IDL Systems Ltd, Sage 200 suite, crm software, stock control software uk, financial accounting: idlsystems

Managing your VAT:
With Sage 50 Accounts 2008, you’ll find all the information and actions you need to prepare, generate and reconcile your VAT returns in one place, so you can stay on track.

We’re already helping thousands of UK businesses successfully submit information and payments to HM Revenue & Customs (HMRC) online with our Payroll and CIS software. Now we’ve taken the same proven technology and introduced it into Sage 50 Accounts 2008 to help you submit your VAT returns online with complete peace of mind and minimum effort.

And because Sage 50 Accounts 2008 software has been fully tested and achieved recognition for filing VAT returns (VAT 100 and VAT 101) from HMRC, you can be sure you’re recording and submitting the right information securely.

Managing adjustments:
There are a number of reasons why you may have to adjust the figures in your VAT return before sending them off to HMRC. Your accountant may perform or send through corrections, or your business may use nonstandard VAT schemes. Whatever you need to adjust, Sage 50 Accounts 2008 makes it simple and straightforward.

You can record the amount together with the reasons for each adjustment to help you and your accountant reconcile the changes and account for them when facing inspections from HMRC. Because each transaction is now flagged with a unique VAT return number and stored along with complete histories of your VAT returns, they’re easy to trace when it comes to audits from your accountant or inspections by HMRC - and that could save you a great deal of time and hassle.

Trading in the European Community:
For businesses that trade with other countries in the European Community, you can now
see your EC Sales list as an onscreen report, helping you identify and automatically calculate the value of sales to individual customers.

Helping you to deal with VAT changes as a result of ‘carousel’ fraud:
Legislation to combat VAT ‘carousel’ fraud was introduced on 1 June 2007. That means if you trade mobile phones or computer chips with a total net value of more than £5,000 with other VAT registered companies, you’ll need to change the way you record and report that trade for VAT purposes.

With Sage 50 Accounts 2008 we’ve made it even simpler for you to account for this kind of transaction. You can now generate the relevant reports on screen and submit them directly to HMRC; saving you time and helping ensure you record the right information.

Helping you understand your business:
Want to see more than just monthly figures in your Profit and Loss and Balance Sheet reports? Do you need to see them month-by-month, quarter-by-quarter or year-on-year?

With Sage 50 Accounts 2008 you can do just that, all in the same report. We’ve included even more pre-defined reports to help you analyse what’s going on in your business. But that doesn’t mean we’ve neglected flexibility.

When you’re looking for specific information and analysis, you can choose what you want to compare, based on the factors that are most important to your business, so you get the information you need to make informed decisions.

And when you need to see the detail, to understand the actions that lie behind the top level figures, you can do that too - right down to individual transactions.

Managing your customers and suppliers Dealing with discounts:
It’s always useful to be able to offer an incentive to drive sales, and we know that sometimes you need to reduce the total value of an order or invoice.

With Sage 50 Accounts 2008 you can automatically calculate the effect of percentage discounts or one-off reductions and display that information clearly on your invoices. That means you can be sure that 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 it’s due is the basis of managing your finances. That’s why we’ve designed Sage 50 Accounts 2008 to help 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 2008 makes sure the figures add up.

And because you can display deposits clearly and accurately on your invoices and orders, your customers can see exactly what they owe and when, so you reduce the risk of having to chase them for overdue or incomplete payments.

Managing card payments from your customers:
As more and more businesses want the option of taking card payments from customers, we’ve developed tools to help you do it quickly and securely whilst automatically updating your accounts.

Sage Payment Solutions allows you to validate and take card payments by telephone or mail order. It offers secure and instant validation, saving you time and reducing the risk of fraudulent card use.

At the same time, all the relevant records in your Sage 50 Accounts software are updated automatically, helping you to keep your bank accounts and business finances up to date and avoid the errors associated with re-keying data.

Sage 50 Report Designer and Sage 50 Intelligent Reporting:
Sage 50 Intelligent Reporting is a great compliment to Sage 50 Accounts. Sage 50 Report Designer has a powerful capability that allows customers to analyse their data and drill to the detail underlying the reports.

Sage 50 Intelligent Reporting extends this further providing the business with a powerful analysis tool to customise how the information is presented such as graphs, dashboards and customisation. It also provides the user with great flexibility for the production of management reports – customised chart of accounts can easily be set up for reporting on both nominal and department information.

Managing your business now and in future

Making the most of online banking:

Making payments online can save you time, reduce the cost of transactions with your bank and help you maintain good relationships with your suppliers.

With Sage 50 Accounts 2008 all the tools you need to use e-banking services with your accounts are included as standard in your software. So even if your bank charges you an additional fee for its online services, we don’t.

Because many banks now provide electronic statements it’s easier to keep your accounts and bank reconciliations up to date. Simply download your statements and the step-by-step guide will help you reconcile your accounts quickly and without errors.

Now we can also offer you a greater choice of major banks whose online services work with your Sage 50 Accounts software.

Doing more business online:
If you’re looking for ways to reduce the costs and increase the speed of doing business whilst increasing the levels of service you offer, being able to manage your invoices and orders electronically can help.

With Sage 50 Accounts 2008 you can send and receive orders and invoices via email directly from your accounts software.

Your customers and suppliers can view and print the orders no matter what accounting software they use. But if they also use Sage software (and 730,000 customers in the UK do) they can automatically process the information.

Because there’s no need to manually enter order and invoice details, you reduce the risk of errors, speeding up the whole process and improving customer service.

Staying up to date:
We do our best to help you keep up to date with the rapidly changing business world. And sometimes that means updating our software.

To help make sure you’re working with the latest tools, we’ll let you know when updates are available for you to download without disrupting your day-to-day business via our improved RSS feeds. You can choose how often you want to check for updates, then view and download the latest information about your software at a time to suit you.

Help when you need it:
Getting help with Sage 50 Accounts doesn’t just mean finding out how to use your software, it means finding ways to help you get the most from it too. We’ve included user guides and help topics to help you get up and running and show you what’s new.

But we also provide thousands of questions and answers based on real life business scenarios with our Ask Sage service which you can access directly from your software.

Updates – Like for Like: