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 1Part I: Getting Started with Sage Instant Accounts 5Chapter 1: Introducing Sage Instant Accounts 7Chapter 2: Creating Your Chart of Accounts and Assigning Nominal Codes 35Chapter 3: Setting Up Records 55Chapter 4: Recording Your Opening Balances 75Part II: Looking into Day-to-Day Functions 93Chapter 5: Processing Your Customer Paper work 95Chapter 6: Invoicing Your Customers 107Chapter 7: Dealing with Paperwork from Your Suppliers 117Chapter 8: Recording Your Bank Entries 127Chapter 9: Maintaining and Correcting Entries 143Chapter 10: Keeping Track of Your Products 153Part III: Running Monthly, Quarterly and Annual Routines 163Chapter 11: Reconciling Your Bank Accounts 165Chapter 12: Running Your Monthly and Yearly Routines 177Chapter 13: Running Your VAT Return 191Part IV: Using Reports 205Chapter 14: Running Monthly Reports 207Chapter 15: Tackling the Complicated Stuff 221Chapter 16: Running Key Reports 235Part V: The Part of Tens 251Chapter 17: Ten (Okay, Eleven) Funky Functions 253Chapter 18: (Not Quite) Ten Wizards to Conjure 257Appendix: Glossary 263Index 267