Support topics - VT Accounts
Changes made in the July 2008 edition
VT FINAL ACCOUNTS
Sole traders
The layout of the profit and loss account has been altered to match the changed
layout in the self-employment pages of the personal tax return. Partnerships are
unaffected. For more details, see
2007/2008 tax return - self
employment pages.
Text boxes
Since Excel 95 days, the VT templates have used text boxes for paragraphs of
text. The superior merge cells across columns feature was not available
in Excel 95. As Excel 95 is no longer supported, the templates have been
re-written without the use of text boxes. This has the following advantages:
Merged cells are generally less fiddly to use than text boxes
Merged cells do not suffer from the large fonts display bug in Excel 2007
Variable text can be more easily automated
Tips:
If you select part of the text in a merged cell, you can use the bold and italic buttons and other formatting options just to format the text selected
If you double click on a merged cell in a VT workbook (provided the VT Final Accounts add-in is enabled in the Tools>Add-Ins dialog), a simple text editor is displayed. You can use this text editor to enter carriage returns
Audit and accountants reports
The text in these reports is now fully automatic.
Data cells
All cells in the templates that may contain data or text entered by the user
have been given special names (all beginning with x). This means that in future
versions you will be able to simply transfer data from one edition of a workbook
to another, or from a small company to a large or vice versa. It also enables in
the future the possibility of electronically filing accounts.
Please note that all the above changes only apply to workbooks created with the July 2008 edition, and not to workbook created in earlier versions.
VT TRANSACTION+
The CD contains the completed version of the
software. The help topics are outstanding, but the
user guide is now available. The layout
of the tax return profit and loss account/balance sheet for sole traders has
been changed to match the new tax return. Trial balances can be imported from
Sage and most other accounts packages using the journal import feature.
VT
TRANSACTION
This product is no longer being updated
as it is superseded by VT Transaction+. In particular, the layout of the tax
return profit and loss account/balance sheet has not been changed. Future CD’s
will still include VT Transaction, but it will not be installed by default.