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Making Tax Digital

Invoicing Records for Making Tax Digital

Understand how invoicing records fit into Making Tax Digital, the difference between filing and record-keeping tools, and how to choose the right setup for your business.

Key Point

Record keeping and submission are separate parts of a Making Tax Digital workflow. Full accounting packages submit directly to HMRC. Invoicing software creates digital records that feed into your MTD workflow. Bridging software connects existing records to HMRC. Understanding these differences helps you build the right setup.

How Software Supports Making Tax Digital

When software claims to be "MTD compatible," it can mean one of several things. HMRC recognises software that can perform specific functions within the MTD ecosystem:

Full MTD Software

Keeps digital records and submits quarterly updates to HMRC via their API.

Examples: Xero, QuickBooks, Sage, FreeAgent

Bridging Software

Takes data from other sources (spreadsheets, invoicing tools) and submits it to HMRC. Doesn't store records itself.

Examples: Tax bridging apps and HMRC-recognised submission tools

Digital Record-Keeping for Handoff

Creates and stores digital records for export but does not submit to HMRC directly. Experi is in this category; using it does not by itself establish MTD compatibility.

Examples: Invoicing software like Experi, specialist record apps

Bridging Software vs Invoicing Software

These are fundamentally different tools that serve different purposes:

Invoicing Software

  • Purpose: Create and send professional invoices to clients
  • Records: Stores all invoice data - dates, amounts, clients, line items
  • MTD role: Creates the digital income records that MTD requires
  • HMRC submission: Does not submit to HMRC directly
  • Exports: Data can be exported to accounting or bridging software

Bridging Software

  • Purpose: Submit data to HMRC's MTD systems
  • Records: Takes data from other sources, doesn't create invoices
  • MTD role: Handles the submission and communication with HMRC
  • HMRC submission: Submits quarterly updates and final declarations
  • Input: Reads from spreadsheets, CSVs, or other software

Most sole traders need both capabilities - a way to create digital records (invoicing or accounting software) and a way to submit those records to HMRC (accounting software with MTD submission or separate bridging software).

How Experi Fits Into Your MTD Workflow

Experi is professional invoicing software that creates compliant digital records - but it's not bridging software. Here's how it fits into the MTD picture:

  1. 1
    Create Invoices: Use Experi to create and send professional invoices to your clients
  2. 2
    Digital Records Stored: Every invoice is stored with the date, amount, client, and details HMRC requires
  3. 3
    Export Your Data: Export invoice data as CSV or PDF for your accounting or bridging software
  4. 4
    Submit to HMRC: Your accounting or bridging software submits quarterly updates to HMRC

What to Look for in Digital Invoicing Software

If an invoicing tool will feed a Making Tax Digital workflow, these record and export capabilities matter:

Comprehensive Digital Records

The software should record every invoice with the date, amount, client name, description, and payment status - automatically, without extra data entry.

Easy Data Export

Look for CSV export, API access, or direct integrations with accounting software. Your invoice data needs to flow into your MTD submission tool without manual re-typing.

VAT Handling (If Applicable)

If you're VAT-registered, your invoicing software should correctly calculate and record VAT on each invoice. This data feeds into both MTD for VAT and MTD for ITSA.

Payment Tracking

Knowing which invoices are paid vs outstanding helps you accurately report income for each quarter. Software that tracks payment status saves you time at reporting.

Searchable History

You need to quickly access invoices by date range, client, or amount for quarterly reporting. A searchable, filterable invoice history makes this straightforward.

Common MTD Software Setups

Here are the most common ways sole traders structure their software for MTD compliance:

Option 1: All-in-One Accounting Software

Use Xero, QuickBooks, or similar for invoicing, record-keeping, and HMRC submission - everything in one tool.

Best for: Businesses that want a single system

Option 2: Invoicing Software + Accounting Software

Use dedicated invoicing software (like Experi) for client-facing invoices, then export data to accounting software for MTD submission.

Best for: Businesses that want professional invoices and separate accounting

Option 3: Spreadsheets + Bridging Software

Continue using spreadsheets for records and use bridging software to submit quarterly updates to HMRC.

Best for: Businesses comfortable with spreadsheets who want minimal change

Professional Invoicing, Exportable Records

Experi creates beautiful, professional invoices and stores every detail digitally. Export your invoice data to your accounting software to prepare for quarterly reporting. You still need recognised filing software to submit to HMRC.

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Frequently Asked Questions

How can invoicing software support Making Tax Digital?

Invoicing software can create digital income records, including transaction dates, amounts, and categories. Experi does not submit updates to HMRC, so customers must use HMRC-recognised accounting or bridging software for filing.

What is the difference between bridging software and invoicing software?

Bridging software connects your existing records (spreadsheets, invoicing tools) to HMRC's MTD systems and submits quarterly updates on your behalf. Invoicing software creates and sends invoices to your clients and maintains digital income records. You may need both: invoicing software for creating records and bridging software for submitting them to HMRC.

Is Experi MTD bridging software?

No. Experi is invoicing software that creates professional digital invoices and maintains detailed income records. It's not a bridging tool and doesn't submit quarterly updates to HMRC. However, Experi's digital records can be exported and used with your chosen MTD bridging or accounting software.

Do I need separate invoicing and accounting software for MTD?

It depends on your setup. Some accounting packages (like Xero or QuickBooks) include invoicing features and can submit to HMRC directly. If you prefer dedicated invoicing software like Experi for creating professional invoices, you can export your data into MTD-compatible accounting software for quarterly submissions.

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