• Transition from TASBooks to Sage 50
    Easy with the Right Partner and Remarkably Beneficial
  • Transition from TASBooks to Sage 50

Tag: accounting software for small business

Sage 50 Accounts Upgrade – v24 New Features

Sage 50 Accounts v24

Sage 50 Accounts upgrade

New and Improved Functionality:

  • Enhanced Bank Feeds
    • Sage 50 v24 introduces data matching rules for its users
      • Create and amend rules
      • View and approve transactions automatically generated based on the user created rules.

     

  • Hide nominal and bank accounts
    • Sage 50 v24 allows you to hide nominal and bank accounts from list screens and reports.
      • Just as easily as you can make your Customers inactive, Sage 50 v24 now has the option to make your bank accounts and nominal codes inactive which then gives you the option to hide them from view.

     

  • Go-Cardless integration
    • Version 24, is now integrated with GoCardless, a direct debit company. Whilst at the moment BACS and Faster Paying Service payments remain the key method for paying suppliers, it is estimated that the Direct Debit collection for consumer payments will grow 50% by the year 2025 (see report by UK Payment regarding UK payment forecasts and trends). Accordingly, businesses who collect payments by Direct Debit are already ahead of this curve. If customers are using the GoCardless platform for these payments, they can now have integration with this system and their Sage 50c Accounts software.

     

  • Improved payment runs which now exclude direct debit payments
      • Sage 50 v24 draws up the list of cheque and bank transfer payments to be generated by the software, by default suppliers will be excluded and marked to indicate that payments are made by direct debit.

     

 

Sage 50 version 24 New Features Includes:

  1. Improved software performance
  2. Show negative items on Invoices
  3. Enter Invoice and payments together
  4. Full transaction detail on most screens
  5. Flexible Due dates on Invoices
  6. Edit and Delete Journals
  7. Un-allocate Transactions
  8. Track Users changes to transactions
  9. Drill Down on aged reporting
  10. Get paid faster with Sage Pay Invoices (Subscription required)
  11. New Look and feel makes easier to find tasks quickly
  12. Will now work with up to 1.5 Million transactions
  13. Automatic Backups protect your data
  14. Allow your Accountant to connect to your data remotely
  15. Use the software remotely as a connected user (Subscription required)
  16. Vat Verification tool to make sure your VAT Information is up to date
  17. Ready for new hardware and windows 10 operating system
  18. Ability to see both values in a FX bank transfer.

 

Interested in Upgrading/Purchasing Sage 50 v24?

If you currently are not eligible for an upgrade to Sage 50c v24 and want to know if Sage 50c Accounts is for you, then please check out of Sage 50c product page.

If you are interested in upgrading your software to Sage 50c Accounts v24 then please email us on sales@pimbrook.ie with your company name and Sage serial number and we will happily get you a quote or If you’re not currently a Pimbrook Customer and wish to purchase one of the latest Sage 50 Accounts packages then please call us on 051 395 900 or 01 862 4016

3 Areas to Save Time in Sage 50

Boost your productivity and free up valuable time with these three clever Sage 50 tips. By investing just a little time now in familiarising yourself with these areas, you will save a lot of time by automating recurring chores that can eat into your valuable time. It will also mean that you are making the most of your investment in Sage 50 Accounting Software (the latest version of which is known as Sage 50c).

Automate Those Time-Consuming VAT Returns with Sage 50

If you work in any field of commerce, you’ll know that VAT (Value Added Tax) is a tax charged by tax-registered companies on goods and services supplied.

As we write this blog, there are three different rates of VAT charges:

Standard 23%
Reduced 13.5%
Zero 0%

Unless you are operating under the Cash Accounting Scheme, you will pay VAT when you issue an invoice to your customer, or reclaim VAT when a supplier sends you an invoice.

VAT Cash Accounting is slightly different, and means that you only pay VAT to the Revenue when the customer actually pays that invoice you have issued. It allows businesses to protect or utilise VAT for cash flow reasons. In a nutshell, you only become liable for the VAT amount when you actually have it in your bank account.

As a business owner, you are obliged to be compliant at all times, and return the correct details to the Revenue within a specified deadline. Normally, you will be making these VAT return on either a two-monthly or a four-monthly basis.

