How sports club management software can help
Using a piece of software that specifically helps with sports club management can do wonders for your sports club. It can save you time, money and stress. It’s an amazing way of keeping all of your club administration in one safe place.
If you use Coacha to manage your finances, you’ll be using Stripe. Coacha simply acts as an interface to set up your payments through Stripe in a simple way, whilst recording the statuses of all of your transactions. The beauty of setting your finances up through Coacha is that it’s incredibly simple to use and keep track of who’s paid what. Plus you get to manage all other aspects of your club management like registers, classes, GDPR, emergency information etc.
So, at the moment users will set their finances up within Coacha and then the finances will appear in their Stripe accounts on the chosen payment date. Perfect. But how do those finances get into your digital tax account?
Coacha > Stripe > Missing Link > Digital Tax Account
We think that the best thing you could do is sign up to a piece of accounting software. This type of software will connect to your Stripe account. Then when your Stripe account receives payments, they will automatically filter into the accounting software and record them without you having to manually input anything. Then you (or your accountant) can easily make accurate VAT submissions into your Digital Tax Account.
Coacha > Stripe > Accounting Software > Digital Tax Account