11/11/2022 0 Comments Peachtree accounting demo![]() ![]() Failure to submit accurate taxes can result in falling foul of the HMRC. You will have to calculate VAT returns and other business taxes. Sage 50 Accounts offers easy and error-free tax computation:Ĭomputation of business taxes is often regarded as a daunting, stressful and overwhelming task. The comprehensive set of features allows businesses to streamline customer management. A single edition of Sage 50 Accounts may consist of different versions.įurthermore, Sage 50 Accounts also offers payroll processing, inventory management and credit card processing features. Sage 50 Accounts is available in different versions and editions in order to meet the requirements of businesses with varying levels of complexity. Scalable versions to match different business requirements: The features are explained in simple, non-technical jargon and moreover, the practice and demo data section helps non-accountants understand the different tools available (payroll and credit card processing are add-on modules to Sage 50 Accounts). For example, if you are a business owner who is not a qualified accountant by profession, you can still use Sage 50 to manage your business requirements. User-friendly software that can be used by non-accountants:Īlthough Sage 50 Accounts is an accounting solution at its core, it can be easily used by non-accountants too. The user can also create customised reports from the Excel and Crystal function in the Sage 50 information section. For example, you can generate monthly, quarterly and annual reports as well as comparison reports for two different accounting periods. ![]() Sage 50 Accounts offers a range of reporting functions that facilitates simple, easy and convenient report generation. Company reports are generated for different user profiles including investors, shareholders and auditors. Sage 50 Accounts offers an improved reporting function that allows you to customise data and formats in financial statements. This helps reduce the likelihood of accounting fraud. Users are able to view data but cannot amend it in any way. This implies that you can control the level of access to company data and reduce the likelihood of theft and fraud of company resources.Īdditional security features include the inability to make changes to the accounting data of a prior accounting period in the current period. Sage 50 Accounts provides multi-level security features that allow you to restrict access across the organisation. Enhanced security:Ĭompany data, including accounting data is often sensitive and confidential in nature. Read on to understand why learning Sage 50 Accounts can help you manage your business and advance career prospects at the same time. Learning the tools and functionalities incorporated in Sage 50 Accounts allows users to manage their businesses more efficiently and profitably. Sage 50 Accounts is used across a wide cross-section of professionals including bookkeepers, accountants and financial managers. Businesses come in all shapes and sizes and each one has its own unique set of requirements. It has been specially designed to meet the needs of small and medium businesses. All contact details for Sage are available from here.Age 50 Accounts is one of the most popularly used software accounting packages in the UK. To review Ask Sage, Business Advice and Health and Safety advice, go here.
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