If a company decides to carry out its VAT computations on a manual basis, not only does it take valuable time, but you are also open to basic human error. It’s amazing how a single error in addition can leave you grossly misrepresenting the amount of VAT due, which may result in your making an unnecessary over-payment, or worse still, under-paying Revenue and possibly leaving yourself open to interest or penalties.

With Sage 50 Accounting Software (Sage 50c), however, all this work is done for you – saving you a huge amount of time and effort. All the relevant transactions are populated into the VAT area of Sage 50 to produce the correct data for your return, and you can send it off to Revenue safe in the knowledge that it is 100% accurate every time.

Not only is this super-fast and super-efficient, but it also means that a simple but costly maths error is completely out of the question.

Sage 50 Accounting Software (Sage 50c) will also cope with transactions being entered after the cut-off date, so that it is included in the next return. All that reconciling and calculating is done for you, quickly and efficiently and without any input on your part.
And to finish off the entire process for you, it will produce the support reports and documents in PDF format. This means that you can save them safely and securely, and can always access them again should you need to through your VAT module in Sage 50 (Sage 50c).

It’s also worth pointing out that Revenue are also pushing all businesses away from paper submissions to online submissions. This obviously makes sense in terms of overall efficiency, and is in keeping with the move to automating everything through the ROS portal.

Sage 50 (Sage 50c) can not only help you to create the file, but will also automatically upload it to ROS on your behalf. It’s fast, it’s slick and it makes your business function that much more professionally.

File your RTD with Sage 50 Accounting Software

Following on from being a VAT registered company, you must also submit an annual Return of Trading Details form to Revenue. Effectively, this represents a summary of all your VAT trading activity.

The return is usually based around the company’s accounting period, and there are strict rules around the deadlines for these returns. It’s a task that could easily be overlooked, leading to potential penalties on the part of Revenue.

Sage 50 Accounting Software (Sage 50c) include rules around calculating these details, and you must ensure your system is set-up accordingly to record the data. Set-up is fairly simple and quick, and once you’ve done it once, you can forget about it thereafter.

Again, once you have this data recorded, it is easily transferred to Revenue via the ROS system. The whole system is fool-proof, and will save you a lot of time and energy, but more importantly than this, it will give you the peace of mind of knowing that your returns have been made on time – and completely accurately.

Bank Reconciliation via Sage 50 Accounting Software

Back in the bad old days, you started with your T-Accounts, balanced the books and then prepared your Bank Reconciliation, starting with your opening bank balance, unpresented items etc. and trying to get back to the closing accounts balance. Not alone was this very time-consuming, but if just a single item had been omitted, it could take you days to find the problem and arrive at a final reconciliation.

Thankfully, those days are well and truly over. Reconciling in Sage 50 Accounting Software (Sage 50c) couldn’t be simpler. It’s been reduced to just a tick and check exercise.

It boils down to matching your Sage 50 transactions to your bank statement. And you know that if you have paid all your suppliers, and received all your customer payments, you have the correct starting point for the reconciliation.

But what the Sage 50 Bank Reconciliation also points out very quickly to you is any missing transactions – such as bank charges. And to avoid any delay in the entering and reconciling of these items, you can create the charge while completing the Sage 50 reconciliation.

When it comes to the next reconciliation, all the items that have been previously reconciled are cleared from the list, and your last reconciled balance is brought forward. All the reconciled and unreconciled items can be saved and ready for any audit.

So there you have it – three simple ways to save time and energy – and increase your level of accuracy. So what are you waiting for – get cracking with Sage 50 Accounting Software, now known as Sage 50c.

Sage 50 Accounting Software can save valuable time and increase your productivity.

If you have any questions or specific requirements Email us now! or Call us on Tel: 051 395900

 

Give your business a cutting edge in 2018

It may be a little early to think of the Christmas holidays, but here’s a thought that we’d like to plant with you. Most companies in Ireland tend to come to a halt for well over a week between Christmas and the New Year, and when you’re sitting at home in those long days after the turkey has been cleared away, it’s a fantastic time to come up with some fresh thinking for your company.

While you’re relatively relaxed – and without the daily pressure of the office – you can achieve great clarity of thought. Why not put it to good use by working on three or four core items that will give your company an edge in 2018? In no order, we’ve come up with the following:

 

Are you set up for success?

