Top 5 Features of Sage 50 You Should Know About

1. Top 5 Features of Sage 50 You Should Know About Having accountants work amongst piles of documents to meet with their client's demands was a common sight back in the day. However, in the present day, the rage is to "make tax digital". Businesses are quickly switching to using best-in-class accounting software to juggle their tasks with perfection. And, one such preferred choice of accounting software is Sage 50 cloud-based. Hence, the current trend is all about being dynamic with choices to meet the industry standards. Sage 50 is leading accounting software which is loved by accountants and accounting firms altogether. The software is targeted towards assisting and handling accounting tasks for small as well as big businesses. It escalates the pace of processing the information and has functions designed to cater to accounting-specific tasks, such as bill payment, managing account payables, expense management, sales reporting, etc. All of these features help alleviate the whole of the accounting process for organizations Credits to its impressive features, the popularity of Sage 50 is growing by the day. Let's look into a few of those features that make Sage 50 a cutting edge software and the choice of many: 1. Sales Optimization The size of the business doesn't matter when it comes to tracking the orders received and sales targets met in a specific period. Just a click is what's needed to make a sales order and generate invoices. With Sage 50 cloud, all the orders can be tracked, quotes can be created, and then converted into sales orders with invoices. In short, organizations can easily rely on this software for providing sales optimization reports. 2. Cashflow Management It is a tedious task to track the expenses incurred by clients. To track the cash flow for every individual client, accountants dedicate a large chunk of their time every month into creating financial reports manually. But, with the help of Sage 50 on the cloud, automated reports can be generated timely. One can even decide upon the most suitable layout of the reports before downloading them to use. Also, when using Sage 50, there is no need to update or edit these financial reports being used for presentations, that's because these already are downloadable in impressive presentable layouts, saving accountants a lot of frugal time. www.thesagenext.com Call on: +1-855-922-7243

2. 3. Payroll Management This feature helps in keeping track of employee payment, benefits, and file taxes. For organizations with hundreds of employees, managing the payroll becomes quite a daunting task. With the help of Sage 50 software, managing Payroll services becomes a breeze. It comes with an in-built Payroll feature which can be used to track profits, and report taxes. As this tax software is compliant with all of the latest payroll and pension legislation, it's safe to use. When Sage50 software is hosted on the cloud, anywhere anytime access to payroll information can be enjoyed. 4. Managing Aspects Of HR It might come as a surprise to some, that Sage 50 can also prove beneficial for HR professionals. With Sage 50, one can create a basic statement of employees, store documents like passport details, details of maternity pay like MATB1. Information like appraisals, disciplinary can also be stored and managed. All this can be tackled and kept track of with any time access with Sage 50 on the cloud. 5. Inventory Management It is very essential for businesses that are involved in the selling of products and retail activities, to have their inventory well managed. Monitoring stock is very essential as the product shortage might prove to be beneficial for class competitors, and an overhaul of the products would also hurt the company's budget. Any business facing poor inventory management can switch to using Sage 50 software. With its inventory management feature, businesses can stay on track and turn a profit. It comes with real-time stock data, making it easier to keep track of what stock should be increased or curbed according to the prevailing trends, and purchasing patterns. All of this ultimately results in, efficient time management and saves the company from incurring losses. A Tie Down To sum it all up, Sage 50 seems a choice fit for organizations that are keen on improvising and fast- tracking their record-keeping processes. For accountants to manage the account books and for the HR professionals to tackle the employee data, Sage 50 comes as an answer to all these situations, it speeds up and better organizes the whole process. When hosted on the cloud Sage 50 becomes even better, as it allows anytime access to the crucial data from anywhere across all smart devices www.thesagenext.com Call on: +1-855-922-7243