FRS 102 1A and FRS 105 workflows
Separate paths for small companies and micro-entities, with the reporting basis visible to the reviewer.
Accounts production software
Statutory accounts, inside the same workflow.
SmartBooks brings accounts production into the same workspace as Smart Inbox, MTD VAT, MTD ITSA and Self Assessment. Prepare review-ready statutory accounts for UK companies, keep the working-paper trail attached, and route sign-off before filing decisions are made.
Direct answer
What is accounts production software?
Accounts production software helps accountancy firms prepare statutory accounts, disclosures, approval packs and filing-ready outputs for companies. SmartBooks focuses that workflow on UK small-company and micro-entity accounts, while keeping the ledger, Smart Inbox evidence and review trail together.
- Designed around UK statutory accounts workflows.
- Connected to Smart Inbox evidence and ledger review.
- Built for human approval before filing decisions.
- Part of the wider SmartBooks MTD and Self Assessment workspace.
Workflow
From ledger to filing trail.
Accounts production is not only the final accounts document. It is the path from source evidence to reviewed balances, disclosures, approvals and filing records.
- Step 1 · Prepare
Pull clean ledger data into the accounts file.
SmartBooks starts from the reviewed books, not a detached spreadsheet. Trial balance, year-end adjustments and supporting schedules stay connected to the source records.
- Step 2 · Select
Choose the right reporting framework.
Prepare small-company accounts under FRS 102 Section 1A or micro-entity accounts under FRS 105, with the review workflow making the basis visible before sign-off.
- Step 3 · Review
Route exceptions before anything is filed.
Disclosure checks, director approval, missing evidence and unusual balances land in a review queue so the responsible person can approve the final accounts.
- Step 4 · File
Keep the Companies House and HMRC trail together.
SmartBooks is designed to keep the accounts pack, iXBRL output, sign-off state and filing evidence in one workspace for the firm and client record.
What firms need
Accounts production without a detached year-end process.
The goal is not another isolated accounts tool. The goal is to carry the evidence, ledger, review notes and filing pack through the same SmartBooks workspace.
iXBRL-ready accounts packs
Accounts production should end in a filing-ready pack, not a manual tagging exercise at the last minute.
Director and firm approval trail
Move from prepared to reviewed to approved with a clear audit trail before submission decisions are made.
Human approval before filing
SmartBooks supports the workflow. Final accounting treatment and filing decisions stay with the responsible person or firm.
Working papers connected to intake
Receipts, invoices, bank lines and adjustments stay linked back to the Smart Inbox and ledger evidence.
One workspace with MTD
Accounts production sits beside MTD VAT, MTD ITSA, Self Assessment, invoicing and client document intake.
For practices
Built for firms that want fewer disconnected systems.
If the same client needs document intake, MTD VAT, MTD ITSA, Self Assessment and statutory accounts, the work should not be split across five disconnected products. SmartBooks makes the year-end accounts pack a continuation of the accounting workflow.
Primary sources
Accounts filing is becoming more software-led.
SmartBooks content uses official sources for Companies House filing, small-company accounts and UK financial reporting standards. Product availability and filing status should be checked during demo and onboarding.
Accounts production demo
See the accounts workflow inside SmartBooks.
We will show the Smart Inbox evidence trail, ledger review, accounts production flow and approval guardrails in one workspace.
Running a firm? Book a 15-minute demo.