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Credit Control
- Sage Instant Accounts provides many small businesses with the
basic accounting system they need, but if they want to grow,
they really need to take more active control over their
business. Sage 50 Accounts provides more sophisticated features
to control the business – such as credit control to help manage
cash flow in and out of the business.
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Report Capabilities
- The reporting in Sage 50 Accounts is also stronger than
Instant – including Excel Integrated Reporting to allow managers
to analyse their business performance in far more detail (see
new features).
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Frequent
Transactions –
Recurring invoices, customer receipts & supplier payments,
allowing automation of regular transactions.
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Refund Management
– Recording payments made to customers and receipts from
suppliers directly onto their accounts, simplifying refund
process and reconciliation procedures for VAT and Bank
procedures.
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Department
Management –
Whilst extended recording capability in Sage 50 Accounts has
been introduced, if departments are a key requirement to the
business, they can produce Profit & Loss, Balance sheets per
individual department or for a range of departments based on
date or accounting period, allowing them to monitor business
performance and key trends no matter what they are used for.
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Advanced Budget
Management – The
budget management feature gives businesses a much tighter
control over their performance and the ability to spot issues
more easily allowing them to take the necessary corrective
action.
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Multi Companies
– It may be the business has expanded – opened another shop or
office, the additional companies in Sage 50 Accounts will help
them manage this.
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Charities
– Sage 50 Accounts has specific functionality to support the
needs of not for profit organisations including Fund Management,
Gift Aid reporting.
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Sage Additions
– It may be the business requires a third party add on or Sage
Software to manage specific requirements for your business e.g.
direct debit collection, web integration.