Simple and straight forward to use
Generates iXBRL accounts and tax computation files for attaching to Corporation Tax return
Electronically files accounts with Companies House
Micro entity company template (FRS 105)
Small company template (FRS 102 section 1A)
Medium/large company template (FRS 102)
Small limited liability partnership template (FRS 102 section 1A)
Sole trader template
Partnership template
Medium/large company template contains automatic cash flow statement
Choice of no report, accountants report (ICAEW or 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 VT Final Accounts runs in Microsoft Excel and produces professionally formatted company, LLP, sole trader, and partnership accounts.
