ERP Software London — Cloud ERP for Indian Businesses in UK 2026

ERP Software London — Making Tax Digital Compliant ERP for Indian Businesses in UK 2026

Indian IT companies, staffing firms, and professional services businesses with UK operations need ERP software that handles HMRC's Making Tax Digital (MTD) mandate, UK VAT at 20%, PAYE payroll, and UK-specific financial reporting — while also managing the India parent entity's GST, EPFO, and Companies Act compliance. A unified cloud ERP eliminates dual-system overhead and provides accurate group consolidation. MICS provides MTD-compliant cloud ERP for Indian businesses across India and the UK.

Why Indian UK Businesses Need Unified ERP

Common gaps:

• UK books on Xero or QuickBooks (UK entity); India books on Tally (India entity) — no linked system
• UK VAT manually prepared from UK accounting software; India GST returns filed separately
• UK PAYE payroll calculated in separate payroll software; India EPFO managed in another system
• Intercompany management fee invoices not systemically tracked — HMRC and CBDT TP risk
• Group accounts require manual consolidation in Excel — CFO time wasted monthly

UK ERP Modules

UK Financial Accounting (FRS 102 Compliant)

• Chart of accounts: UK FRS 102 (small and medium-sized entities) compliant chart
• Multi-currency: GBP primary, USD and EUR for international client invoicing
• Bank reconciliation: Barclays, HSBC, Lloyds, NatWest, Metro Bank statement import
• Accounts payable: BACS payment file generation for UK supplier payments
• Accounts receivable: GBP and USD sales invoicing with credit control
• Fixed assets: UK capital allowances — Annual Investment Allowance (AIA) tracking

Making Tax Digital (MTD) VAT Module

• Digital record keeping: MTD-compliant transaction records
• Digital links: automated flow from purchase/sales ledger to VAT return
• VAT100 return: automated quarterly VAT return data preparation
• MTD submission: direct API submission to HMRC — no manual bridging software needed
• Input VAT reconciliation: purchase VAT claimed vs. supplier invoices
• Partial exemption: where UK entity makes both taxable and exempt supplies

UK PAYE Payroll

• Tax code management: employee PAYE tax code from HMRC P6/P9 notices
• Income tax: automated basic, higher, additional rate calculation
• National Insurance: employee and employer NIC computation
• Auto-Enrolment: pension eligibility, contribution, and NEST/Peoples Pension file generation
• Real Time Information (RTI): FPS and EPS submission to HMRC
• P60/P11D: annual employee tax documents

UK Project Management

• Time tracking: billable hours for UK IT service delivery
• Project billing: time and material invoice generation in GBP
• Revenue recognition: IFRS 15 / FRS 102 compliant
• Margin analysis: project profitability by client and engagement

India ERP Modules

India GST Accounting

• GSTR-1, GSTR-3B: automated return preparation and filing
• e-Invoice: IRN generation for B2B invoices
• TDS: section-wise TDS deduction and quarterly filing
• India bank reconciliation: HDFC, ICICI, SBI integration

India Payroll

• EPFO: provident fund ECR generation and portal filing
• ESIC: health insurance contribution and filing
• Professional Tax: state-specific PT compliance
• Form 16: annual employee income tax certificate

UK–India Intercompany and Consolidation

• Management fee invoices: UK-to-India or India-to-UK service recharge invoicing
• Transfer pricing report: intercompany transaction register for HMRC and CBDT TP documentation
• Currency translation: GBP to INR at RBI rates for group consolidation
• Intercompany elimination: automatic elimination of intercompany balances
• Group P&L and Balance Sheet: consolidated view in GBP and INR
• FEMA APR: UK subsidiary performance data for India's Annual Performance Report to RBI

Compliance Integrations

• HMRC APIs: direct MTD VAT and RTI payroll submission
• Companies House: automated accounts filing via Companies House API (small companies)
• India MCA: India company annual filing data extraction
• FEMA reporting: RBI APR data preparation

Pricing

• UK entity ERP: £600–2,500/month (Rs. 65,000–2,72,000)
• India entity ERP: Rs. 8,000–20,000/month
• Combined India + UK: £800–3,500/month
• Implementation: £5,000–20,000 one-time
• Training: £1,000–3,000

Free India-UK ERP demo: +91 9355273535 | admin@mics.asia