Glyndebourne Opera is a world famous, not for profit organisation, set up as two separate charities and a trading company. PS Financials has helped Glyndebourne manage its finances during a period of change and deal with changing VAT regulations.
non-finance users can use PS Financials to check their budgets and resolve issues without having to contact the accounts department.
Saving time – and paper!
The introduction of VAT Cultural Exemption had huge implications for Glyndebourne. The old accounting system could not cope. With PS Financials, partial VAT exemption is dealt with easily as the whole process for calculating total VAT and recoverable VAT can be fully automated.