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This article is a sub set of the Annual Accounts Checklist

Please read this article in conjunction with the annual accounts checklist. If you are a Sage user, then the steps you need to follow on your Menu are set out below. This summary was originally prepared in 2006. If you have a later release of Sage and we need to update this advice please let us know.

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Ensure that you are asking Sage to produce reports which cover only the specific trading period that we are working on. You should end up with 4 main reports and (if you are VAT registered) an extra 4 VAT reports. If your VAT quarters are not aligned with your trading year, then we shall need 5 VAT reports to ensure that the whole year is covered.

Bank account

Bank – Reports – Current Account – Bank Payments and Receipts

Profit and loss

Modules – Financials – Profit and Loss

Balance Sheet

Modules – Financials – Balance Sheet

Nominal Ledger

Modules – Nominal Ledger Reports – Nominal Activity Report

VAT

Modules – Financials – VAT – VAT100 (x 4 – for each individual quarter)

Please send all of the files together as attachments to a single e-mail. Thank you.

Posted on 7 Oct 2009 by The Proactive Accountant Dot Com