Accounting and Payroll operations

There is a huge amount of research evidence to support the claim that employees are significantly more productive when working in a physical space that suits their needs. Some people may prefer the privacy of a closed office, while others may prefer the more social nature of an open plan space. The key point here is that not all employees are the same, so it’s great to be able to offer a choice of working environments.

And it’s not just whether you opt for open plan versus private offices that impacts on staff. Humans react positively to factors like light. Natural light if best, of course, but if your offices are short on natural lighting, there are umpteen solutions on the market that can simulate natural light, with a proven ability to improve mood, energy levels and concentration.

We’re not suggesting that you spend a fortune in remodeling your workspace, but some thought to how you structure your offices could pay rich dividends in getting the most from your staff – and creating a workplace that suits their many different needs.

This could be as simple as tackling an old storage room that’s not doing much and turning it into a brightly coloured and casually furnished breakout room where your staff can go for informal meetings, think-ins or just to get some quiet time to concentrate on a difficult project.

 

Are you getting enough from automation?

Your staff are not just your most expensive asset – they’re also your most important. It stands to reason, therefore, that you’ll want to use them to best effect – on tasks that will make a real difference such as forging great relationships with your clients or coming up with new business initiatives.

To this end, it pays to make sure that as many as possible of your day-to-day office tasks are automated. For example, by calling on payroll software or accounting software to drive your company forward, you are freeing up hundreds of hours each year – hours that can be used on much more productive tasks. And don’t be put off by believing that software solutions are designed for bigger companies – there’s no shortage of accounting software for small business that can transform how you take care of time-sapping day-to-day accounts work. The latest edition to the Sage 50 family of software is Sage 50c, and it is a leading accounting software in the Irish market for small to medium-sized businesses.

It automates a whole host of tasks in areas such as Accounts Payable, Accounts Receivable, Cash Flow Management, Inventory Management and Invoicing. Each of these tasks, on their own, can sap a huge amount of man-hours, but when you combine them, the savings that automation yields are even more dramatic.

The best accounting software for your business is a solution that addresses not just today’s needs, but that also has the capacity to grow with you, without requiring a further major investment in the future. Choosing your small business accounting software could be one of the most productive things you could possibly do over the Christmas holidays. And wouldn’t that be a fantastic Christmas present to your business?

 

If you’re not a ‘natural delegator’, now is a good time to address this.

People often believe that they are naturally good at some things – and naturally bad at others. The fact of the matter, however, is that most skills can be acquired, and the ability to delegate very definitely comes under this heading.

Many executives feel an unnecessary degree of stress each year because they take on too much responsibility – not just for overseeing various tasks, but also for micro-managing them.

If you think you could do with some extra layers of delegation in 2018, here are five simple questions to ask yourself to check if it’s appropriate. If you can answer yes to most of them, maybe it’s time to hive off some of the work next year.

  • Is there someone else in your company who already has – or could be given – the expertise or knowledge to carry out the task. In other words, is it critical that YOU perform the work, or can you let go of it?
  • Could someone else in your organisation grow and develop their skill set by carrying out the task?
  • Will this task crop up again in the future? In other words, will you be doomed to carry it out forever if you don’t delegate it to someone?
  • Have you got enough time to spend on delegation, i.e. explaining what’s required, possibly giving training or advice, and being available to intervene if any problems arise?
  • Is this a task that’s better suited to someone else’s skills? This isn’t always the case, as recruiting new team members, for example, may be something that genuinely needs your experienced input.

 

If you’re not a ‘natural delegator’, now is a good time to address this.

We’re not by any means suggesting that a few hours solid thinking over the Christmas break will work miracles by itself. But it can mean that you come back to the workplace after the holidays with a clear picture of what you want to achieve – and perhaps a few starting points on your journey to a more efficient, more effective and more automated business.

And if you get it right, we promise that it will become part of your ‘Christmas routine’ from here on in. After all, who can quibble with a better business?

Spend some time over the Christmas holidays thinking about how you can improve your accounting and payroll operations – as well as remodelling your workspace. To find out more about our cloud-based solutions, call us at 051 395 900

 

Sage 50 Version 24 – Automatic Updates

Planning for your Sage 50 Version 24 Upgrade

Now that you have subscribed to sage 50 subscription you will be notified on any updates on your sage automatically unless you turn this off.  Please turn off these notifications from automatically update to manually update.  We recommend you change these settings by going into Tools – Options and tick Manual for each PC in your office and only upgrade your sage 50 when it is a planned upgrade.

