Sage 50 Accounting Features

Peachtree is now:
Sage 50 Accounting Peachtree

One of the most widely used business management
solutions for small and medium companies.

To learn more, call 061 982 324.

Learn more

Peachtree is now:<br>
Sage 50 Accounting Peachtree

Cash flow and invoicing

Cash Flow Manager is a powerful invoicing system that gives you an instant snapshot of your cash flow. It shows you the balances of your cash accounts, cash expected to come in, and cash expected to go out. It gives you a clear picture of your finances when you need it.

Customize the cash flow settings to get a more granular view of your finances. Change the time frame to view by a particular period, or filter by type of transactions like invoices, quotes, and purchases. You can also add adjustment lines and amounts so you can
forecast possible future income and expenses. Other features include:

'Broadcast' invoices to many customers.
Create custom recurring invoices.
Get paid faster with online 'Pay now' functionality.
 
 

Payments & Banking

The accounts payable and banking features include purchase orders, invoices, payments, bank feeds, and account reconciliation. It's also fully integrated with the inventory management system. Automate any of these processes to eliminate manual entry. 

Manage payments and connect to your bank feeds for full visibility of your accounts and finances. Eliminate manual data entry and simplify payment acceptances with automatic reconciliation. Screen reader support enabled.

Advanced inventory management

Know what's in stock and what's on order. View quantities on hand and stay on top of purchase orders. Use inventory items to easily enter transactions and track costs and quantities. 
 

Tracking inventory in Sage 50 is basically a three-step process: enter item information for sales account, inventory account, and cost of sales account.
 

Sage 50 then computes and tracks costs and quantities by item code daily, and adjusts inventory automatically each time you post a purchase or sale.

 

Job costing

Get greater insight into all your jobs and projects and know what you are spending and where. View how long your jobs and projects are taking to complete and estimate how much money you're making on each job.
 

Easily set up job records, phases, and cost codes. Track job costs through purchasing, inventory adjustment, payroll, and more. Print reports throughout a job's duration to find out the total amount spent and net revenues due for each job.
 

If you use phases or cost codes, you can generate reports to display this information, showing you if a job is over or under budget for any phase or task involved. This can help you control your costs by adjusting one phase or task prior to the job's completion.

 

Payroll

Simplify payroll processes for your employees with direct deposit, paycards, or direct-deposit checks.1 Monitor employee records like payroll checks you process and the payroll taxes you collect from your employees.
 

Leverage the Payroll Setup Wizard and employee defaults to get up and running quickly on Sage Payroll. You can also perform advanced payroll tasks, like tracking employee tips and managing vacation and sick time hours.
 

If you have employees who enter time tickets for hours worked on projects, you can create paychecks based on the hours recorded on time tickets during a payroll period.

 

Reporting

Leverage over 150 reports, including those specialized for construction, manufacturing, and distribution industries. Get the data you need to make informed business decisions.
 

Access one-click reports on payables, receivables, sales taxes, expenses, and profits, inventory, payroll, and jobs.  Plus you can design new reports, search text within reports, and drill down to transactions on displayed reports. You can also apply filters for customized views.
 

Report groups allow you to group reports, financial statements, and views together and print them in a batch. Use report groups when you need to print several reports or need to schedule reports to be printed.

 

Sage Security Shield

Sage Security Shield is an industry-first security suite that empowers small and medium-sized businesses to quickly take control of their business identity protection. Sage partnered with Sontiq to provide Security Shield for Sage 50cloud customers to help protect the financial wellness of our customers and safeguard their employees.

 

Learn More About Sage 50cloud Accounting Industry Solution

Construction Retail Accountants Professional Services

Sage 50cloud Accounting

Cash flow and invoicing

Cash Flow Manager is a powerful invoicing system that gives you an instant snapshot of your cash flow. It shows you the balances of your cash accounts, cash expected to come in, and cash expected to go out. It gives you a clear picture of your finances when you need it.

Customize the cash flow settings to get a more granular view of your finances. Change the time frame to view by a particular period, or filter by type of transactions like invoices, quotes, and purchases. You can also add adjustment lines and amounts so you can
forecast possible future income and expenses. Other features include:

'Broadcast' invoices to many customers.
Create custom recurring invoices.
Get paid faster with online 'Pay now' functionality.
 
 

Payments & Banking

The accounts payable and banking features include purchase orders, invoices, payments, bank feeds, and account reconciliation. It's also fully integrated with the inventory management system. Automate any of these processes to eliminate manual entry. 

Manage payments and connect to your bank feeds for full visibility of your accounts and finances. Eliminate manual data entry and simplify payment acceptances with automatic reconciliation. Screen reader support enabled.

Advanced inventory management

Know what's in stock and what's on order. View quantities on hand and stay on top of purchase orders. Use inventory items to easily enter transactions and track costs and quantities. 
 

Tracking inventory in Sage 50 is basically a three-step process: enter item information for sales account, inventory account, and cost of sales account.
 

Sage 50 then computes and tracks costs and quantities by item code daily, and adjusts inventory automatically each time you post a purchase or sale.

 

Job costing

Get greater insight into all your jobs and projects and know what you are spending and where. View how long your jobs and projects are taking to complete and estimate how much money you're making on each job.
 

