Speed batch entry
Giving you the ability to enter large volumes of transactions and
choose when to commit them to the ledgers.
Additionally, colour-coded alerts let you know if there’s a
potential problem without stopping your workflow.
Foreign currency capability
You can trade
with customers and suppliers outside of the UK and in any mixture
of currencies. For example, you can produce foreign currency
invoices, statements, receipts and payments and you can maintain
currency-specific product pricing and discounts.
You can specify spot and/or period rates of exchange for each
currency and all changes are recorded along with who made them.
All transactions are recorded in base currency with the exchange
rate used, so you can closely track the effects of currency
fluctuations over time.
Nominal cost centre and departmental
analysis
You can attribute costs, analyse budgets and
produce management reports, e.g. Balance Sheet and Profit and Loss,
by department and cost centre.
You can also attribute individual transactions by your own
analysis codes, for example, to track projects across
departments and cost centres.
Group budgets
Making it easy for you to manage your subsidiary companies. Sage
200 Financials includes multi-company consolidated
financial reporting and group budgeting capabilities.
Open or Closed Period Accounting
You can open, close and re-open periods as required, ledger by
ledger; up to 20 periods can be set for each financial year. Access
is tightly controlled by individual user permissions and there's a
full history of who changed what and when.
Trading Periods
These can be set up to match the accounting periods if required, or
have their own date range structure.
These date ranges can be set to suit your business, for
example, you could measure sales performance on a weekly basis at
busy times of the year and monthly at other times.
Comprehensive customer records
Store all the details on your customers for easy retrieval, with
instant links to their sales orders.
Credit Management
A range of credit tools are supplied including debtors' letters,
statement production, provisions for doubtful and bad debts and the
ability to place customer accounts on hold.
Detailed credit information can be held against each
customer/supplier record.
Automated payments
Sage 200 will suggest which payments to make to your suppliers in
order to benefit from early settlement discounts