VT Transaction+

Account

Lists the entries in any account (you can also click on buttons on the main toolbar to quickly display a bank, customer or supplier account). For more information, see The account window topic

Ledgers report

Lists the entries in all accounts

Transaction

Displays a transaction in double entry format. The easiest way to display this window is normally to click on a transaction reference number in an account or other window. For certain types of transaction this window has additional tabs. For instance, for a sales invoice document there is a Document tab showing the invoice in print preview format

Transaction list/daybook

Lists transactions of the same type in Gross, VAT, Net format

Transactions report

Displays all transactions in double entry format

Trial balance

Lists all account balances in a company (does not include comparative column). You can use the Options at the bottom of the window to display all accounts or just those with balances. There is no separate Chart of accounts report in VT Transaction+. Use the trial balance report instead

Standard trial balance

A re-arrangement and summarisation of the account balances in a company in a standardised format (includes comparative column)

Profit and loss account

A summary of the income and expenditure of a business based on account balances. The columns in this report change depending on whether you have the accounting period set to the entire year or a shorter period such as a month

Balance sheet

A summary of the assets and liabilities of a business based on account balances. The columns in this report change depending on whether you have the accounting period set to the entire year or a shorter period such as a month

Account balances by list

A columnar report that shows accounts balances for each department, currency or item in a custom list

Age analysis

Breaks down the account balances in a ledger by the month or quarter that outstanding invoices fall in. For this report to be useful for the current year, it is important that the accounting period is set to the current month

Ledger balances

Lists the account balances in a ledger

Turnover by account

Lists the aggregate value of invoices and cash entered to the accounts in a ledger for a given period

VAT returns

Displays any saved VAT return. There are tabs for the double entry behind the return, the return itself, list of outputs, list of inputs and the backup report

EC sales list

Displays the EC Sales List. There is an option to export the data to a file that can be uploaded to the HMRC web site

Currency revaluations

For any currency revaluation, displays the old and the new currency rates and shows how the net exchange gain or loss is made up