Ok I use this program everyday.
This program is relatively easy to use.
Getting around is easy everything is labelled for you. You want to look at your suppliers, you click on suppliers button, from here you can look at individual suppliers, whats paid whats outstanding. They same applies for customers.
You can view reports which can be customized to view all outstanding, all within a date, etc
You can see all transaction in that year by the financials button and look at your nominal ledger with the nominal ledger button.
Journals are easy to use. Go to nominal ledger, click journals and type away. (Journals are how you post things to the different accounts, e.g. rent account, sales account, etc.) Bank journals are easier, just click the bank button and select the bank and the select if the money was paid out or received. You can post it directly to the supplier or customer accounts. Or just as a receipt or payment.
You can easily correct mistakes. If you entered an invoice incorrectly. Just go to the maintenance in the options menu and find the transaction and edit it from there.
It would help if you have an understanding of accounts. Just in the way of debits, credits, profit and loss and balance sheets. If know about theres accounts terms then things like journals and nominal ledger will fit it.
With this software, you can sort out you VAT. When entering in invoices you select the VAT code t1 for VAT or t9 for VAT exempt.
You can enter all you stock and do stock takes, create customer invoice, this then up dates the stock levels.
This is very good piece of software for first time businesses to businesses that have been around for awhile. I wouldnt recommend this for very large companies as it can slow down with many transactions. They only thing is it is quite expensive. Around £100 and more. But what you get is good working software, updates, email support, they are really helpful. They really know the software inside out.
You can get Sage payroll if you have employees and do their wages.
Sage Line 50 is a great accounts package, it is user friendly, and accountant friendly. The best feature of Line 50 is the fact that you can delete invoices, by selecting an invoice from the special menu then deleting it. You may think that this is not a good idea, but it hasn't really deleted it, it just flags it as deleted and removes it's effects from teh accounts. You can undelete it or find out details at anytime. This method is far better than counter entering. If you have your own business, and do your accounts manually, line 50 will save you lots of time when it comes to doing vat returns. As you are entering data, it tracks all vat details and when it's time to make your return, you just press a button and it is all done for you. There is also a stock system, which works in conjunction with purchase order processing and sales invoicing. If you put a purchase order on the system via product codes, it automatically books it into stock when delivered. Same as when you create invoices by product codes, once invoiced it books them out of stock. The reporting system is easy to use, and comes pre-programmed with general reports such as cash flows, budgets and nominal reports. For the more advanced user, you can even create you own reports. It is a well thought out accounts package, that's accountant friendly as well as user friendly. Go get yourself a copy!
My father has been using this system now for over 8 years to do stock control for his business, in various versions. The system has handled the growth with him through time effortlessly. The feature list has grown more slowlyover the past few years so I'm not sure exactly what life this products development-cycle has left. Features-wise this will offer many if not all of the reports a standard manager might be needing on a day-toweek-month basis. What reports don't exists can easily be added and modified as and when necessary. Network support can be flakey so don't expcet smooth sailing during setup but after this everything should be fine. Nice product and very stable.
Sage accounting software is simple to use but sophisticated enough to produce any report a manager might require. We have used Financial controller and Payroll for several years and it has met all our requirements and quite honestly I would say it helped with the growth of the business. Setting up the system, as with any accounts package, is the most difficult part. Here it is necessary to consult with auditors and everyone who will be involved with the system and the paperwork, particularly if stock control is used. As a manufacturing company we had thousands of stock items and deciding on codes and entering them was difficult and tedious. We did not use the system for stock control (in our case it was impracticle) but it was invaluable for sales analysis. Once it was installed the initial cost of purchasing the package (now around £800 for financial Controller and £350 for Payroll) was recouped within the year as accountants fees were significantly reduced. Once the system is up and running it is so simple to use that anyone can be trained to use it with the help of suggested routines and procedures. I have trained three people successfully who had no previous experience in either book keeping or computers (one went on to train in accounting from this simple introduction). But for those who are familiar with manual book keeping it is even simpler as the package is based on standard manual systems. What I liked best about Financial Controller is that it is not only a package for doing the accounts but also the most important management resource we had. It has the facility to produce reports on anything and everything. At the press of a button reports are available on money in the bank (the potential situation not only actual),credit control, cashflow, ratios, product sales and customer trends and whatever else you need to know. From Payroll it is possible to produce reports on overtime worked, sickness time etc. We used Sages own support, S
agecover, for both accounts and Payroll and when we have needed assistance it has always been given promptly and in a professional and helpful manner. My only criticism is that I think the consumables such as payslips etc. are rather expensive.