you to 'bring forward' your balance on a regular basis. On bringing forward your account balances, the records of all transactions recorded during the period are automatically stored in a pre-designated folder on your computer. These files maintain an accurate record of changes in your business records throughout the year, satisfying a very important requirement for keeping consistent records for Making Tax Digital. These files should never be modified for any reason, just stored and backed-up. You might give someone a copy from time-to-time, to provide you with other services, such as cash-flow forecasting, for example. However, other export facilities are provided for this purpose.

IMPORTANT: DEB's backend service does not provide long-term storage for your data. It provides the double-entry bookkeeping process and tools to enable you to export and keep your own data, in a very accessible format. The current version permits upto 35 transactions before requiring you to bring forward your balances. After bringing forward your balances you simply continue, recording the next 35 transactions, and so on, until you reach the annual limit (currently 840 transactions for the standard service). You can bring forward your balances at any time.

Register today to begin using Digital Double-Entry Bookkeeping

Register Here

You can register to use the service for a free trial period until 28th February, 2026. Thereafter, a license to use the service costs £135.00 per year.

Offer: If you purchase a license before 1st March 2026, it will remain valid until 30th April 2027.

After the 7th February 2026, the standard trial period will be reduced to 21 days.