TAX

Incomplete Records, Tax, Vat & Stock Control - Sage 50 Professional

Incomplete Records – How to prepare a client’s account from incomplete records, using Sage 50 Professional.

VAT – Rules of registration and de-registration.

Reconciliation of VAT control.

Completing a VAT return.

Rates and penalties.

Retail schemes.

Import and export.

TAX – Self Assessment.

Stock Control – Using Sage 50 Professional.

Stock movements.

Bill of materials.

Sales order processing,

purchase order processing and stock reporting.

Invoicing from stock and updating stock records.

Management Accounting (Including budgets etc)

The roles and responsibilities of a management accountant.

Types of management reporting, including Budgets, Cash flow forecasts, and variance analysis.

Business Planning and Strategic Planning.

The role of budget holders, management meetings and decision-making.

Note:
This workshop is for those who know how to prepare accounts practically from source documents to Balance sheet. It is important that those who do not have work experience in preparing accounts attend the Financial Accounting workshop first.