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Learn VT Transaction+ for Bookkeeping
Rating: 1.0 out of 5(1 rating)
5 students

Learn VT Transaction+ for Bookkeeping

Bookkeeping, Invoicing, VAT and Journals
Created byKris McCulloch
Last updated 11/2023
English

What you'll learn

  • Understand how to use VT Transaction+ to record the transactions for a small business.
  • Setup VT Transaction+ for a new business
  • Reconcile a bank account
  • Importing credit card and bank statements

Course content

6 sections19 lectures1h 21m total length
  • Introduction1:00
  • Setting up the file2:59
  • VAT and Setup2:49
  • Entering Opening Balances4:40
  • Reverse Opening Prepayments & Accruals2:34
  • Amend Nominal Ledger Accounts2:52
  • Setup Customer & Supplier Accounts4:30
  • Transfer Customer & Supplier Balances3:49

Requirements

  • This course will deliver and introduction to using VT transaction+ software. You should already have a working knowledge of bookkeeping, or experience in other bookkeeping systems.

Description

VT Transaction+ stands as a remarkably valuable yet often underappreciated bookkeeping software in the market. In our comprehensive 15-module training course, we delve deep into the myriad features of VT Transaction+, guiding participants through its robust capabilities.

This exceptional software is a comprehensive bookkeeping and accounting solution designed for Windows. It is versatile, catering to a wide spectrum of needs, from managing small-scale incomplete-records tasks to handling companies with extensive transaction histories numbering in the hundreds of thousands. VT Transaction+ offers an integrated ledger structure that encompasses a cashbook, customer, and supplier ledgers, all grounded in the principles of double-entry bookkeeping.

One of the course's highlights is the practical experience in bookkeeping for a real-world business, specifically Craig Green Joinery. Participants will be taken step-by-step through the process of managing the bookkeeping for this business, providing hands-on experience and practical application of the software’s features.

VT Transaction+ distinguishes itself with its user-friendly interface, allowing for rapid data entry and straightforward editing of transactions and entries. Its flexibility and ease of use make it a preferred choice for many users over more widely known packages. Additionally, VT Transaction+ is fully compatible with VT Final Accounts, enabling automatic import of trial balances and direct drill-down to transactions.

For businesses concerned with Making Tax Digital (MTD) for VAT compliance, VT Transaction+ stands out. The software not only generates VAT returns but also submits them digitally to HMRC. This feature is enhanced by the VT MTD for Excel add-in, which allows for the digital submission of VAT returns created in any Excel spreadsheet.

Our training session is not just about learning the software; it's about empowering bookkeepers and business owners to use a tool that brings efficiency, accuracy, and compliance to their financial management. Join us to uncover the full potential of VT Transaction+ and elevate your bookkeeping skills to a new level.

Who this course is for:

  • This course is ideal for bookkeepers starting out or those who wish to add another string to their bow in terms of a new software.