Accounts production software
The SORP lays down stringent requirements for reporting
information about charities in the published accounts.
The Charity Commission also require specific systems
of internal control to be applied by charities. Many
donors have specific requirements about monitoring
This poses two challenges for trustees, charity administrators
and accountants in practice.
The obvious one is how do you prepare a set of accounts
that discloses all the information stipulated. Less
obvious, perhaps, is how do you efficiently and accurately
record the detail of analysis that is required by
the SORP, or by donors, so that when the accounts
are prepared they show the correct information at
the lowest possible cost in management time and accountancy
We believe there is a package of three solutions
that we can offer to these two problems.
Solution 1 - Charity
templates for VT Software
From this web site, fellow professionals and charity
administrators can acquire templates that integrate
with the well known VT Accounts Production software
that will produce accounts for both incorporated and
unincorporated charities. The accounts produced will
comply both with the SORP and with the Companies Act
and also with audit and other regulatory requirements.
They contain detailed checklists and prompts that
will assist greatly in achieving correct disclosure.
The VT Software program is required to operate these
templates, and VT Software comes with VT Transaction,
a program that will help with the basic record keeping
for smaller charities.
Solution 2- Sage
Our charity templates will produce finalised accounts,
but all but the very smallest charity will require
a proper accounting system to record the basic transactions
of the charity and provide the analysis needed for
the final accounts to comply with the SORP. Peter
Brown and Co are members of the Sage Accountants club,
and can obtain accounts and payroll software from
Sage for registered charities at discounted prices.
Where VT Transaction is not the solution, then Sage
probably will be.
Training, advice and installation of your Sage and
We will discuss your needs with you and recommend
the most appropriate Sage or VT solutions, and if
necessary suggest training resources, either CDS and
videos or courses, so that charity staff use the software
to its full potential.
If required, we will help you with the installation
and implementation of your new software.
Solution 3- the Consultancy
Elsewhere on this website we describe how these problems
may be solved by using our consultancy
services to design and implement a full system
of internal control, to meet the requirements of the
Charity Commission. Such a system could include a
VT or a Sage element within the overall solution.
As with all our services, our fees are highly competitive.
Our offices are set in a rural location, and therefore
we have low premises overheads. This means that we
are able to offer the highest quality services, very
often at the lowest price
For further information, please email email@example.com
or complete our Enquiry