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VT Final Accounts

by VT Software Limited · Since 1997
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ActiveAvailable globallyCloud
Quick facts
VendorVT Software Limited
Year launched1997
StatusActive
LocationGable House, 18-24 Turnham Green Terrace, London, W4 1QP, UK
Countries servedGlobal
Languages1
Integrations1+
Free tier
Free trialYES
Contact sales

About VT Final Accounts

VT Final Accounts is a software from VT Software Limited designed to simplify the preparation of financial statements and accounts for businesses and accountants. Key capabilities include automated calculations for statutory accounts, customizable templates tailored to various reporting requirements, and smooth integration with accounting software for efficient data import/export. VT Final Accounts also offers compliance with UK accounting standards, ensuring accuracy and reliability in financial reporting. Best for: accountants, small to medium-sized enterprises, and financial professionals looking to simplify their reporting processes.

VT Final Accounts by VT Software Limited is a comprehensive bookkeeping software designed to simplify the intricate process of managing financial records for businesses of all sizes. Its primary purpose is to streamline accounting operations, ensuring accuracy and compliance with industry standards. The software offers a range of key features, including detailed financial reporting, advanced reconciliation capabilities, and seamless integration with other financial systems. The user interface of VT Final Accounts is intuitive and user-friendly, making it easy for users to navigate and manage their financial data. The interface is designed to be straightforward, with a focus on minimizing the risk of human error and saving valuable time. Users can easily generate balance sheets, income statements, cash flow analyses, and tax reports with just a few clicks. The customizable reporting options allow users to tailor the information to meet their specific business requirements, enabling them to make informed decisions and stay ahead of the competition. In terms of functionality and features, VT Final Accounts stands out for its robust reporting capabilities and advanced reconciliation features.

Pros & Cons

What users like
  • +1. Free Option: VT Cash Book offers a free cash accounting program for basic bookkeeping and bank reconciliation.
  • +2. Affordable Pricing: VT Transaction+, the core bookkeeping software, starts at £85 + VAT per year (single user), which is a competitive price compared to other accounting software.
  • +3. Easy to Use: The software is known for its user-friendly interface and simplicity, making it suitable for those without accounting experience.
  • +4. Offline Functionality: VT's programs are desktop applications and don't require an internet connection to operate (except for installation, updates, and online submissions). This ensures fast operation without lag.
  • +5. Bulk Import Capabilities: Transactions can be imported in bulk, including bank statements, saving time on manual data entry.
  • +6. MTD for VAT Compliant: All programs are compatible with Making Tax Digital (MTD) for VAT submissions to HMRC.
  • +7. Unlimited Features (VT Transaction+): The paid VT Transaction+ offers unlimited features for bookkeeping and VAT returns for an unlimited number of businesses (within the single-user license).
What users flag
  • 1. Limited Free Version: VT Cash Book, the free option, has limited features compared to the paid versions.
  • 2. Additional User Cost: Additional user licenses are required for multiple users within a business, increasing the overall cost.
  • 3. Limited Customer Support Information: The website doesn't explicitly mention available customer support options.
  • 4. Out of Date OS Support: Windows 8.1 or earlier is no longer supported, requiring users to upgrade their operating system.

Features

Key features

1. Agenda Integration
Seamlessly connect your existing calendar to Vixum. This allows you to easily track work hours associated with appointments and convert them directly into invoices.
2. Unlimited Invoicing & Bookkeeping
Create and manage an unlimited number of invoices and bookkeeping entries without any restrictions.
3. User-Friendly Interface
Designed for ease of use, even for those without accounting knowledge.
4. VAT Return Support
Streamline your VAT return filing process directly within Vixum. (More information not provided)
5. 1,225 Hour Standard Support
Helps you track and meet the Netherlands' 1,225-hour work requirement for self-employed tax benefits.

Additional features

1. Invoice Creation & Design
Design and send customized invoices directly to clients.
2. Quote Creation & Management
Create and send professional quotes in your own style.
3. Expense Management
(Presumably) Capture receipts through your phone or computer for expense recording.
4. Bank Integration
Connect your Dutch bank account for automatic processing of transactions within Vixum.
5. Security Features
Not mentioned in the provided information.
6. Customer Support
Details on available support options are not provided.
7. Pricing
While the website mentions potential savings, the actual pricing structure requires using their savings calculator.
8. Product Sales
Limited information on handling product sales alongside services.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Monthly plans

Vt Transaction+

GBP 85

Countries & Languages

Global
Countries served
1
Interface languages
1
Billing currencies

Interface languages

English

Billing currencies

🇺🇸USD

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