We’re excited to announce the release of version 4.5 of our web based platform, FCP Agent. This version brings key updates to our “FCP Agent Banking” and “Making Tax Digital (MTD) with RENT+” plugins. This latest upgrade offers enhanced integration between banking platforms and tax processes, streamlining financial management for property managers. With these powerful tools, users can easily manage their accounts, simplify digital tax submissions, and stay compliant with HMRC’s MTD requirements—all within a seamless, user-friendly interface. Explore the new features and experience a more efficient way to manage your accounts across all property portfolio’s.
FCP Agent Banking
Staying on top of finances is a crucial part to success within the letting and management sector. With FCP Agent banking, we make it easy. If you weren’t already aware, this plugin gives you the power to;
- Import transactions directly from your bank account to your RENT+ software. Making transaction entry and reconciliation a breeze while also saving you hours of time across your working week.
- Export transactions from RENT+ to your bank account, automating real life payment routines and eliminating the margin of human error.
- Match tenants to payments in using our on-board learning algorithm which analysis payment references and descriptions, pairing them to your RENT+ software.
All housed on our web based platform, FCP Agent. Now, with FCP Agent 4.5, your user experience is enhanced further with updates directly to FCP Agent Banking and more. Features and enhancements that you can expect to see include;
Enhanced Reporting
Throughout FCP Agent Banking, you are given an array of reports to summarize your transactions in a digestible manner. These reports have been updated to include more detail about your transactions such as sum totals, improved ordering to match your bespoke selections, clearer displays of imported and pending transactions and more.
Onboard Assistance
Throughout the platform, you will now find helpful tool tips and tutorials to assist you through all processes that you have available within this plugin. Need further assistance? We are always on hand which is why you can now find our contact information in more areas for quicker assistance anywhere, anytime.
We want to offer the best and most efficient support to any of you queries which is why we have introduced data points throughout your portal assisting our support technicians in understanding your queries quicker. It is important to note that these data points do not track information specific to you or your clients, but rather actions throughout your portal which highlight areas for our support technicians to investigate.
Bespoke Import Lists
It’s your portal and we want you to feel that way. That is why we have taken your feedback and enhanced your charge type selection by giving you the ability to order your charge types, prioritising those types that you use on a day to day basis. We hope that this not only makes your portal more bespoke to your business and processes, but also reduces the margin of human error when using FCP Agent Banking.
Usability Improvements
The freedom of choice is always a positive, but it can get in the way. That is why, following feedback from our clients, we have gone through the most used processes of FCP Agent Banking and made all of the available features more focused on the current procedure that you are actioning. This means that you can expect no interruptions when carrying out your processes without the temptations of other powerful areas of this plugin.
Learning Algorithm Updates
Inline with an everchanging scope of banking portals, we have updated our learning algorithm to read data passed through from banking portals quicker and more accurately. This includes the new use of additional characters from major banking portals and how FCP Agent Banking presents the data to you, improving the user experience. Further to this, these updates include how our algorithm writes to banking portals reducing loading times on external sites through your produced import files.
With prices starting from as low as £5 per month, and free demonstrations available at any time, streamlining your financial tasks has never been easier. Contact us today to find out more!
Making Tax Digital
Although this digitised initiative has been a necessity since April of 2022, we still feel that we can make valuable updates to your portal making your tax returns not only easier and more efficient, but also bespoke to your business. This ensures that you can cater to the exact accounting procedure that you need all while staying within our automated plugin.
HMRC Evaluation
To ensure that the products that we offer remain inline with HMRC and government requirements, we have undergone an evaluation from HMRC and are very proud to announce that we have passed with flying colours. Although this has come with no surprise to the Focus Micro Systems Team, we would like to reiterate that the accounting packages that we offer are always reviewed by external bodies, ensuring that by extension you and your business are compliant when using any of our packages including MTD With RENT+.
Formats
If you were not already aware, our MTD solution works inline with the data entered in RENT+. The automated calculations can be run across a choice of 7 formats, including but not limited to:
- Company VAT Return (Cash / Accrual)
- Per Property VAT Return (Cast / Accrual)
- Per Landlord VAT Return (Cash / Accrual)
- True Manual Return
Bespoke Formats
If your accounting type is not shown above, it’s not to worry as we can make our MTD solution work with you. Our updates to the portal give us the power to work with you and your business to craft a VAT return procedure that tailors the results to your accounting type while maintaining the automated efficiency that our portal offers. Get in contact with the support team today to find out how we can tailor our solution to you.
With prices starting from as low as £13.75 per month, and free demonstrations available at any time, you can reap the rewards of faster VAT returns. Ensure your company is compliant with HMRC and get in contact with us today!
We hope you enjoy this update and that it assists in your day to day tasks. We welcome suggestions and so if you feel there is more room for improvement, don’t hesitate to get in contact with our support team to talk through your ideas of a better FCP Agent Portal.