Sage Financial solutions are available for all sizes of business. From start up, one man bands through to multi site, multi miliion Pound/Euro businesses. The Sage 50 Accounts solutions are ideal for smaller businesses and introducing many of the features of its bigger brother. Sage 200 enriches the offering, adding support for larger numbers of user, staff and reporting functionality.

To jump to the Sage 200 section please click here

Sage 50 Accounts

The Sage 50 range of software is designed for small and growing businesses. Sage 50 Accounts helps you to manage your customers, suppliers and day to day finances, including your VAT and end of year accounts.

Stay in control of your finances and share information with your accountant in a common language. Free yourself to concentrate on running your business.

Manage your finances

With Sage 50 Accounts, Sage have made managing your day-to-day finances – things like profit and loss, sales and purchase entry and keeping track on what goes in and goes out – really easy. You simply enter information once and all the double entry details are filled in automatically, with reports and summaries updated at the same time. By keeping things simple, doing your accounts isn’t such a time-consuming job.

Manage your VAT

Sage 50 Accounts will help you keep on top of those VAT returns, making sure you’re keeping the right records and calculating your VAT correctly.

Having integrated the same technologies from their Payroll and CIS solutions you can now submit your VAT returns online with complete piece of mind and minimum effort. Sage 50 Accounts is fully tested and achieved recognition for filing VAT returns (VAT 100 and VAT101) with HMRC. This should give confidence that you are submitting the right information securely.

Manage your adjustments

There are a number of reasons why you may have to adjust the figures on your VAT return prior to sending them; your accountant may perform or send through corrections, or your business may use non standard VAT schemes.

When adjustments are made you can record the amount together with the reasons helping you and your accountant reconcile the changes and account for them when facing inspections from the HMRC.

Managing your customers and suppliers

So the scenario is simple, you provide goods, you supply those goods and the customer pays you…simple right? In reality this process is often more complicated than it sounds, You may have to negotiate discounts in order for deals to be closed or need cash up front to purchase materials. With the Sage 50 Accounts solution these types of sales are straightforward to manage and account for.

Dealing with discounts: In order to satisfy some of your customers, it is often important to be able to reduce the total value of orders or invoices. Sage 50 Accounts can automatically calculate the effects of percentage discounts or one off reductions and display this information clearly on your invoices.

This means you can be sure your figures are accurate and both you and your customers know exactly how things stand.

Dealing with deposits

Knowing who owes you what and when is the basis of the successful management of your accounts. Sage 50 Accounts helps you manage deposits no matter how big, small or complex.

Whether you’re calculating a percentage of the total or taking into account a lump sum; whether you need to take payments before you confirm an order or just at the point of sale, Sage 50 Accounts makes sure the figures add up. Because deposits are clearly shown on your invoices and orders, customers can see exactly what they owe and when.

Managing card payments from your customers

As you would expect with the growing trend for automated card transactions, the Sage Accounts solution has a number of tools allowing you to undertake these transaction quickly, securely whilst automatically updating your accounts.

Helping you understand your business

Information you enter into your accounts contains just about everything you need to know to manage your business.

When you enter basic transaction details, you’re not just managing your cash and VAT; you’re also building a valuable database of information about your business.

Analyse:

Who your best companies best customers are
Who is buying what
When they are buying it
Which suppliers supply which products
Who has the best credit history

And much more.

Report by period, see your profit and loss, balances and other information in an easy to understand format. Customise or choose from a variety of pre-defined reports.

Available products:

Sage 50 Accounts – download a brochure here

If you would like more information on the Sage 50 line of products please call (+44) 161 975 1600 (UK) or (+353) 21 429 9123 (IRE) and someone will be able to contact you to discuss your exact requirements. Alternatively click here to be taken to our contact us page, where you can enter your enquiry.

Sage 200 Financials (Comes as part of the Sage 200 Financials and Commercials Product)

The highly flexible Sage 200 financial modules form the core to the Sage 200 suite. It enables your accounts department to take full control of costs and processes.

The financials application contains:

Nominal Ledger
Cash Book
Sales and Purchase Ledger

The Sage 200 financials builds on the feature packed Sage 50 range, giving you the flexible tools you need to fully control your costs, processes and business and help drive it forward.

Nominal Ledger

The Sage 200 Nominal Ledger provides you with a wealth of reporting and business management information. Get a multi-level breakdown by cost centre and department, giving you total flexibility to track budgets and produce profit and loss reports by product, sales region or even individual departments. It provides comprehensive analysis of VAT and a more simple way to manage it.