 

Sage 50

 

If you decide you wish to go ahead with an upgrade please contact us first and check the following:

  • Your computer meets the system requirements
  • You’ve installed all the latest updates for Windows
  • You can log on to the computer as an administrator
  • If you’re installing on a network, that you have the right permissions on your data folder
  • It is important that your firewall or antivirus software doesn’t block the Data Service. Please ensure the following ports are open:
    • Sage 50 Accounts Service v24: TCP 32224
    • Sage 50 Accounts Control v24:  TCP 34224
  • Take a backup of all your companies within Sage 50
  • You can register and download the update from our Downloads and Update on our website https://pimbrook.ie/support
  • We recommend you install the software in a new location on your Server and your Client PC.

We would strongly recommend if you have your data on a network that you contact us to arrange for our technicians to come on site to run the update.   You can contact sales@pimbrook.ie to get a quote and arrange an appointment.

 

8 Great Benefits Of Training Your Employees

Whenever the topic of investing in staff training crops up, the chances are that someone will pipe up with “What if we train them and they leave?” But turn that thought on its head – what if you DON’T train them and they STAY?

Benefits of Training Your Employees

The fact of the matter is that well-trained staff are one of your biggest assets, and can contribute to the success of your company in a whole host of complementary ways. Training should not be regarded as a Profit and Loss item, but rather as an investment in your staff that will pay dividends for years to come. If you change your mind-set to look at training in this light, you can clearly see why there’s a clear business case to be made for having well-trained staff across all functions of your business.

Here are the 8 Benefits Of Training Your Employees:

 

  1. Makes recruitment easier. First of all, a great training programme will make recruitment of the best available talent that much easier. Research indicates that over a third of Millennials are attracted by the prospect of on-going training, helping to speed up their career arc and giving them the reassurance that their new employer is willing not just to hire them – but to invest in them. And as employment levels continue to rise, recruiting the right staff will get more and more difficult in the coming years – so make sure you give yourself the recruitment edge by offering training to your staff.
  2. Saves You Time and Money. Mistakes are expensive. When an untrained or poorly trained staff member messes up, it means that another, more senior employee has to step into the breach to sort the problem. And if the mistake is serious enough, it may suck senior management into the mess, eating into valuable management time, and remember that, unless you instigate training in response to persistent mistakes, they’re liable to continue, costing you more and more in time and hard cash alike. Implementing appropriate training means that mistakes are a much rarer occurrence, and the time and money you spend rectifying them reduces accordingly.
  3. Keeps Client Confidence High. Your clients are no mugs! They can spot a professional, trained staff member a mile away, and love to deal with people who have the full range of skills to service the client’s needs. When you skimp on training, your clients will notice it, and will eventually ‘vote with their feet’. Poorly trained staff deliver inferior client service, are less able to provide valued advice, and simply fail to inspire confidence on the part of the client. Can you really afford to have this sort of staff representing you? Surely it makes sense to have staff in place who can fully service the needs of your clients – both today and into the future.Payroll Software End of Year Seminar Book Now!
  4. Increased Training Means Increased Productivity. The research proves it time and time again – staff who have been fully trained out-perform their less able rivals across a whole range of KPI’s, everything from hitting their own personal delivery targets to acting as a better ambassador for your company with all the clients they come in contact with. Whatever task your staff happen to be performing; they’ll do it better if they genuinely know what they’re doing!
  5. Contribute To A Culture Of Excellence. If your company pursues excellence in manufacturing, service or client satisfaction, the fact of the matter is that a poorly trained staff member can seriously eat into this culture, making it appear acceptable that there are two ways of performing a task – the fully professional way or the “I’ll have a go” way.
  6. Prevent Staff Churn. One of the biggest contributors to high staff turnover is failure to invest in your staff. And high staff turnover is not just expensive in terms of recruitment cost – it also sends out a message to your customers that you don’t provide the sort of workplace that they themselves provide for their staff. Your reputation is only as strong as your weakest staff member, so doesn’t it make sense that even your most recent recruit is trained sufficiently to represent your company in the brightest light.
  7. You’ll Alienate Your Competent Staff. Nobody likes to feel that they are being taken advantage of. So for staff who are fully trained (by yourself or in a previous work life), they will quickly lose patience with having to step in to sort problems caused by poorly trained or untrained staff. And to compound this, the untrained staff will be very much aware of their shortcomings and will be angry at constantly having to be ‘bailed out’.
  8. You’ll Lose The Power Of Great Networking. Every single staff member is likely to interact with your clients, whether it’s at a formal presentation, or simply bumping into them at their kids’ football match. If they can’t make a basic elevator pitch or chat informally but confidently about your business, it reflects poorly on you.

