• See our Sage 50 Advanced Query Tool – AccountsMate
    Live Webinar Demonstration
  • Transition from TASBooks to Sage 50
    Easy with the Right Partner and Remarkably Beneficial
  • See our Sage 50 Advanced Query Tool – AccountsMate
  • Transition from TASBooks to Sage 50

Tag: small business accounting software

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.

 

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.

E-Commerce Tips for a Small Business

More and more businesses are moving online- E-Commerce. And there are more incentives to do so everyday.  Online shops present huge opportunities for new budding Irish Start-ups with bright business ideas, as well as for already existing off-line businesses in Ireland who want to reach new markets, both Nationally and Abroad, The increase in online retail in the consumer market will be followed very quickly by business to business.  And companies are making it easier. Sage themselves now no longer ship physical software product to us, we get all our Sage Accounting  (Sage 50c) and payroll (Micropay) software online, making delivery quicker and easier.

E-Commerce
Use the clickabliity of images to drive traffic to your website.

 

Top Tips for E-Commerce:

  • Hire a Professional.  Don’t even imagine that it’s easy or that you can google how to do it.  Buyers are increasingly more selective about buying online and are far more likely to purchase from a website that looks good and functions well. Prepare to spend at the start in order to save money and more importantly for a small business, time, in the long run.  In addition, freeing yourself from the initial design and set-up also allows you to focus on other important aspects of getting the online business off the ground. Setting up an E-Commerce business, even a few years ago was costly and time consuming as it was most likely going to be a bespoke product, not very suitable for small businesses in Ireland.  But now it is a more competitive field, with help available from the Local Enterprise Office through their online trading scheme.
  • Know your Customer, both Existing and Potential.  As we said, if you don’t currently have an online business you are reaching into a new market. Know their age, their gender, where they originate from, their hobbies, interests, what websites they like to visit, what their job is, their online buying habits and how many times a day they go online. This will make it so much easier to market to your customers.  And Yes, this seems like a lot, but a simple e-survey with a possible incentive, as in a prize, or voucher, can go a long way to sweetening the deal.
  • Be Social.  Reach them through the market you want to join, for example, if your business is Business to Consumer, Facebook is probably your medium of choice. If you are selling very visual products, try Instagram.  Have a look at our blog on Social Media to get you started.  If you intend to run an online anything you need to have an active presence on some or all of the main social media platforms. Sign up and secure your business name as soon as possible. Social media is a way to engage with your audience and share information with them on a constant basis.  Choose your platform wisely, I find the easiest way to do this is to look at the age demographic. I feel Social Media allows our brand and business to be creative and show personality, which for a customer, could be the difference between you and your competitor, and you want to drive them to your E-Commerce site as easily as possible.
  • Link your Systems. As far as possible the switch to E-Commerce should be easier and more cost effective in the long run, therefore it makes sense to link your Sales through your E-Commerce site directly to your accounts, Eliminating the need for double administration. We partner with Actinic, a one stop shop (excuse the pun) to get your E-Commerce platform off the ground. Talk to your designer and us about this at any stage, but make sure it is sooner than later, we can help.  Contact us on 1850-202502, or by email.

 

Sage 50c- power and productivity

Sage 50 Accounts Combine Power and Productivity

Sage 50 (now Sage 50c) combines the power and productivity of the Sage Accounts Solution with the freedom to control your business from anywhere, anytime.  Do you ever sit at home, or think while you are waiting for something that you wish you could access your accounts? Get on with a few minutes work?  The days of having to get back in your car and drive to the office to access your software are over.  Thanks to the collaboration of Sage 50c with Microsoft 365, you can now access your accounts, anytime, anywhere.

Sage 50c offers the same robust feature set and advanced reporting capabilities of the desktop-only Sage 50 product, and automatically syncs all data to the cloud. All updates and changes are instantly available, which enables business owners to work while away from the office and also grant secure 24/7 online access to their accountants.
Couple this with Pimbrooks AWARD winning support and you have an unstoppable solution with which to run your business. Now and in the future.

All without excessive up-front IT cost, thanks to the subscription model.
Success begins with your team accessing the right information, and you should be able to access this wherever you are.  Making it the best bookkeeping software for small business.

Are you looking for more information? Request a Demo Now!

Need help to choose what to buy? Call us on 051 395 900 or arrange for us to call you back by emailing us

 

Sage 50