Management accounts and IT resources for small businesses

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"I joined an organisation using Management Accounts Wizard for monthly management accounts reporting. I was skeptical at first and thought 'I will quickly replace it and report directly from Sage Line 50'. Six months later I am happy to continue using it."


A survey published by the Charity Finance magazine (Kingston Smith IT survey) indicated that Sage had over 40% of the accounting software market for those enterprises with turnovers up to £5 million.  In the same survey it was also stated that up to one quarter of enterprises used Microsoft Excel spreadsheets to produce detailed monthly management accounts from a trial balance.

 

 

Business Management Accounts from Sage Line 50 in Excel spreadsheet 


Monthly Management Accounts tool was developed in an Excel spreadsheet to help you collate monthly management accounts from small business accounting software such as Sage Line 50.  It gives you the freedom to assemble your monthly business accounts from the nominal code or trial balance structure in Sage Line 50 software. You can simply export the Sage trial balance to an Excel spreadsheet and group the nominal codes to provide the desired accounting report.  The business accounting tool places the nominal balances where you want them to produce your monthly business management accounting report. 

An example of a monthly management accounts spreadsheet report to help you get started is available: 

Download example of management accounts spreadsheet (zipped) .


The full wizard system is self auditing so you can easily identify when a new nominal code has been added to your Sage Line 50 business accounts software and needs to be included in your excel spreadsheet reports.

Management Accounts Tool uses an Excel spreadsheet with additional code running in the background to collate nominal code and trial balance output from Sage Line 50 software or other accounts software.

Benefits of Management Accounts Tool (Accounts Wizard) for Sage software and Excel spreadshheets

Download Management Accounts Wizard for free 

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Sage and Sage Line 50 are trademarks of Sage Ltd.
Excel is a trademark of Microsoft Corp.