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VT Accounts and TaxCalc

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Lots of practices seem to be using VT Accounts along with TaxCalc.  

What are the reasons for not using the TaxCalc Accounts production software rather than VT Accounts?

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By johngroganjga
03rd Oct 2017 22:23

Probably because TaxCalc Accounts Production is a late arrival and many practices were already using VT and saw no incentive to change.

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By ireallyshouldknowthisbut
04th Oct 2017 09:12

Much more clunky, much less flexible & more expensive

Speed is more important than integration when for us its a case of copying over a couple of figures between systems, which VT computes in any case so its easy to double check you have not missed anything.

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By cbp99
04th Oct 2017 15:42

From my point of view, the benefit of integrating with VT Transaction+ bookkeeping software with VT accounts is greater than the benefit of integrating accounts with the tax return software. Cannot comment on Taxcalc's accounts software.

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Replying to cbp99:
By I'msorryIhaven'taclue
04th Oct 2017 16:54

VT have just announced they are to discontinue development of Transaction+

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Replying to I'msorryIhaven'taclue:
By cbp99
04th Oct 2017 21:32

Yes I was well aware of that, but it will still be able to do what it does now.

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By 1 2
05th Oct 2017 12:30

We're in this bracket. A few reasons:
- when Taxcalc released their accounts bit, we were used and liked VT.
- I think it was marginally more expensive.
- Anticipate that within a year or two we'll be doing accounts via FreeAgent anyway.

So, didn't seem much reason to move, especially given we'd likely be moving again a year or so later.

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