Checklists

Use checklists to keep a record of your ongoing tasks and the steps you have taken towards completing them. You can use Sage Simply Accounting's built-in checklists or create your own.

How will checklists help me?

It helps to have a daily and monthly routine to make sure that your company runs smoothly. This makes your accounting less onerous, as the tasks that you need to complete don't pile up. The following lists are provided by default in the Checklists window; you may want to add or remove tasks according to your period-end procedures.

Day-end procedures

• Print a list of the day's transactions.
• Print a list of changes made to any module (if you added a customer, modified an account).
• Enter a bank deposit: If you use Sage Simply Accounting to reconcile your accounts and have made a bank deposit, you may want to enter your deposit slip information in the Reconciliation and Deposits window.
• Check data integrity.
• Back up your data.

Month-end procedures

• Check data integrity and back up your data.
• Back up your company files.
• Reconcile your bank and credit-card statements. You may wish to reconcile your accounts at the end of the month as opposed to when you receive your statement.
• Print monthly reports. Make sure to print these reports before adding entries in the next month.
• Check your budget. If you work with monthly budgets, you should check to see that your actual figures match the budgeted ones.
• Clear paid invoices. Remove paid invoices every three to six months, to save disk space.

Calendar year-end

• Check data integrity and back up your data.
• Back up your company files.
• Print Year-End reports.

Fiscal year-end procedures

• Check data integrity and back up your data.
• Back up your company files.
• Print Year-End reports.
• Print budget reports (print the comparative income statement showing actual and budgeted amounts).
• Prepare this year's budget (update this year's budget using last year's comparative income statement).
• Make year-end adjustments: Ensure that the Do not allow transactions data before option is set, process your adjustments with a date in the previous fiscal year, uncheck the "Do not allow transactions dated before" option after you finish making adjustments.

What do you want to do?

Create a checklist

Add or modify the tasks on a checklist

Display the checklists that come with Sage Simply Accounting

Display checklists automatically

Mark a task as complete

Restore the original checklists that come with Sage Simply Accounting

Review the period-end task list