Sunday, November 2, 2014
Tuesday, July 1, 2014
Sage Pastel Accounting has launched Sage Evolution 7, bringing customers a new version of the enterprise resource planning (ERP) suite that delivers the efficiencies and productivity gains offered by the latest mobile and cloud technologies.
With Sage Evolution 7, Sage Pastel Accounting has moved onto a new Delphi XE5 technology platform to ensure your investment in the software will be safe for many years into the future. Drawing extensively on customer feedback, Sage Pastel Accounting has built the new version of the software to help you increase productivity, reduce the margin of error, and eliminate unnecessary duplication of work.
Says Sage Pastel Accounting managing director Steven Cohen: "Our product team looked closely at the latest industry trends as well as customer feedback and business requirements to design a new platform that will evolve alongside your business well into the future. We have especially taken note of how many of our clients rely on cloud services and mobile devices in their day-to-day operations. Our new ERP solution has been designed to make it easy for your end-users to be productive wherever they are, while providing a smooth road into an increasingly mobile and cloud-driven future."
One of the key enhancements available in the new version of Sage Evolution is a Mobile Module that allows the sales force to capture sales orders on tablet devices. The data syncs with the ERP solution, eliminating the need to recapture data and reducing the margin of human error.
Recognising that mobile and cloud access to the applications opens new security risks, Sage Pastel Accounting has further tightened the security features of the software in the new version. You can now use more complex passwords or biometric identification (thumb or fingerprints) to protect your accounts. In addition, Document Profiles allow you to control which data and information different users in the organisation may access.
"Featuring an all-new technology platform and including a range of enhancements to the user experience, this is a key release for us," says Mohammed Mosam, Sage Pastel's Product Manager for Sage Evolution. "With Sage Evolution, you can focus on running your business according to your business rules and accounting, while knowing that our software helps you to minimise errors and duplication of effort while maximising productivity and efficiency."
Sage Evolution 7 also boasts a wealth of new usability features to help you work faster and more accurately. Sage Evolution has taken the opportunity to give the software a new look and feel by changing the icons to create a more user-friendly interface. The icons were selected to represent the different modules more effectively and assist users to easily navigate their way around the software.
Some of the other features and functions in Sage Evolution 7 that will help you enhance productivity and save time include:
- An Auto Text feature, similar to predictive text in smartphones, which saves time spent typing in common phrases and words.
- A Global Search feature that makes it fast and easy to find transactions by value, category and date.
- The Utilities function, which allows you to make quick changes to selected transactional data such as invoices. All changes are recorded in a log file to be viewed and reviewed again.
- Key Performance Indicators Dashboards that present transactional information in a graphical format.
- Support for an unlimited number of financial years so that you can keep your financial records for as long as you want to
- Visual reports – this amazing new feature is a pivot table, allowing you to mix and match information to display the results as you would like to see it visually with full drill-down functionality.
Wednesday, September 26, 2012
Thursday, March 29, 2012
Sage 50 Software Hints, Tips, Tricks, New Features, Service Patches, Secrets and Improvements: Quick Search in Sage 50 2012 -V18 O/w
Sage 50 Software Hints, Tips, Tricks, New Features, Service Patches, Secrets and Improvements: Quick Search in Sage 50 2012 -V18 O/w: Quick Search The Quick Search option makes it easier to find the information that you’re looking for, without the need to build a complex ...
Accounting software is a system of recording financial transactions on a computer across a full range of accounting options almost invariably dependent upon the size of business being catered for.
Accounting software can vary from multi million dollar solutions for major public companies to simple managed lists of income and expenses.
The requirements from accounting software are diverse with the most complex and comprehensive financial accounting packages incorporating financial reporting information and managed by teams of qualified accountants supported by accounts clerks, bookkeepers and substantial input from automated data sources. At the other end of the scale a self employed sole trader might use accounting software themselves and produce a set of financial accounts for the year in an afternoon.
The most sophisticated level of accounting software in the largest companies mirrors the accounting functions in those organisations with various financial modules for accounts receivable, accounts payable, stock control, general ledger and fixed assets. These accounting modules may also be integrated with non accounting functions such as production and dispatch functions and also divided into separate modules within the accounting function.
In larger companies the sales daybook and data entry of sales turnover would often be the responsibility of one department while the accounts receivable function might be split with a specialist credit control function within that accounting module. A further division may also include sales administration and customer records. Similarly the accounts payable function might be split between the purchasing department, accounts purchase invoice department and a legal function for overdue payments. Accounting software for smaller companies and organisations is commonly a system of data entry of prime transactions which include sales income, purchase expenses and cash and bank transactions.
The prime entry of these documents being to a database which automates the double entry accounting principles and produces both accounts receivable, accounts payable and general ledger databases. Some accounting knowledge is usually required tom operate a database accounting software system and that financial knowledge is usually available within the company as most companies that use database accounting software also employ a bookkeeper or accounts clerks to input data and in slightly larger small companies also qualified accountants to manage the accounting function.
The need for accounting knowledge in a database system is partially to understand the data entry principles and the relevancy of the rules that need to be followed but essentially understanding of accounting principles is required to understand what is happening ton the information after input. And most important, a qualified accountant has the financial knowledge, training and experience to know what the system should be producing and how to query the database to retrieve that information. In addition to inputting the prime income and expenditure details the most benefit of a database accounting system is the level of financial control the information it contains can provide the company management and financial directorship. The accounting function also has the security of producing trial balances, periodic profit and loss accounts, balance sheets and other financial and statements for tax and control purposes. Accounting software packages requiring little or no accounting knowledge are available.
Small limited companies must obtain accounting software based upon double entry accounting principles as in addition to producing a profit and loss account and a trial balance to demonstrate accuracy and integrity of the financial records plus a balance sheet is required for reporting purposes. Accounting standards require the limited company to have a system of financial control and accounting software is an essential tool in achieving this. Some accounting knowledge either from the management or outsourcing the bookkeeping services is usually required with even the simplest database accounting solutions even if this requires the understanding of what accounts receivable ledgers, accounts payable ledger and control accounts mean. There are other possibilities and those businesses with a minimum of accounting knowledge can consider spreadsheet based accounting software. Accounting software compiled from spreadsheets is less flexible and often does not have the range of options a database system has due to the lack of database queries available.
These disadvantages of flexibility being compensated by the fact that all entries are visible, transparent and changes can be made more easily. Financially at the sole trader and self employed end of the business spectrum then the requirements from accounting software may be completely different. Gone are the sophistications of control accounts, trial balances and many aspects of financial control. The most important aspect of self employed accounting software is often to produce a set of accounts for tax purposes. Self employed small business that do not require a balance sheet can use accounting software based upon single entry bookkeeping rather than double entry and with the reduced requirement for financial control then less financial queries to the system are required. In these respects the simpler an accounting solution the better and in this market an accounting solution written on spreadsheets that can produce the net taxable profit would meet the requirements.