Year-end bookkeeping for UK accountants
Year-end shouldn’t start with twelve months of data entry.
The period is closed and the deadline is fixed. Entrio turns the year’s bank statements into a review-ready trial balance — opening balances carried in, bank reconciled, every figure traceable — before accounts production starts.
| Code | Account | Opening | Movement | Closing |
|---|---|---|---|---|
| 1000 | Current Account | 10,000.00 | 11,536.31 | 21,536.31 |
| 1010 | Savings Account | 5,000.00 | 4.11 | 5,004.11 |
| 4000 | Sales Revenue | 0.00 | (12,750.00) | (12,750.00) |
| 4200 | Interest Received | 0.00 | (4.11) | (4.11) |
| 7200 | Rent & Rates | 0.00 | 950.00 | 950.00 |
| 6300 | Computer & IT | 0.00 | 263.69 | 263.69 |
| 9999 | Opening Balance Equity | (15,000.00) | 0.00 | (15,000.00) |
| Totals | 0.00 | 0.00 | 0.00 |
Year-end is predictable. The hours never are.
The deadline was in the diary twelve months ago. What wasn’t predictable is the state the records arrive in: statements produced late, coding done inconsistently or not at all, and a trial balance that is still several hours of manual work away from existing.
So the fee was quoted for the accounts, and the time goes on the bookkeeping underneath them.
You still need clean bookkeeping, a reconciled bank, sensible VAT treatment and a trial balance you can defend. Entrio takes the manual rebuild out of the middle so the year is ready to review when accounts production begins.
Where Entrio fits
Entrio is not accounts production software.
It prepares the year before it reaches Xero, FreeAgent, Sage or QuickBooks. Your accounts production process still produces the statutory accounts, the tax and the filing — it just stops receiving a shoebox and starts receiving a trial balance.
- Chase the year’s statements
- Paste twelve months into Excel
- Code the year line by line
- Find the duplicated month
- Strip out inter-account transfers
- Reconstruct VAT after the fact
- Reconcile to the closing balance
- Assemble a trial balance by hand
Most of an afternoon before the accounts work starts
- Import the statements as the bank produced them
- Categorise on your firm’s rules
- Review the exceptions, not the routine
- Reconcile — gaps surface before export
- Trial balance that foots both ways
A trial balance that already foots, ready to review
- Statutory accounts
- VAT returns and payroll
- Corporation tax
- Companies House filing
- Invoicing and client access
Carries on exactly as it does today. Nothing needs migrating.
Entrio doesn’t replace your accounting software. It replaces the hours before you open it.
What makes a year-end different
A year-end has a start, an end, and a door that shuts.
Catch-up work is about volume. Year-end is about closing something properly — which means the year before it has to be settled, and this one has to stay settled once it’s agreed.
Opening balances that carry in
Enter them from last year’s accounts, or roll them forward from a period you’ve already signed off in Entrio. Either way they flow into the trial balance rather than sitting in a note beside it.
Journals for the adjustments
Accruals, prepayments, depreciation and the corrections that only appear at year-end. Post them with auto-reversal where they need it, so next year doesn’t inherit this year’s timing.
A signed-off year stays signed off
Lock the period once it’s agreed and nobody edits figures the client has already seen. The closing position becomes next year’s opening position, and the roll-forward is a preview before it’s a commitment.
| Code | Account | Closing YE 2026 | Opening YE 2027 |
|---|---|---|---|
| 1000 | Current Account | 21,536.31 | 21,536.31 |
| 1010 | Savings Account | 5,004.11 | 5,004.11 |
| 4000 | Sales Revenue | (12,750.00) | 0.00 |
| 3000 | Retained Earnings | 0.00 | (11,540.42) |
Same fee. A fraction of the hours.
Move year-end from data entry to accountant review.
The fee for a set of year-end accounts rarely moves, because the bookkeeping underneath them is invisible to the client. Entrio changes where those hours go.
A fair question
“We already have accounts production software.”
Good — keep it. Accounts production starts from a trial balance. It assumes one exists. The work of getting to that trial balance from a client’s bank statements is precisely the work it doesn’t do, and precisely the work Entrio does.
Entrio hands over
- A trial balance that foots both ways
- A reconciled bank position
- P&L, balance sheet and a statement of accounts
- An audit trail behind every figure
As CSV or PDF. Direct integrations are on the roadmap and are not built yet.
