Sage 50 Accounts
Management Reports
In Sage 50 Accounts there are various management reports which show the overall value or profitability of your business in a few short reports, such as a balance sheet, profit and loss and trial balance report.
The Balance Sheet report – Shows the worth of your business at any given period in time. It details your business’s assets and liabilities.
The Profit and loss report – Shows how your business is doing over a specific period of time. It shows the value of sales, purchase, expenses, and overheads, then your business’s total profit or loss.
The Trial Balance report – Shows each nominal code balance up to a specified period. The balance displays as debits or credits.
How to run a management report
- On the navigation bar, click Nominal codes.
- Click your management report, for example Profit and Loss.
- Click how you want to output it, for example, Preview or Printer then click Run.
- Select the Period e.g. April 2024 and 9: September 2024 to run a Profit and Loss account for 6 months.
- Select the Chart of accounts you want to use, the Default Layout will have all the nominal codes included, but you can have may different layout depending on what information you want to report on.
- Click OK.
If you would like help with running management reports, or if you need any other help with your Sage 50 Accounts, please contact us