Easily set up job records, phases, and cost codes. Track job costs through purchasing, inventory adjustment, payroll, and more. Print reports throughout a job's duration to find out the total amount spent and net revenues due for each job.
 

If you use phases or cost codes, you can generate reports to display this information, showing you if a job is over or under budget for any phase or task involved. This can help you control your costs by adjusting one phase or task prior to the job's completion.

 

Payroll

Simplify payroll processes for your employees with direct deposit, paycards, or direct-deposit checks.1 Monitor employee records like payroll checks you process and the payroll taxes you collect from your employees.
 

Leverage the Payroll Setup Wizard and employee defaults to get up and running quickly on Sage Payroll. You can also perform advanced payroll tasks, like tracking employee tips and managing vacation and sick time hours.
 

If you have employees who enter time tickets for hours worked on projects, you can create paychecks based on the hours recorded on time tickets during a payroll period.

 

Reporting

Leverage over 150 reports, including those specialized for construction, manufacturing, and distribution industries. Get the data you need to make informed business decisions.
 

Access one-click reports on payables, receivables, sales taxes, expenses, and profits, inventory, payroll, and jobs.  Plus you can design new reports, search text within reports, and drill down to transactions on displayed reports. You can also apply filters for customized views.
 

Report groups allow you to group reports, financial statements, and views together and print them in a batch. Use report groups when you need to print several reports or need to schedule reports to be printed.

 

Sage Security Shield

Sage Security Shield is an industry-first security suite that empowers small and medium-sized businesses to quickly take control of their business identity protection. Sage partnered with Sontiq to provide Security Shield for Sage 50cloud customers to help protect the financial wellness of our customers and safeguard their employees.

 

Industry Solutions

Client management

  • Easily manage all your clients in one place.
  • Create a company for them in Sage 50 Accountant Edition or sync their Sage 50cloud to your account.
  • Offer preferred pricing of 50 % off to new Sage 50cloud clients.

Advanced reporting

Detailed, easy-to-understand reporting gives you a holistic view of your client’s finances. Leverage more than 150 reports, including:
 
  • Financial statements.
  • General ledger.
  • Job costing.
  • Budgeting.
  • Specialized reports for your construction, retail, manufacturing, and distribution clients.
 

Payroll

  • For your clients : Sage 50cloud simplifies payroll processes with direct deposit, pay cards, or direct-deposit checks.
  • For your accounting firm : Sage 50cloud calculates payroll tax, tracks payroll tax expenses, and creates state and federal tax forms as well as W-2s.
 

Sage Security Shield

Sage Security Shield is an industry-first security suite that empowers small and medium-sized businesses to quickly take control of their business identity protection.
 

Stay on top of project cost

  • Easily create, track, and report construction projects with advanced dashboards.
  • Use job records, phases, and cost codes to manage every stage of a project in detail. 
  • All change order information—including approvals—are kept in one place.
  • Create invoices based on the progress of a job for fixed priced contracts.
  • Allocate a percentage of payroll overhead costs to jobs for an accurate cost of production.
  • Know exactly when a subcontractor’s insurance is going to expire.
 

Reporting

  • Analyze job profitability and stay on top of cash flow with a detailed breakdown of each project.
  • Compare profits with previous jobs to keep tabs on your cash flow. 
  • Enhance decision making with real-time data and built-in, customizable reports.
 

Better manage your cash flow

  • Use the Cash Flow Manger to easily analyze and forecast your cash flow.
  • Adjust your numbers and run “what is” scenarios to meet current and future needs.
  • Effortlessly create, send, and track invoices in real time.
 

Payroll

  • Simplify payroll processes for you and your employees with direct deposit, paycards, or direct-deposit checks.
  • Stay compliant with automatically calculated payroll tax deductions. 
 

Track projects with ease

  • Easy-to-use dashboards allow you to create customers, manage service jobs, and track overhead expenses for your business in one place.
  • Process change orders and bills for ongoing services.
  • Create time and expense tickets

Manage profitability

  • Get detailed, easy-to-understand reports to track the profitability of each project.
  • Compare profits with previous jobs to keep tabs on your business’s cash flow.


Invoicing made simple

  • Effortlessly create, send, and track invoices in real-time
  • Get paid faster with online “Pay now” functionality using Stripe and PayPal.

Payroll

  • Simplify payroll processes for you and your employees with direct deposit, paycards, or direct-deposit checks. 
  • Stay compliant with automatically calculated payroll tax deductions. 


Stay on top of your stocks

  • Monitor stock levels and fulfill orders promptly while controlling costs.
  • Utilize multiple inventory methods.
  • Set minimum stock and reorder points.
  • Create product assemblies.


Real-time visibility and insights

  • Get real-time visibility and insights.
  • Forecast and monitor your cash flow with an automated, easy-to-read dashboard.
  • Adjust your numbers and run “what is” scenarios to meet current and future needs.
  • Enhance decision making with real-time data and built-in, customizable reports.


Easy invoicing

  • Effortlessly create, send, and track invoices in real-time.
  • Invoicing made easy with reusable records for every stock item, service, and auto-adjustment
  • Get paid faster with online “Pay now” functionality using Stripe and PayPal.


Payroll

  • Simplify payroll processes for you and your employees with direct deposit, paycards, or direct-deposit checks. 
  • Stay compliant with automatically calculated payroll tax deductions. 


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