What is Sage Accounting Software? - A Complete Guide

Posted by Linda on January 21st, 2020

Are you going to start your new business? And want to know what is Sage software? If yes, then you should get familiar with the topic in-depth. Sage accounting software simplifies and eases a diverse range of business accounting tasks. Furthermore, it allows bookkeepers as well as accountants to work perfectly and faster than before. Now, the next question that comes into your mind is what is sage software used for? It is used to simplify the jobs related to complex financial systems. 

After knowing what is sage accounting software, let’s move further and know what its usage of Sage accounting software are.

Usage of Sage Accounting Software

The given points will make you understand how you can use Sage accounting software in a better way:

• The accounting software can be used to manage income as well as your expenses.
• It can also be used to send an invoice to the customers.
• With the help of the bank reconciliation, you can keep accounts accurate.
• Sage provides you the feasibility of adding the limitless number of transactions.
• The software automatically calculates and submit VAT returns securely.

Let’s move further and know more about the software by covering its types.

Types of Sage Accounting Software

• Sage Online

Sage accounting software handles finances, accounting, inventory, operations, currencies, and other requirements related to your business.

• Sage Business Cloud Accounting

The software focuses on the requirements of small businesses and provides two plans such as Sage business cloud start and Sage business cloud accounting. Most importantly, the product is reasonable as compared to other software products.

• Sage 50cloud Accounting

Multiple numbers of users can be added and it fulfills the accountancy needs of businesses’. Apart from this, it is available for its users in three different versions.

• Sage 200

It will assist you to handle supply chain, customers, and business intelligence in an effective manner. Besides, the software gives the freedom to its users to share vital info across the teams with one integrated business.

• Sage Time Slip

It simplifies the complex billing cycles and assists you in creating invoice through capturing time of the employees and records of the expenses.

• Fix Assets

A proper record of your permanent assets can be properly tracked. The type of Sage software not only focuses on the physical aspect of the company but also on the financial side too.

• Sage Payroll

It assists you in properly handling your payroll-related tasks. Also, it permits you to pay the business employees via direct deposits, paychecks, and company generated checks.

Next, let’s see how the software features are going to assist you in maintaining the proper accounting records.

Features of Sages Accounting Software

Let’s read the features and check how it will help you in simplifying the process of accounting in business:

• No Human Error

Accounting software reduces the risk of human error. It avoids errors that can affect on a business’s financial condition.

• Backup

It provides you the facility to automatic data backup without charging extra. The company keeps your data secure and there is no need to take the backup of your data.

• Invoice Generation

It gives you permission to send invoices to the client via an email. The client will receive the emails through a “pay invoice” button.

• Financial Information

Whenever you feel like, you can access your account and check all the transactions and cash flow of your business.

• Less Time Consuming

It assist you in adding the accounting data and takes less time as compared to manual entry. The user of Sage needs to add the information in the system that can be used for business purposes.

Wrapping It Up

Finally, you must have got a clear understanding of what is a sage software with the help of the blog. The blog has highlighted on the topic for what is Sage software, usage, types, and features.  Moreover, Sage software solutions are flexible and user-friendly that assist you in growing businesses.

If the question what is Sage software is still not cleared to you, then dial toll-free QASolved toll-free Phone Number 1-877-263-2742.

Reference Source: https://medium.com/@johntrump524/what-is-sage-accounting-software-a-complete-guide-bb20e6800fa6