Sage 50 Essay

863 Words2 Pages

1. What is SAGE 50 accounting
Sage 50 is an easy-to-use desktop accounting software comprising stock management, payroll and credit card processing for small and medium businesses. There are two versions: Sage 50 Accounting U.S. (previously Peachtree Accounting) and Sage 50 Accounting Canada (previously Simply Accounting). Sage 50 Accounts is the market-leading accounts software that provides to businesses easy management of customers records, suppliers records and day-to-day finances. From invoicing clients and paying suppliers, to dealing with every feature of VAT and accounts, it helps organizations manage all the diverse areas of business operations. It gives management the information needed to stay in control efficiently and drive the …show more content…

Financial reporting and Performance appraisal
SAGE 50 integrated an innovative reporting tool to its software, named “SAGE 50 Intelligence Reporting”. As indicated by its name, the module allows users of SAGE 50 to easily, quickly and accurately generate Microsoft-Excel-ready reports concerning all sectors of the business. The Intelligence Reporting module delivers for example:
1. Company Dashboard Report:
This basically describes the key features of the business including top products, financial analysis and so one. This can give a real-time overview of the overall health of a business at a glance and at the same deliver critical information in one location to help business owners make better, faster, and smarter decisions for a significant competitive advantage.
2. Inventory analysis:
This includes for example item description details and item quantity information over a given date range. It provides the business with real-time information about its inventory to help it better manage inventory levels.
3. Sales

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