Skip to the content

Accounting software by type of business

For every kind of business.

VexLedger is not only for limited companies. Whatever you are, you get proper books. What changes is the help on top, and each page below shows exactly what.

Side by side.

Everyone gets invoicing, bills, banking and reports. Tax and year-end help follows the kind of business you run.

What each type of business gets in VexLedger
Type of businessInvoices, bills, banking and reportsVAT returnsCorporation taxYear-end accounts
Sole traderIncludedIncludedNot includedNot included
PartnershipIncludedIncludedNot includedNot included
Private limited companyIncludedIncludedIncludedIncluded
Public limited companyIncludedIncludedIncludedNot included
Limited liability partnershipIncludedIncludedNot includedNot included
Limited partnershipIncludedIncludedNot includedNot included
Private unlimited companyIncludedIncludedIncludedNot included
Community interest companyIncludedIncludedIncludedNot included
Other registered body, such as a charity or societyIncludedIncludedNot includedNot included

VAT returns are for businesses registered for VAT. Year-end accounts are prepared for private limited companies that qualify as micro-entities or small companies; VexLedger checks this against your own figures. A dash means that part does not apply to that type of business.

Start small. VexLedger grows with you.

  1. 1

    Sole trader

    Start trading

    Set up as a sole trader. Invoice clients, track expenses and reconcile your bank.

  2. 2

    VAT

    Register for VAT

    Add your VAT registration and the rates you use. Returns are worked out from your books and filed with HMRC.

  3. 3

    Limited company

    Incorporate

    Set up the new company as its own business, with Companies House details, director loan accounts and corporation tax. Your sole trader books stay as they were.

  4. 4

    Brands and roles

    Grow the team

    Invite a bookkeeper and an accountant, add brands for each website or product, and keep one login across everything.

Read the full guide to setting up a legal entity →

Common questions.

Do I need to be VAT registered to use VexLedger?

No. VAT returns are for businesses that are registered. If you are not, you simply invoice without VAT and the VAT screens stay out of your way.

Does VexLedger do my Self Assessment?

VexLedger does not file Self Assessment returns. It gives you the profit and loss and tax summaries, kept up to date as you go, so the figures are ready when you or your adviser need them.

Which companies get statutory year-end accounts?

Private limited companies that qualify as micro-entities or small companies. VexLedger runs the size tests on your own figures and, if your company is too large for these, tells you so and suggests you use an accountant.

I am a sole trader and about to incorporate. What do I do?

Set up the new company as its own business in VexLedger. Your sole trader books stay as they are, separate from the company's, so each has its own history and tax.

Can my accountant or bookkeeper work in it?

Yes. Give them the accountant, bookkeeper or read-only role, for the brands they work on. Owners and admins decide who can do what.

My business type is not on the list.

Choose 'Other registered body' and enter the details by hand. You still get the full set of books, bank reconciliation, VAT and reports.

Ready to see your books clearly?

Talk to us about getting set up, or sign in if you already have an account.