Module 14

Question 1

What are the 10 key steps in the process of using accounts production to reach the final accounts stage?

Answer 1

1. Create a new client- code
2. Enter the business details-STATIC DATA
3. Enter the comparative postings- start of period, past years. Non for new businesses. Code.
4. Enter the current years postings
5. Enter the year before last
6. Complete remaining client data input - updating static data for any changes
7. Print/preview a set of accounts
8. Add/amend account and group descriptions
9. Enter depreciation dates
10. Print final accounts/other reports