Ok, have a read around on the web and in the articles in the beginners section on the Nitrogen Cycle.
The basics of it is that there is two types of beneficial bacteria, one that will convert ammonia into Nitrites and the other that will convert nitrite into nitrate. Ammonia is REALLY toxic, Nitrite is slightly less toxic and Nitrates is only toxic in high concentrations. Ultimately its good to have a test-kit for Nitrates but IMO (and others will disagree with this) as long as you do regular water-changes you're not going to need to test for them that often.