The points above around training in general apply with equal certainty to pretty much every aspect of your business, but when it comes to training your staff in the area of Payroll and Accounting Software, we have a very specialist set of expertise that can genuinely take your staff to the next level.

Under the heading of Accounting Software, for example, we were Sage 50 Irish Partner of the Year 2016, proof positive of our excellence in this area.

We are also acknowledged experts in Sage Micropay, a highly sophisticated yet easy-to-use payroll software that’s perfect for medium to large Irish companies, and takes care of all Irish Revenue compliance requirements.

The bottom line is that training, in general terms, is one of the most important considerations when it comes to having staff that constantly exceed your clients’ expectations. But in more specific terms, when you’re ready to move your staff to the next level in terms of Payroll System and Accounting Software, you need to talk to Pimbrook.

Contact us today on 051 395 900 – and let’s get the ball rolling!

Best Accounting Software for SMEs

How to Choose the Best Accounting Software?

 

How to Choose the Best Accounting Software for your business? There is a wide range of accounting software and finance management applications available today, Therefore, it is important to consider technology platforms, compliance requirements, and the regular changes in standards when you sit down to select suitable Accounting software for your business. This buyer’s guide will help you discover the best Accounting Software by providing valuable tips on what to look for and what challenges to be wary of.

 

Get to know accounting software with a free trial or demo

It’s always a good idea to start your research of accounting software with free software trials from reliable vendors. It can save you time and money, because you will be able to experience all the important features first-hand and identify any possible issues. To request a free trial or demo of Sage One or Sage 50c Accounting Software simply drop us a message on our contact us page.

 

Targeted Businesses

First, make sure you identify which business category you fall into. . Most likely, you will belong to one of the three following categories:

Best Accounting Software

  • Start-up –These companies are generally looking for accounting software that facilitates an easier entry into the accounting world. It seems to be the area where significant innovation is happening to structure the accounting system to the needs of small business owners. It allows for management of money in and out of the company, in one place, which provides for greater accuracy of the business finances. Sage One is ideal for this type of business, check out Sage One – accounting software for start-ups.
  • Small business – These companies have fewer than 50 employees and have an annual turnover not exceeding €10m*. A well maintained and healthy cash flow is vital; any late payments from customers can have a great impact on running their day to day operation. We have written blogs about 5 Ways to Improve Cash Flow. Also check out our Sage 50c product page – accounting software for small business.
  • Growing small business – These companies seek more sophisticated features such as greater data storage, ability to manage and track expenses effectively and control inventory costs and quantities etc., and they need nothing but the best accounting software to achieve it. Growing businesses upgrade their systems for a range of reasons. When a small business starts growing, it will begin to look for a list of specific features to boost its productivity. For those in need of a more detailed examination of this type of solution please visit the Sage 50c product page accounting software for small business.
  • Medium to Large enterprises – Big organizations need a comprehensive enterprise resource planning (ERP) suite to manage their functions. These systems are sure to offer features relevant to large companies such as foreign currency, advanced stock and order processing and multi-company consolidation. Such large entities really value seamless integration. If you require more information on this type of solution you should visit the Sage 200 – accounting software for enterprises product page.
  • Best-of-breed purchasers – These buyers look for specific functionality. For example, non-profit organisations seek systems with fund accounting features which track funds and generate insightful reports on how each fund is used. In the education industry, colleges and universities make use of software that tracks how financial aid is disbursed. Construction companies and engineering firms need a solution that can break down expenses by each location, project, and other criteria. Best-of-breed buyers really value specific functionality.

