Question: Does PEPPAA manage and report business expenses?
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Answer: No, PEPPAA does not allow for expenses to be managed because it is intended to be a business managemet tool rather than an accounting tool. PEPPAA collects and reports data that enables you to make strong business decisions to set the future direction of your business and to provide solid proof of past performances when needed. It is likely that HMRC's drive towards digital reporting will steer every business towards a cloud based accounting package in the future.