Your accounts production still does
- Statutory accounts formats
- Corporation tax
- Companies House filing
- Prior-year comparatives on the face of the accounts
Entrio never files anything, anywhere, on your behalf. That boundary is deliberate.
Proof, not promises
We can’t show you a case study yet. We can show you the arithmetic.
No case studies yet — we’re taking our first firms now. What we can do is let you check the arithmetic, which is the only claim that matters here anyway.
We’d rather show you a reconciliation you can pick apart than a testimonial you can’t check.
Founding firms · 20 of 25 places left
Shape year-end around the deadlines you actually work to.
We’re taking our first firms as founding members, and year-end is where the awkward cases live: late statements, VAT edge cases, opening balances that don’t agree. Bring them. 33% off, locked for as long as you stay. Best suited to firms who like sharpening the tools they work with.
Tell us what your firm actually needs. What fits real practice gets built.
Talk to the person building Entrio — not a ticket queue.
Founding firms get first response when something needs fixing or explaining.
Keep your founding rate for as long as you stay — it never expires, never rises.
Pricing
Priced per practice, not per statement.
Unlimited uploads on every plan. The work bunches at year-end, and that is exactly when you shouldn’t be watching a meter.
One bookkeeper, a manageable list of clients.
- Up to 50 clients
- 1 team member
- Unlimited statement uploads
- Your own chart of accounts & firm rules
Need a little more? Add 10 clients for £10/mo, or a team member for £29/mo — no need to jump a tier.
Start on SoloA small firm with staff and a full client book.
- Up to 250 clients
- 5 team members
- Unlimited statement uploads
- Your own chart of accounts & firm rules
Need a little more? Add 25 clients for £15/mo, or a team member for £25/mo — no need to jump a tier.
Start on PracticeA full practice, counted generously.
- Up to 1,500 clients
- 25 team members
- Unlimited statement uploads
- Your own chart of accounts & firm rules
Need a little more? Add 250 clients for £60/mo, or a team member for £15/mo — no need to jump a tier.
Start on FirmEvery plan starts with a 14-day free trial No card required Cancel anytime
Frequently asked questions
Before you hand it a real year-end.
Can I import PDF statements?
No, and it is a deliberate choice rather than a gap. Entrio takes exported Excel and CSV statements because parsing them is materially more reliable than parsing PDFs. Across a full year of transactions that difference does not stay theoretical — it lands in your trial balance. Most banks will export a date range as CSV; asking the client for that once is cheaper than checking a PDF parse line by line.
Where do opening balances come from?
Either you enter them from last year’s accounts, or Entrio rolls them forward from a period you have already signed off in Entrio. Once a year is locked, the closing position becomes the next year’s opening position and flows straight into the trial balance.
Does Entrio produce prior-year comparatives?
Not yet. Reports today show the year you are working on. If you need comparatives on the face of the accounts, they come from your accounts production software, which is where the finished year lives anyway.
Does Entrio replace Xero, Sage or accounts production software?
Not for live cloud clients or for statutory filing. Entrio finishes at a reviewed trial balance — including cash-basis accounts prep for self-employed clients who never need a Xero seat. Your accounts production process still handles statutory formats, tax computation and filing. Entrio never files anything.
Can I do cash-basis accounts prep for sole traders here?
Yes. Import the year’s statements, categorise, reconcile and produce a profit and loss and trial balance for the tax year. That is cash-basis accounts prep in Entrio. You still complete Self Assessment and submit to HMRC in the software you already use for tax.
Can I review everything before it leaves?
That is the whole design. Categorisations, VAT treatment, exceptions and reconciliations all stay visible, and the export is blocked while a reconciliation is still open. Nothing is signed off on your behalf.
Can several people work on one year-end?
Yes. Invite your team, apply firm rules so a junior codes a payee the way a partner would, and every change is logged with a name and a timestamp for the review file.
What about VAT for the year?
VAT journals can be prepared for the year, but nothing is treated as final without you confirming it. Entrio does not submit a VAT return — that stays with your MTD software.
Get to year-end review faster.
Start with one year-end. Import the statements, let your rules code them, and see what the trial balance looks like when the manual rebuild is taken out of the middle.