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VT Accounts

Changes in the March 2010 edition

See also:
New features in the March 2009 edition

System requirements

ACCA Accountants report
The new ACCA report, based on ACCA technical factsheet 163 is now an option in the Workbook Properties dialog (second button on the VT toolbar). The old ACCA report based on technical factsheet 32 is still an option (it is simply called Accountants report in the Workbook Properties dialog).

The new ACCA report is only available for workbooks created in the March 2010 edition. However, it is possible to import all the data from an earlier workbook into a new one. More info...

Company number
The company number is now shown on the directors' report (full accounts) and balance sheet (abbreviated accounts) as well as the front cover. Companies House unintentionally created this requirement when the registrars rules were drafted under the Companies Act 2006. You cannot find this rule on the main part of the Companies House web site. Also, Companies House do not reject accounts that do not follow this rule. That is presumably because they never intended to change the requirements in the first place! Some still argue that placing the number on the cover sheet is sufficient. Read more on this saga...

Audit report in the abbreviated accounts for a small company under the Companies Act 2006
This report is now shown as being signed by the senior statutory auditor. This was a mistake in the March 2009 edition.

VT Transaction+
The VT Accounts download contains the latest update to VT Transaction+. This has been updated with the changes to EC VAT and a number of minor bugs have been fixed.