Running Monthly Reports
In This Chapter
Using the Sage standard reports
Using the Chart of Accounts to check report layouts
Running a Trial Balance
Creating a Profit and Loss account
Printing your Balance Sheet
Viewing the audit trail
This chapter concentrates on the reports that you can produce at the end of the monthly accounting procedure. I assume that you’ve run the month-end procedure and processed all the necessary journals, as I tell you how to do in Chapter 16. Now you need to provide some meaningful information to the managers of the business. The reports must be easy to understand and use headings that are meaningful to the business.
Running reports is an opportunity to see how well your business is progressing: if the business is meeting set targets, ...