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VT Final Accounts

Introduction

VT Final Accounts runs in Microsoft Excel and produces professionally formatted statutory, sole trader and partnership accounts. A trial balance and up to 250 journals can be entered and a nominal report printed. A trial balance can also be imported from VT Transaction+, VT Cash Book and most other accounting packages.

VT Final Accounts contains accounts templates and an add-in program. The add-in features enable many tasks to be automated.

Because of its ease of use and flexibility, VT Final Accounts appeals to a broad range of users such as freelance accountants, firms in practice and companies with just one set of accounts to prepare per year.

What others say about VT Final Accounts

Question and answers on AccountingWeb re accounts production software

Features

• Simple and straight forward to use
• Small companies template (based on the Financial Reporting Standard For Smaller Entities)
• Medium/large companies template (based on UK Financial Reporting Standards)
• Sole trader template
• Partnership template
• Small companies template includes both full and abbreviated accounts
• Company templates contain optional automatic cash flow statement
• Choice of no report, accountants report (ACCA wording), chartered accountants report, chartered accountants assurance report or audit report
• Optional Bannerman and PASE clauses for audit report
• Templates are regularly updated
• Trial balance and non-numeric data can be automatically transferred between workbooks that are based on different generations or types of templates
• Trial balance can be entered manually into the TB sheet in Excel or automatically obtained from a VT Transaction+ or VT Cash Book file
• Trial balance can be automatically imported from most third party accounting packages
• The TB sheet can be converted into an extended trial balance with up to 250 adjustment columns
• Adjustments can be entered into the extended trial balance manually or using a journal dialog
• Double entry style reports (including a nominal ledger) based on the extended trial balance can be displayed or printed
• Text that depends on the results such as profit, loss or profit/(loss) is automatically altered
• Negative numbers automatically shown in brackets and correctly aligned
• Automatic hiding of lines and notes with nil balances
• Automatic note numbering
• Warning given before printing if the accounts do not balance or if the current year is inconsistent with the comparative year
• Special print button prints out and correctly numbers all the sheets that make up the printed part of the accounts
• Accounts can be printed to a pdf file or emailed to clients using freely available pdf writers
• Profit and loss account and balance sheet in tax return format can be exported to tax software packages (for unincorporated businesses)
• Unlimited number of clients/companies
• Comprehensive help topics
• PDF version of help topics available

Screenshot and examples

The VT toolbar and menus in Excel 2003
The VT toolbar and menus in Excel 2007
New Accounts Workbook dialog
Workbook Properties dialog
Print Accounts dialog
Example accounts
Example workbook

System requirements

Microsoft Excel 97 for Windows or later (including the new style Excel 2007 or later)