TaxLayer or your ERP? You keep the ERP.
Short answer
It is not a choice between the two. Your ERP stays the book of record. TaxLayer does the work that happens before an entry reaches it: collecting the documents, reading them, checking them against the bank and myDATA, and posting what you approve.
What an ERP is for
An ERP holds the ledger. It has your chart of accounts, your customers and suppliers, your VAT codes and series, and it produces the books you are accountable for. It is very good at recording an entry once someone has decided what the entry should be.
What it does not do is decide. Somebody still has to find the invoice, read it, choose the account, and check that the payment left the bank and that the document is on myDATA.
Where the month actually goes
Ask where the hours go at month-end and the answer is rarely "typing into the ERP". It is the work around it:
- Chasing documents out of email, chat and shared folders.
- Keying the same supplier, amount and VAT that is already printed on the invoice.
- Matching bank lines to documents one at a time.
- Comparing the books with myDATA and finding out why they differ.
Side by side
How they work together
You connect your ERP once. TaxLayer pulls in the suppliers, VAT codes and series it already holds, so what it prepares matches the way your books are kept. Approved entries are posted straight in. If there is no direct connection for your ERP, you download a template in its format and import it; each line is exported once.
When TaxLayer is not what you need
If you are looking for a system to hold your ledger, issue invoices and run stock, that is an ERP, and TaxLayer is not one. TaxLayer is for the team that already has books to keep and wants the month to arrive reconciled.