Learn Vt Transaction+ For Bookkeeping
Published 3/2025
MP4 | Video: h264, 1280x720 | Audio: AAC, 44.1 KHz
Language: English | Size: 939.88 MB | Duration: 1h 21m
Published 3/2025
MP4 | Video: h264, 1280x720 | Audio: AAC, 44.1 KHz
Language: English | Size: 939.88 MB | Duration: 1h 21m
Bookkeeping, Invoicing, VAT and Journals
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
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.
Overview
Section 1: Introduction and Setup
Lecture 1 Introduction
Lecture 2 Setting up the file
Lecture 3 VAT and Setup
Lecture 4 Entering Opening Balances
Lecture 5 Reverse Opening Prepayments & Accruals
Lecture 6 Amend Nominal Ledger Accounts
Lecture 7 Setup Customer & Supplier Accounts
Lecture 8 Transfer Customer & Supplier Balances
Section 2: Dealing with Customers and Suppliers
Lecture 9 Post Sales Invoices & Credit Notes
Lecture 10 Post Purchase Invoices & Credit Notes
Lecture 11 Process Receipts and Payments
Section 3: Cash Expenses
Lecture 12 Small Cash Expenses
Section 4: Month End
Lecture 13 Prepare VAT Return
Lecture 14 Reconcile the Bank Account
Lecture 15 Post Depreciation Journals
Section 5: Reports and Finalising
Lecture 16 Finishing
Section 6: Bonus
Lecture 17 Import a Credit Card Statement
Lecture 18 Importing a Bank Statement
Lecture 19 Using Sage Codes in VT Transaction+
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.