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Sage 200 Financials Explained

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June 15, 2022

Sage 200 enables you to manage your financial accounts and transactions in an efficient, streamlined way. The software has many features that can be used to tailor the management of your financial records for your specific business needs, making it possible for you to easily access information about your customers, suppliers and finances at any time. Here are some of its key features:

 

Sage 200 Sales Ledger

 

Sage 200 Sales Ledger is a module that is used for recording sales transactions. It has a host of useful features, including:

  • A user interface designed to make data entry quick and efficient.
  • Intelligent sales ledger entries that automatically calculate tax, discounts and VAT.
  • The capability to enter transactions using multiple currencies.

 

Sage 200 Purchase Ledger

 

This is a module that enables you to record purchase transactions, keep track of purchases and generate reports. This can be used for invoicing the company’s creditors, as well as recording payments made to suppliers.

The purchase ledger also allows you to generate management reports and process supplier payments automatically, which can not only save a great deal of time but also help you to maintain great relationships with your partners.

 

Sage 200 Nominal Ledger

 

The purpose of the nominal ledger is simple: to keep track of what money each customer, supplier and employee has coming into or going out of their accounts each day. In short, the nominal ledger helps you manage cash flow by providing an overview of where all your money is coming from or going to at any given time.

 

Sage 200 Cash Book

 

Sage 200’s Cash Book features a handy split payments feature that allows you to break a single invoice into two or more parts. It can be done by your customer and can also be done by you at any time before you submit the invoice for processing.

 

Sage 200 Invoicing

 

Sage 200 Invoicing is a fully integrated invoicing solution that can share and update information across your whole system. This means that when one changes some information (for example, an address), all related documents will also be updated automatically by Sage 200 accounts.

Sage 200 Invoicing is also integrated with Sage 200 Sales Ledger – this means that once an order has been placed through your sales system, it can automatically be added into the correct invoice template ready for printing out at the click of a button.

 

Key benefits of Sage 200 to your business

 

Sage 200 is a comprehensive accounting solution that helps you to manage your business:

  • It’s easy to use, so you can get started right away.
  • It’s affordable, with the cost based on the number of user licenses you require.
  • It’s reliable, with downtime exceptionally rare offering you round the clock access to your accounts.
  • It’s secure, with a dedicated network connection from Sage and only authorised users able to access the system remotely through secure logins and passwords.

 

Conclusion

 

Sage 200 is flexible, scalable and easy to use. It allows you to keep control of your business’s finances by providing you with a complete overview of performance on screen at any time and from anywhere.

We highly recommend Sage 200 for companies who have outgrown their existing accounting package, especially those using Sage 50 Accounts. If you would like more information on Sage 200 Financials or would like to take advantage of a free 30-day trial, you can request a free call back here.

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