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In this section:

• Sage & Accounts Overview
• What is the Nominal ledger all about?
• What is Open Period accounting about?
• Fixed Assets & Depreciation
• Accruals & Prepayments
• Wages Journal
• VAT Reconciliation
• VAT Scale Charges
• Stock Valuation
• Work in Progress
• Thinking For Your-Self

Although you are not going to become a fully fledged management accountant by reading a web page, having read this guide you will be able to understand the objectives and goals and you can produce accounts each month that more closely represent what has taken place during the period.

You will be able to carryout a substantial amount of primary work leaving your accountant to tweak slightly to finalise the period's account.

The following topics should give you a good start:

• What is the Nominal ledger all about?
• What is Open Period accounting about?
• Fixed Assets & Depreciation
• Accruals & Prepayments
• Wages Journal
• VAT Reconciliation
• VAT Scale Charges
• Stock Valuation
• Work in Progress
• Thinking For Your-Self

Please note that you should not act alone based on the information in this site. Always seeks professional advice from a qualified accountant before making any change to accounting practice.