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Financial clarity, down to the penny.

Invoicing, bills, bank reconciliation, VAT and year-end accounts, all on one ledger that cannot go out of balance. Built in the UK, for sole traders, partnerships and companies.

VexLedger accounts are currently opened by invitation.

Built for

  • Sole traders
  • Partnerships
  • Limited companies
  • LLPs
  • Community interest companies
  • Groups with several brands

See it working

Your whole business on one screen.

VexLedger
Example data

Good afternoon

Example Studio Ltd

Ledger health

Balanced

Debits equal credits on every entry in the ledger.

Needs your attention

1
Receipt missing for £142.50

Start something

How the business is doing

Cash in the bank, by period

Cash in bank
£8,240.00
Customers owe you
£1,420.00

An interactive example. The companies and figures are invented.

Every entry balances to the penny, or it is refused.
100%
Statutory account formats built in: FRS 105 and FRS 102 Section 1A.
2
Ledger behind every invoice, bill, report and tax figure.
1

Built for accuracy

Books that cannot quietly drift.

Always-balanced double entry

Every transaction posts as balanced debits and credits. An entry that does not balance to the penny is refused before it reaches the ledger. Try it:

Balance testerBalanced: entry accepted
Difference£0.00

It tells you what needs doing

Your home screen lists what needs attention, such as invoices past due, bills to pay and bank lines still to match, so month end is not a surprise.

  • Invoice past dueChase
  • Bank lines matchedUp to date

VAT and tax from the same ledger

VAT return figures are worked out from your posted transactions, box by box, with Corporation Tax estimated alongside. The numbers tie back to the entries behind them.

Next VAT returnQuarter end figures
Calculated from the ledger

More than one company or brand

Keep several businesses, and several trading brands inside each, under one sign-in. Every currency is reported on its own and never silently added into another.

BusinessBrandBrand

What it does

Everyday bookkeeping, handled.

Invoices, quotes and credit notes that get paid

Raise professional invoices, send them by email with a secure link to view, and record payment when it lands. Turn a quote into an invoice in a click, and set repeat invoices to run on a schedule.

  • Quotes, invoices, credit notes and repeat invoices
  • Customer payment terms and product lines
  • Posts to the ledger automatically
Invoice INV-0042Sent
Example invoice lines
DescriptionQtyNetVAT
Design retainer, October1£1,250.00£250.00
Brand guidelines1£480.00£96.00
Total due£2,076.00

Bills, receipts and bank reconciliation

Record supplier bills, attach the receipt, and pay them from the books. Bring in your bank statements and match each line to the invoice or bill it settles, so the bank balance in VexLedger agrees with the real one.

  • Bills, expenses and receipt capture
  • Statement import with suggested matches
  • You confirm each match; nothing is posted behind your back
Bank reconciliation3 lines to review
  • Payment received · matches INV-0041+£1,800.00
  • Cloud hosting · matches a bill−£340.00
  • Card payment · no receipt yet−£142.50

VAT worked out for you

VAT return boxes are calculated from your posted sales and purchases, with the transactions behind each figure one click away. Corporation Tax is estimated as you go, so the bill is never a shock.

  • All nine VAT return boxes, from the ledger
  • Corporation Tax estimate alongside
  • Built around HMRC's Making Tax Digital
VAT returnExample quarter
Box 1 · VAT due on sales
£2,840.00
Box 4 · VAT reclaimed on purchases
£920.00
Box 5 · Net VAT to pay
£1,920.00

Reports you can rely on

Profit and loss, balance sheet and trial balance are always one click away, by business or by brand, and always agree with each other because they come from the same ledger.

  • Profit and loss, balance sheet, trial balance
  • Customer and supplier ageing
  • Lock a finished period so figures cannot change
Trial balanceBalanced
Example trial balance
AccountDebitCredit
Bank current account£8,240.00–
Trade debtors£1,420.00–
Sales–£9,660.00
Total£9,660.00£9,660.00

Year-end accounts

Year end, explained as you go.

You do not need to be an accountant to get your statutory accounts right. For companies, VexLedger works out which type of accounts to prepare, walks you through what to check, and produces the documents.

  1. Step 1

    Your company

    Size tests run on your own figures to show whether you are a micro-entity or a small company, with your filing deadline and the late-filing penalties.

  2. Step 2

    Before you sign

    A plain-English checklist: some items checked by VexLedger, some for the directors to confirm, such as depreciation, accruals and the tax charge.

  3. Step 3

    Review the figures

    Your balance sheet and profit and loss account in the statutory format, drawn from the ledger and mapped line by line.

  4. Step 4

    Sign and download

    The required statements and notes are written in for you. Download the accounts as PDF, and as iXBRL for HMRC and Companies House.

FRS 105 and FRS 102 1AMicro-entity and small company formats
iXBRLChecked against the FRC taxonomy
Kept currentThresholds, deadlines and wording are updated by us when the law changes

VexLedger prepares your accounts and the iXBRL files. Filing with Companies House and HMRC is not yet done from inside VexLedger.

Security and control

A ledger you can audit, not just trust.

Accounting records have to be reliable years later. VexLedger treats a posted entry as permanent: it is never edited in place. If something was wrong, you reverse it and the correction sits alongside the original, with a record of who did what and when.

Bookkeeping
Double entry, unbalanced entries refused
Corrections
Linked reversals, never overwrites
Audit trail
Append-only record of changes
Closed periods
Lock a period once it is final
Currencies
Reported separately, never silently combined
Data location
Records and files stored and processed in the EU
Access
Roles per brand, two-factor sign-in

Ready to see your books clearly?

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