VT SOFTWARE BOOKKEEPING
We keep your books up to date in VT Transaction+ or VT Cash Book. Purchase and sales entries, bank reconciliation, VAT records and ledgers are kept in order every UK working day, ready for you and your accountant.
Book a free call See monthly prices
A DESKTOP PACKAGE, HANDLED CAREFULLY
Most bookkeeping tools now run in a browser. VT Transaction+ is installed on a Windows computer and keeps each business in its own data file.
ACCESS AGREED WITH YOU
A single data file is simple to back up and simple to hand over. It also means a bookkeeper needs a clear, secure way to reach it.
Before we post a single entry, we agree with you how we will access your VT data securely. We do not pick a method for you. We agree one that suits your setup, your accountant and your own security rules, and we write down who holds the master copy.
WHAT WE DO IN VT EACH DAY
VT uses short entry types. Using them the same way every time is what keeps your ledgers easy to read.
PIN, PAY, SIN, REC AND MORE
Some costs leave the bank with no invoice on the ledger. We agree once whether they go through the supplier account or straight to a cost, then post them that way every time.
BANK RECONCILIATION AND RECEIPTS
Every working day we post new bank and card transactions from your statements or bank export files, depending on how your VT is set up. We then reconcile each account in VT, so your books agree with the bank.
With your permission, we monitor the finance inbox or folders you agree with us. Invoices and receipts are posted and matched to their payments. If you capture paperwork in Dext, Hubdoc or AutoEntry, we work from there. Missing items are followed up and tracked.
VAT, LEDGERS AND MONTH-END
VAT-READY RECORDS
VT records VAT on each entry, so a VAT return is only as good as the postings behind it. We check the treatment as we go, taking care with reverse charge, receipts with no VAT shown, and fuel or entertaining.
Under Making Tax Digital for VAT, VAT-registered businesses keep digital records and send returns through compatible software. We keep your VT records reconciled so the return can be prepared from them. Submitting it is a statutory filing, outside the monthly packages and quoted separately if you want it.
LEDGERS AND MONTH-END
At month-end we review the supplier and customer ledgers. Old unpaid invoices, unallocated payments and duplicates are put right or raised with you.
You get a monthly financial summary in plain English: what came in, what went out and what needs a decision.
HANDOVER TO YOUR ACCOUNTANT
A well-kept VT file is easy for your accountant to pick up for year-end work. We agree with you and your accountant when and how it is passed over. Once a period is handed over, we stop posting to it, so nobody works on an old copy.
BEHIND ON THE BOOKS?
If your VT file is months behind, we review what needs catching up first. Catch-up work is quoted separately, then we keep the file moving every working day.
Read about catch-up bookkeepingVT BOOKKEEPING. ONE MONTHLY PRICE.
Use your annual turnover to find your starting point. We look at your records and workload, then agree one fixed monthly fee, confirmed in your quote. There is no hourly billing.
FOR SMALL BUSINESSES
Daily bookkeeping for sole traders, consultants and small businesses who want their time back.
£295/ month
Talk about EssentialsFOR GROWING BUSINESSES
For growing agencies, trades and service businesses with more people, purchases and paperwork.
£495/ month
Talk about PlusFOR ESTABLISHED BUSINESSES
For established teams who need someone keeping the day-to-day books moving across their business.
£795/ month
Talk about ManagedEach package covers one entity. Your VT licence is your own and is separate. Above £5 million turnover, we give a tailored quote. See full pricing details →
Yes. We work in whichever VT product you already use. VT Cash Book is the simpler of the two, while VT Transaction+ keeps supplier and customer ledgers. If you are thinking of moving from one to the other, we can talk it through with you and your accountant.
We agree a secure way to access your VT data with you before any work starts. The method depends on your setup and your accountant. Whatever we agree, we write down who holds the master copy, so there is only ever one live version of your books.
No. You keep VT and you keep your accountant. We do the day-to-day bookkeeping in your existing file and agree how it is handed over for year-end accounts and tax work.
The monthly packages cover keeping VAT-ready records in VT, reconciled and checked. Submitting the VAT return is a statutory filing, so it is outside the packages. Your accountant can carry on submitting it, or we can quote for it separately.
Essentials is £295 per month for annual turnover up to £150,000. Plus is £495 per month for £150,000 to £500,000. Managed is £795 per month for £500,000 to £5 million. These bands are a starting guide. We review your records and workload, then agree a fixed monthly fee, confirmed in your quote.
Yes. We also work in Xero, QuickBooks, Sage, FreeAgent and others, and with Dext, Hubdoc and AutoEntry for receipts. See our Xero bookkeeping service and Sage bookkeeping service pages.
LET’S TALK ABOUT YOUR VT BOOKS
Book a free call. Tell us how your VT file is set up and what takes up your time, and we will talk through the monthly service that fits.
Book a free call Or email [email protected], or call 020 7123 9335Back to the Wenzo home page, or read about QuickBooks bookkeeping.
