This article relates to the My Digital Application
Below is a quick snapshot video for how to create companies in the My Digital system followed by some step by step guidance.
To add a new company to your accounting firm, first, navigate to the Settings Cog in the top right corner and select “Manage Companies”.
Once on the manage companies screen, select the button in the top right of the window called “Create New”. You will now see the screen below. Complete the sections below based on the company registration details.
Field | Notes |
Company Name | The company name as entered here will be the same as displayed on the contractor portal, payslips and other company identification areas of the system. |
Business Type | You can choose between Limited Company or Umbrella Company. There are additional settings and features available in an umbrella company that are typically unnecessary for PSC or SME companies, which is why this should be selected in running a payroll service company. All sections of this guide are indicated as either UMB or LTD applicable. |
Address | These two fields are free type and intended for the 1st and 2nd line of the business registered address. Bear in mind this will be the address as displayed on invoices. |
Town/City
| This field is free type and intended for the Town/City of the business registered address. Bear in mind this will be the address as displayed on invoices. |
County / State | This field is free type and intended for the County/State of the business registered address. Bear in mind this will be the address as displayed on invoices. |
Post Code | This field is restricted to 8 characters (to reflect the maximum format of UK postcodes inclusive of the space) and intended for the postcode of the business registered address. Bear in mind this will be the address as displayed on invoices. |
Country | The default value is the UK, currently, no other countries are available to be selected. |
Does your company accept assignment-based work?
| This option will mean that all invoices raised in the company will be attached to assignments. |
Once you have completed all the boxes, press save. Your company is now created in the system.