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Sage Instant Accounts For Dummies, 2nd Edition

Sage Instant Accounts For Dummies, 2nd Edition

Jane E. Kelly

ISBN: 978-1-118-84793-0

Apr 2014

304 pages



Get to grips with Sage Instant Accounts in simple steps.

This comprehensive guide walks you through every aspect of setting up and using Sage Instant Accounts, from downloading and installing the software to customizing it to your needs. Packed with handy step–by–step instructions (and fully illustrated with screenshots), this book is the easiest way to get the most from Sage Instant Accounts and take control of your business finances.

Learn to:

  • Keep track of money in and out and easily view your cash position
  • Produce reports on your business performance and profitability
  • Store customer information and easily generate quotes, invoices and remittances
  • Record and accurately manage your VAT - and submit your VAT return to HMRC online
  • Prepare for business audits and your financial year-end
Introduction 1

Part I: Getting Started with Sage Instant Accounts 5

Chapter 1: Introducing Sage Instant Accounts 7

Chapter 2: Creating Your Chart of Accounts and Assigning Nominal Codes 35

Chapter 3: Setting Up Records 55

Chapter 4: Recording Your Opening Balances 75

Part II: Looking into Day-to-Day Functions  93

Chapter 5: Processing Your Customer Paper work 95

Chapter 6: Invoicing Your Customers 107

Chapter 7: Dealing with Paperwork from Your Suppliers 117

Chapter 8: Recording Your Bank Entries 127

Chapter 9: Maintaining and Correcting Entries 143

Chapter 10: Keeping Track of Your Products 153

Part III: Running Monthly, Quarterly and Annual Routines  163

Chapter 11: Reconciling Your Bank Accounts 165

Chapter 12: Running Your Monthly and Yearly Routines 177

Chapter 13: Running Your VAT Return 191

Part IV: Using Reports 205

Chapter 14: Running Monthly Reports 207

Chapter 15: Tackling the Complicated Stuff 221

Chapter 16: Running Key Reports 235

Part V: The Part of Tens 251

Chapter 17: Ten (Okay, Eleven) Funky Functions 253

Chapter 18: (Not Quite) Ten Wizards to Conjure 257

Appendix: Glossary 263

Index 267