Statutory mapping

Accounting › Statutory mapping.

Statutory accounts present figures under set lines such as Fixed assets, Debtors or Administrative expenses. Mapping tells VexLedger which line each of your accounts belongs under, so the accounts can be produced from your books automatically.

1. Choose the reporting framework: FRS 105 for micro-entities, or FRS 102 Section 1A for small companies. The Year-end accounts screen tells you which applies.
2. Look down the list of accounts. Use Filter accounts to see Unmapped or Mapped accounts, or search by code or name.
3. For each unmapped account, choose a line, or accept the suggested one. Where VexLedger cannot suggest a line safely it says No safe suggestion: choose it yourself.
4. Select Confirm mapping.

Beside the list, Balance sheet by statutory line and Profit and loss by statutory line show your figures under each line as you map them.

When every account is mapped, you are ready to prepare the statutory accounts.