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Accounts production that halves preparation time

Silverfin’s cloud-based accounting software automates the year-end process from start to finish. Live data connections ensure statutory accounts update automatically as work progresses, while built-in iXBRL tagging supports compliance without additional steps. There’s no manual re-entry and no version control confusion.

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Silverfin's Accounts Production software is simple to use and saves time.

Create consistency more efficiently

Improve accuracy, reduce rework and complete year-end accounts more efficiently using automated, standardised templates. Live data flows directly from client bookkeeping systems into working papers and disclosure notes, with updates applied automatically whenever source data or working papers change.

Year-end preparation, without the disruption

Year-end work shouldn’t involve chasing updated files, reconciling mismatched systems or repeatedly updating accounts by hand. Those challenges often arise when accounts production tools aren’t connected to where the work is actually done.

Silverfin provides live data connections throughout the year-end process. As working papers are completed, statutory accounts update automatically. When balances change, figures refresh instantly. When audit adjustments are made, accounts reflect them straight away.

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iXBRL tagging, handled automatically

iXBRL tagging is applied in the background as financial statements are prepared. Machine-readable tags are embedded automatically, removing the need for separate tagging tools, specialist software or manual checks.

Prepare statements for sole traders, partnerships, limited companies and non-profits. Roll forward prior-year accounts in seconds and file electronically when ready. Silverfin supports regulatory compliance through automation — without adding to your workload.

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Consistent quality across the firm

One of the biggest challenges in accounts production is not preparing individual files, but ensuring every client file meets the same standard when work is completed by different people.

With Silverfin, firms define best-practice workflows once and apply them consistently. Everyone follows the same steps, required disclosures are prompted automatically, and standard reports generate the necessary legal documentation. Files reach review in a consistent state, regardless of who prepared them.

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Integrated review and client collaboration

Built-in review tools allow teams to work together without relying on email threads or shared drives. Comments can be added directly within the accounts, progress is clearly tracked, and outstanding items are easy to identify. Files can be exported and shared with clients through the Pulse portal, keeping everything connected from initial data through to final submission.

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Enhancing Accounts Production: Moving ambitious accountants from data inputs to advisory outputs
Alistair Barlow from flinder

Massive process efficiency… reduced human effort.

“We’ve also unlocked a massive amount of process efficiency through integrating technology and, ultimately, reduced human effort.”

Alastair Barlow • Founder and Chief Dreamer • flinder

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FAQs

Designed for teams that rely on accurate, consistent data, Silverfin offers a broad set of tools to support every stage of client account preparation — from cloud-based automation and file standardisation to financial data analysis.

How does Silverfin simplify the process of preparing MTD-compliant accounts using live data and automation?

With live client data held in the Silverfin Hub, teams can always access the most up-to-date information and simplify core accounting work. A single, current data set helps prevent duplicated effort, while automation reduces errors and frees up capacity.

As a result, firms can prepare and file MTD-compliant statutory accounts more efficiently using smart templates. Notes and disclosures are included automatically, with accounts pre-populated using the latest data from Working Papers.

With Silverfin’s post-bookkeeping software, firms can produce compliant financial statements for a broad and growing range of client types and legal entities. The platform supports automated reporting for limited companies (FRS102, FRS102 1A and FRS105), as well as sole traders, partnerships and limited liability partnerships, using best-practice accounts production templates.

Data flows directly from working papers into accounts, with automatic iXBRL tagging. This reduces manual effort, supports compliance and saves teams significant time across the accounts production process.

Improve accuracy, limit rework and complete year-end accounts more efficiently using automated, standardised templates. Live data flows directly from client bookkeeping systems into working papers and disclosure notes, with updates applied automatically whenever source data or working papers change.

Save valuable time with automated iXBRL tagging applied directly to statutory accounts. Final accounts can be shared digitally with clients through the Pulse portal and submitted electronically to Companies House in just a few clicks.

All data passing through the Silverfin Hub is mapped using AI to a standardised Chart of Accounts and supported by built-in reporting, including profit and loss, balance sheet and key financial metrics. These reports can be branded to reflect your firm’s identity and reused consistently across clients.

Firms can extend capacity further using Silverfin Assistant, the AI-powered advisory tool designed to analyse client files and support junior staff development. By continuously scanning data for outliers, errors and potential opportunities, the Assistant reduces the need for manual checking and highlights areas that require attention.

Year-end preparation is also streamlined with support from Silverfin Assistant. As client files are analysed, the Assistant identifies data quality issues and suggests corrective or follow-up actions for preparers. This helps firms maintain confidence in service delivery while enabling junior team members to build skills through guided, AI-driven prompts.

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