The following table has been provided so that it is easy to compare Sage 50 Accounts packages to see at a glance which of these products may be suitable for your business.
Program / Features
Sage 50 Accounts
Sage 50 Accounts Plus
Sage 50 Accounts Professional
Departmental functions (1)
Import data features (2)
Send electronic invoices, statements and reports (3)
Can be integrated with Microsoft Excel (4)
Document management facilities
Can have multiple businesses within the package (5)
Cash planning functionality
Full purchase ledger facilities
Full sales ledger facilities
Full VAT processing and reporting
Built-in financial reports (6)
Design your own reports and layouts (7)
Supports simultaneous users (8)
2
2
10
Management information system included
Multiple bank accounts and reconciliation facilities
Retains past data and information
Stock control facilities
Records discounts to customers
Records early payment discounts
Repeat invoices functionality
Product and service price lists
Individual project set-up and analysis (9)
Fixed asset management
Change the financial year end after data has been entered
Print cheques for within the program (10)
Add components together to create new stock items
Provide customer quotes and proforma invoices
Reverse posted journals
Set-up multiple delivery addresses for a single customer
Sales and purchase order processing features
Lists products and services in foreign currencies
Global foreign currency rates conversion
Individual order currency conversion facilities
Extensive sales order fulfilment functionality
Notes:
(1) Departmental functions allow the categorisation and analysis of different parts of the business. Sage 50 Accounts Plus and Sage 50 Accounts Professional have advanced features enabled for departmental analysis.
(2) Whether changing from other accountancy package or if a list of suppliers is held in another program, this data can be directly imported in to your Sage Accountancy program.
(3) Invoices and other documents can be sent via email directly to customers and suppliers from within the Sage 50 Accounts program and thus ensures the details have not been altered which can happen if the information has to be manually re-written in to another program.
(4) Integration with Excel allows for the transmission of Sage data to a spreadsheet for further analysis.
(5) The multi-company functionality allow for the storage of several separate businesses to be housed within the same Sage 50 Accounts program.
(6) A vast array of financial reports is available covering every aspect of the business from budgets to customer balances owing. With over 100 logically categorised reports, owners can see at a glance how both individual areas of the business and the global operations are performing.
(7) In addition to the above a simple to use report designer allows you to create entirely new analysis of any area of the business and to just change the arrangement of an existing layout. Sage 50 Accounts allows you to have the analysis you want, when you want it.
(8) Sometimes owners or managers want to view or alter data whilst someone else is working on it. The facility to have users simultaneous work of the accounting data means that this can happen without the risks of corruption and interference.
(9) The ability to define individual projects and then to allocate costs and income to them provides an unrivalled means to see which income streams generated profit for the business. This can indicate to the business which areas to pursue and exploit and which need to be altered or scraped because they are loss making activities.
(10) When suppliers need paying the functionality to view a list of creditors, enter the payments and then at a touch of a button print the relevant cheques from within the system ensures that time is saved by engaging this smooth one step process.