Process transactions quickly and efficiently

Create templates for recording repetitive transactions like payroll values. The prepayments option allows you to cater for items that have been paid in advance, such as insurance. Accruals can be configured and automated to cater for anything you pay in arrears, such as electricity bills. You can also place transactions on hold with the batch postings facility.

Budgetary control to monitor performance

Track your actual performance against your budgets by recording this year and up to 5 previous years of annual or monthly budgets. You can also calculate monthly budgets by percentage or by import. Furthermore, you can export information and analysis it in other applications.

Rapid deployment

You can import transactions and budgets that are held in other applications quickly and easily. Multiple cost centres and codes can be quickly created using existing information, eliminating the need to re-key information.

VAT Returns made simple

The screen actually replicates a printed VAT Return. Analyse the figures produced using the drill down facility.

Effective consolidation

Nominal Ledger data from separate companies can be merged for financial reporting. This includes companies operating in different currencies and nominal structures, as the software converts values to the base currency of the parent company.

Cash Book

The Cash Book controls all of your bank, investment and cash accounts, with the ability to configure all Standing Orders and Direct Debits. It offers multi-currency processing and advanced bank reconciliation, including links to online banking services.

Automate Direct Debits and Standing Orders

Arrangements can be made to automate transactions on a monthly, quarterly or user-defined basis.

Save time and money with Bank Reconciliation

Reconcile bank statements with details of payments and receipts entered. Discrepancies can be recorded, along with other transactions like bank and interest charges.

Foreign Bank Accounts & Electronic Banking

Caters for your different banking requirements, such as inter-account transfers and foreign currency. Electronic banking allows for transactional information requests to be downloaded from the bank and reconciled when required, giving flexibility that puts you completely in control.

Sales and Purchase Ledger

Sage 200 offers total control for managing your customers and suppliers, no matter what currency they trade in. These ledgers are designed to allow you to enter data quickly, by specifying defaults that suit your processes. You can attach all relevant documents to a customer or supplier records, as well as details of individual trading terms. And if you have large volumes of transactions, invoice processing can be batch controlled.

Key Features and Benefits

Quickly locate and interrogate transaction data - All details are within easy reach whether they are related to the financial or commercial ledgers. For example drill down to view the details of an invoice, order or to analyse a transaction under query as well as any transactional notes that may have been recorded.

Designed for rapid data entry - Both ledgers can be configured with numerous defaults to speed up the data entry process and ensure compliance with agreed terms of business. For example, VAT can be applied automatically at the standard rate but can be changed; and in the Purchase Ledger a ‘For Authorisation’ flag can be set automatically on invoice transactions over a certain value. When entering transactions such as invoices, colour-coded warnings assist in preventing errors while not interrupting your workflow. In addition transactions can be batched up and applied to the ledgers at ‘off-peak’ times to optimise system speed.

Process Foreign Currency transactions - You can trade in up to 100 foreign currencies, setting up each supplier or customer account with an operating currency. Balance and turnover will be maintained in base and foreign currency within the ledgers. Payments and Receipts can be made though the Cash Book or Sales/Purchase Ledgers and exchange rate fluctuations are dealt with by calculating ‘gains’ and ‘losses’ and posting them to specific nominal accounts.

Credit Control - The Sales Ledger provides the best tools to manage your debtors, including retrospective aged debtor reports, customer statements and customisable debt chasing letters - with the flexibility to analysis absolute or overdue debt against customisable ageing periods. Furthermore the credit control options stored against a customer record can automatically calculate average time to pay, key credit control dates and has the ability to on-line credit check.

Automate Payments - The Purchase Ledger allows you to quickly identify all invoices overdue for payment and those that, if paid, will qualify for settlement discount.

Automatic error correction - Should you post a transaction incorrectly; Sage 200 can automate the necessary accounting processes to reverse it, updating the audit trail in the process.

Customer analysis - Customers can be segmented (prospect, trade customers etc.) so that sales information and buying trends can be easily viewed and analysed. In addition you can analysis sales figures by specific trading periods, for example daily and weekly.

Find out more information

For information please download one of the following brochures:

Sage 200 Financials and Commercials - Here
Sage 200 Suite Brochure - Here
Sage 200 Business Intelligence Brochure - Here

The Sage 200 Financials build on the already excellent facilities available in the Sage 50 and Sage Line 100/MMS products. To understand the benefits of upgrading please download the brochures below.

Sage 50 to Sage 200 Upgrade Guide - Here
Sage Line 100 to Sage Upgrade Guide - Here

Contact us

If you would like more information on the Sage 200 suite of products please call (+44) 161 975 1600 (UK) or (+353) 21 429 9123 (IRE) and someone will be able to contact you to discuss your exact requirements. Alternatively click here to be taken to our contact us page, where you can enter your enquiry.