Types of Accounting Software

  • Database Accounting Software – This type of software can handle financial management, more complex tasks, a large network and complicated accounting functions.
  • On-Premise Accounting Software– In areas where internet connection is slow and limited, businesses can take advantage of accounting software in the form of CDs or DVDs which are installed on your desktops or laptops.
  • Cloud-Based Accounting software– These accounting software are available online and data can be accessed through the Internet or Cloud.

Key Features of Best Accounting Software

Although the features of accounting applications can vary significantly, there is a basic set of features each accounting application should have:

  • Performance Dashboards – a real-time accounting dashboard ammassing all accounting and finance metrics in one place.
  • Centralised Contacts – Ensures users can access key contact details, information, notes, history and files from any platform at anytime.
  • Expense Capture – Giving users the ability to photograph receipts and capture expenses, invoices and other paperwork digitally.
  • Track Cash Flow – Record sales and receipts in real time and link directly to the business bank account so users have the most up-to-date view of the company’s finances at their fingertips.
  • Easy invoicing – Create, edit & send invoices directly from the accounting software.
  • Manage VAT– Easily submit the company’s online return to ROS.
  • Reporting and Analytics. Grants insight into crucial financial activities and compares financial information. It is also a great asset for regulatory compliance.
  • Customization. Due the fact that it would take too many accounting software types to satisfy the needs of every industry, you need to look for a program which will at least allow you to customize forms, reports, and other facets to your standards.
  • Integration. Integration is a priority in the case of any accounting app, because it is essential for you to link your accounting system with other business apps in use. This enables the systems to draw information from each other without you having to import it manually.

Benefits of Best Accounting Software

The best accounting software solutions offer the following benefits:

  • Better visibility & control of income and costs, facilitating financially responsible decision making
  • Insightful reports that summarize key information clearly, for easier understanding and better decision making.
  • Compliance with regulatory requirements and reporting standards.

What Accounting Software does Pimbrook provide?

  • Sage One An affordable, secure and easy to use online payroll and accounting software for start-ups and small businesses.
  • Sage 50c – Ireland’s leading accounting software , Sage 50c will help you run your business more efficiently. It  will manage your accounting, invoicing, cash flow, inventory, taxes and so much more.
  • Sage 200 –An accounting software solution that combines advanced stock control, order processing, business intelligence and financial management into one solution.

10 Things to Know about Sage 50 Accounting Software

Sage 50 Accounts

Sage 50 Accounts (now Sage 50cloud) offers everything you need to run your business more efficiently – from accounting, invoicing, cash flow, inventory, taxes and so much more. It’s an easy-to-use accounting software for small business. Built-in checks and balances keep your finances on track and help you stay compliant with taxes and reporting requirements.

Sage 50cloud delivers built-in accounting best practices to keep your business finances on track and help you stay compliant with taxes and reporting requirements. It keeps your finances safe and secure with screen-level user access and bank-level online protection. You have peace of mind knowing your critical info is safe from prying eyes. It’s empower you and your employees to work anytime from anywhere, allows you to bill customers on the go, and gives your accountant real-time access to your finance books.

Here are the 10 Things to know about Sage 50 Accounting Software

1. Sage 50 Accounts Remote Connection

Sage 50 Accounts (now Sage 50cloud) accounting software can facilitate, cloud access via Office 365 integration, giving you more freedom and flexibility in how you work.

2. Automatically sync Microsoft Outlook contacts and Sage 50 Accounts contacts* to save you time.

Access customer balance information, credit limits, contact details and order history from Microsoft Outlook.

3. Cloud Back –Up*

Get the security and peace of mind with automated data back-ups stored offsite, in the cloud. You can also undo data entry errors by restoring data from the cloud as of a particular date. Never again be stuck without a recent backup.

To Know if Sage 50 Accounting Software
is a perfect fit for your business:

Learn More Book a Demo Now

 

4. Sage 50 Accounts with Microsoft Office Business Premium**

Minimize your vendors list and easily manage your technology platforms – and your budget – with one monthly payment that covers your core business solutions, including your accounting package and your office suite.

5. Sage 50 Accounts Dashboards

Keep a finger on the pulse of your business with a visual dashboard highlighting key areas of performance and stay a step ahead with a view on key revenue and budget trends.

