Sage 50 Pro Accounting
We now live in a world where any manual task is considered a total waste of time. As technology has provided us with a lot of automation software, many businesses have already taken advantage of using systems and applications that will further increase efficiency and productivity in their different business areas such as in accounting. To help small businesses to carry out their daily accounting tasks, Sage released its entry-level accounting program called Sage 50 Pro that will surely give you all the tools that you need to run your business run smoothly.
Sage 50 Pro packs several features that will enable small business owners to manage not only the accounting area, but other business areas such as customer and sales, job costing, inventory, and payroll. It comes with an intuitive dashboard that highlights the performance of your business’s key areas such as revenues and budgets. The only thing that keeps it as an entry level is that it is only available as a single user program.
One of its features is the inventory management, wherein you can choose between FIFO, LIFO, and Average costing. You can also set minimum stock level and reorder quantities using this feature. Sales order feature also allows you to track sales that are waiting to be filled, and can also be converted into sales invoice to avoid duplication of data. The payroll feature handles deductions such as federal and state taxes, insurance, and retirement plans. It can also print signature-ready forms on plain paper for most payroll tax reports.
In addition to this, Job Costing feature also enables the user to set up jobs and assign income, expenses, and hours to jobs by tagging to different transactions. Reports like financial statements can be modified extensively, allowing you to create detailed reports, summary reports, or scheduled summary reports. ODBC and OLEDB access are also possible so you can extract your data from Sage 50 for analysis in other as Excel or Access.
If you are a small business owner and you want a simple solution for your everyday accounting needs, then Sage 50 Pro is certainly for you.