Home
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.
An iXBRL file for attaching to a corporation tax
return can be generated at the touch of a button (VT workbooks are pre-tagged),
and VT Final Accounts can also be used to tag up any set of accounts or
corporation tax computation in any Excel workbook.
More...
VT Final Accounts can be
downloaded and used
free of charge for 60 days before you have to enter a license key.
What others say about VT Final
Accounts
Comments on AccountingWeb:
Cost of accounts production software
VT Final Accounts
iXBRL - how is it for you?
VT launches iXBRL final accounts program
VT Final Accounts
Company accounts software
Software for a small practice
In practice
Features
- Simple and straight forward to use
- Generates iXBRL file for attaching to
Corporation Tax return
- 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 limited liability 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 2002 for Windows or later
(including the new style Excel 2007 or later)