Simple and straight forward to use.
Generates iXBRL accounts and tax computation files, which can be attached to third-party corporation tax filing software.
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.