6. Customers & Sales in Sage 50 Accounts

Manage your customer contacts and create quotes, sales orders and invoices with ease. Track customer payments, issue monthly statements and customize your forms with your logo and specific information. Take your invoicing to the next level with mobile invoicing from wherever you are with Sage 50 Accounting.

7. Vendors & Purchases

Keep track of your vendors, pay your bills and track your purchases. You can manage and track your expenses effectively with mobile payments and bank feeds in Sage 50cloud Accounting Software, so no matter where you are your expenses are recorded and the headache of lost receipts is a thing of the past.

8. Inventory in Sage 50 Accounts

Optimize inventory management and control inventory costs and quantities. Take it a step further and assemble items on the fly or create complex builds from stock items.

9. Reporting Centre in Sage 50 Accounts

Stay on top of your financial performance with more than 93 easy to generate reports. Define timeline parameters, view Budget vs Actual and export to Excel ®.

10. Banking in Sage 50 Accounts

Transfer funds, make deposits and reconcile your bank account. Make the process even easier with bank feeds – skip the data entry and sort your bank transactions into Sage 50cloud Accounting.

Sage 50

 

Sage 50cloud is a trusted desktop solution that seamlessly blends productivity and accounting software with secure online access and Microsoft Office 365* integration.

* Once the backup is set and the option to sync to office 365 it will then automatically backup.

** Included with Sage 50cloud Standard and Sage 50cloud Professional. Available on Sage 50cloud Essentials for an extra charge.


To hear more about Sage 50 Accounts from Pimbrook

Contact us today on 051 395 900(Waterford) or 01 862 4016(Dublin)
Let’s start the conversation!
Contact Us!
Pimbrook is the leading provider of Sage Accounting & Payroll Software to the SME market in Ireland. We are an accredited Sage developer and reseller with over 17 years’ experience implementing and supporting Sage products. We offer the best accounting software and payroll system and aim to equip our clients with the Accounts and Payroll skills necessary to optimise their business.. We are the Sage 50 Irish Partner of the year 2015, 2016 & 2017 and currently servicing 1,300 clients and growing.

FAQs when buying Accounting Software

Many businesses understand the need for  business software. Trying to manage and control your business with multiple, isolated systems is a labour-intensive process that is replete with the possibility of entry errors,  making it very difficult to deliver the results you want to achieve. You need integrated software solutions that provide efficiency, cost, and performance improvements.

But, before you embark on a software purchase, there are a few questions you should ask. Outlining your specific business needs beforehand will make the process smoother, and ensure that you get the solutions that will have the best impact on your business. But, remember, you don’t have to engage in a total all systems integration all at once. By taking your time, you and your staff can gain confidence for the next steps and build a functional plan that delivers results.

In essence, the software purchase process is all about managing your business intelligence in a way that improves your operation. Data mining, analytical processing, and reporting are functions that all businesses need to employ, but it’s the way you deploy them for your specific operation that makes them so effective.

Accounting Software

Ask yourself these FAQs before choosing your accounting software:

  • What software do we use to perform the majority of our mission critical tasks?

This question can help you identify the most important areas of your operation. If excel is a primary application, then you need to identify a solution that will enable data transfer to your new accounting software. Once you’ve identified the most important software you use, then list your remaining programmes in order of importance.

  • Who will need access to what information?

With data protection laws becoming stricter, guarding sensitive information is extremely important. When conducting your software purchase, consider who will need access to what information, where and when. Applications can include hierarchy controls and conform to mobile access. For example, your mobile sales team may need access to current inventory counts, customer discount information, etc. while on the road. Buying an application that allows this type of mobile response can improve your sales performances.

  • What tools will offer the best functionality for our operation?

Perhaps you struggle with keeping your accounts payable current? Maybe accounts admin are constantly interrupted with unanticipated data corruption? Every operation has its own unique woes, but by getting the best training, coupled with the best small business accounting software, you can’t go wrong.

  • What accounting software features do we need?

Purchasing? VAT? Bank Reconciliation? You may use a specific invoicing application already. So choose wisely.

By asking the right questions of your prospective software provider creatively, you can find a solution that is right for your company. The professionals at Pimbrook understand the various options available for your business and are ready to assist you every step of the way. Contact one of our knowledgeable experts today.