Providing Information to Your Accountant

You may need to provide the following information to your accountant:

• Bank Reconciliation report and a copy of your bank statement
• Customer Aged Trial Balance (in AUD if multi-currency)
• Creditors Aged Trial Balance (in AUD if multi-currency)
• Inventory Valuation Report - Category Summary
• Job WIP Summary Report
• Uncosted Reports by Supplier for both local and imported goods
• Detailed Transaction Reports – Not every GL account needs to be printed at End of Year. An external accountant requires only a selection of transaction accounts for analysis. Consult with your accountant for their requirements. Common requests are:

• Fixed Asset accounts for additions and disposals
• Loan accounts
• Hire Purchase Liability accounts
• Lease liability accounts
• Income tax accounts for tax instalments
• Repairs and Maintenance expense accounts
• Salaries and Wages accounts, both Balance Sheet and Profit & Loss
• Legal Expenses accounts.

To print detailed transaction reports in MGL:

1. Select REPORTS | ACCOUNT INQUIRY.

2. Select a GL account.

Micronet displays the Account Inquiry screen.

3. Select INQUIRY | TRANSACTION.

Micronet displays a User Defined Questions screen.

4. Select a range at Starting and Ending Periods.
5. Select OK.