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TaxCalc Accounts ProductionFrom £99.00 + VAT

Built on the same platform and integrating with TaxCalc's Tax Return Production and Practice Management applications, TaxCalc Accounts Production provides you with all the tools necessary to create financial statements for your Sole Trader, Partnership and Limited Company clients.

We recognise that firms come in all sizes, so we've built three products to meet the needs of firms both small and large.

Try a no-obligation 28 day trial of
TaxCalc Accounts Production

Price comparison
Package MICRO
PRACTICE 12
SMALL
PRACTICE 50
UNLIMITED
Annual price £99 £249 £499
Number of active accounts clients* 12 50 Unlimited
Number of concurrent users 1 2 2 + **
All prices exclude VAT.
* For whom sets of accounts can be prepared.
** Additional concurrent users can be purchased for £50 per annum.

Fast and accurate creation of financial statements

As with all of our products, TaxCalc Accounts Production features an interface that's designed to produce great looking output, quickly and accurately.

Save setting up time with Smart Integration

Smart integration with TaxCalc Practice Management means that once your client is created on the system, there is no need to re-enter basic information about them.

Fast data entry

Post transactions using an intuitive, spreadsheet-like posting window, complete with account lookups, the ability to modify accounting titles on the fly, narrative and working paper references, auto-balancing, journal reversing, opening balance routine and more.

With regard to disclosures, the system intelligently suggests notes that you might need to complete (based upon the computed trial balance), comes with template narratives and, using SimpleStep, can walk you through a set of accounts, ensuring that everything that needs disclosing is disclosed accurately.

Validation

Once complete, the Check and Finish routine ensures consistency within the financial statements by comparing balances to disclosures, highlighting missing disclosures, validating iXBRL content and reporting back to you any matters that need your attention.

Stunning reports for your client, HMRC and Companies House

TaxCalc Accounts Production supports a range of supporting schedules to help build your working papers file. With a wide selection of lead schedules and interactive reports for trial balance, nominal ledger and audit trail, you can be certain that your working papers file accurately matches the contents of the financial statements.

Export options and iXBRL

All reports can be exported into PDF and Microsoft Word formats.

With regard to Limited Company clients, TaxCalc Accounts Production has been built from the ground up with iXBRL in mind, meaning absolutely no manual tagging or conversion processes: all you need do is click the "One-click iXBRL" button and your HMRC iXBRL compliant file is created on your desktop.

Many limited company format supported

TaxCalc Accounts Production supports a wide range of formats for small Limited Companies, including FRSSE and non-FRSSE, audit and non-audit, dormant and abbreviated financial statements.

File online to Companies House

Full, FRSSE, abbreviated and dormant company financial statements can be filed online to Companies House.

Share data with the tax return

As an integrated product, the information created by TaxCalc Accounts Production is made available directly to TaxCalc's range of Tax Return Production software, saving time rekeying or attaching accounting information.

Purchase options
Unlimited
£499.00 + VAT
Small Practice 50
£249.00 + VAT
Micro Practice 12
£99.00 + VAT

Accounts Production features at a glance

  • Integrates with TaxCalc Practice Management and TaxCalc Tax Return Production applications, saving you time and avoiding rekeying errors
  • Produce financial statements for your Sole Trader, Partnership and Limited Company clients based upon UK GAAP
  • Caters for full and abbreviated, FRSSE and non-FRSSE, audited and audit exempt and dormant companies
  • File Limited Company accounts directly to Companies House*
  • Creates Limited Company accounts in iXBRL file format for submission to HMRC - absolutely no manual tagging or conversion required
  • Produce income and expenditure reports for Sole Traders and Partnerships
  • Supports multiple trades for Sole Trader clients
  • Produces high quality lead schedules, trial balance and nominal ledger reports
  • Comprehensive, editable charts of accounts ensures financial statements can be customised to match your clients' affairs
  • Supports the SNF data transfer standard to share financial report data with third party tax products
  • Modern interface provides for a fast and efficient entry of financial data
  • Transactions and disclosure notes saved on a per accounting period basis
  • Automatic batch balancing feature
  • Automatic handling of rounding differences
  • Narrative and working paper references per transaction
  • Insert, delete and reorder transactions
  • Copy down narrative feature
  • Library of best-practice template notes saves you time writing your own
  • Disclosure notes and opening balance roll forward routines
  • Produce financial statements in pounds sterling, dollars and euros
  • Automatic updating for new features and compliance throughout the life of your licence

* An account with Companies House is required to file online, similar to obtaining agent filing credentials with HMRC

Practice Management Features

  • Tasks and reminders
  • Mail Merge
  • Practice reports

System requirements

WINDOWS
  • Microsoft Windows 8
  • Microsoft Windows 7
    (Service Pack 1)
  • Microsoft Windows Vista
    (Service Pack 2)
  • Microsoft Windows XP
    (Service Pack 3)
  • Appropriate hardware to run the above operating systems
  • Adobe Reader 9.0 or higher
  • Microsoft Office 2003 or higher for export and Mail Merge features
ALL SYSTEMS
  • An internet connection is required to allow the product to be licensed to you, receive updates and file online.
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