Sage Line 50 - Features and Benefits

Managing your Customers

NEW Repeat invoices and Orders* Allows you to repeat invoices and orders at regular intervals without having to retype all the details. It’s ideal for situations where you might be billing the same amount every month, for example: rent, membership fees, or payment in instalments.

* If you use Sage Line 50 Financial Controller you can also create recurring sales orders and purchase orders.

NEW Batch conversion of Quotes and Pro-formas* Many businesses create quotations in Sage Line 50 and then convert them into orders once the potential clients have approved them. For the first time, there is now a single screen showing all quotations and proformas; it’s very easy to select some and convert them into orders. This feature will save a lot of time if you deal with a large number of quotations.

*Available in Sage Line 50 Accountant Plus and Financial Controller

NEW Foreign Currency Price Lists* Allows you to enter price lists in foreign currencies as well as in Sterling. For example, you can now set your price at an attractive euro 49.99 instead of a random price (euro 49.52 or euro 50.06) that’s determined by fluctuations in the exchange rate.

*Available in Sage Line 50 Financial Controller only

Customer/Sales Ledger The Sales ledger is a comprehensive list of all your customers, allowing you access to their details at the touch of a button. It also allows you to print out debt chasing letters and customer statements to help you maintain a healthy cash flow.

Customer Records This facility acts as an electronic card index, which allows you to view all of your customers’ details and their purchase history in both tabular and graphical forms.

Customer Discount Line 50 users can give their customers early settlement discounts whilst also allocating specific discounts to individual customers.

Currency Calculator The Currency Calculator allows you to easily convert between trading
currencies

Recurring invoices & Orders* Provides you with all of the functions you need to create product and credit notes. All of your ledgers are updated automatically when you update your invoices. *Recurring orders only available in Line 50 Financial Controller.

Foreign Currency Price lists/Support* The foreign currency support will create quotations, invoices and orders in foreign currencies. It will also handle foreign currency bank accounts and deal with fluctuating exchange rates. *Available in Line 50 Financial Controller.

Multiple Price Lists* This function allows you to set up different price lists for different types of customers. The sales person can specify which category of customers they are dealing with and thereby reference the appropriate price list. *Available in Line 50 Accountant Plus and Financial Controller.

Sales Order Processing* Enables you to create a sales order, allocate stock, dispatch and print out a delivery note as well as automatically creating a sales invoice. *Available in Line 50 Financial Controller.


Managing your Products

Product Record You can drill down into individual product records highlighting all the details associated with that stock item. The Product Record allows you to set up default details for each Stock Code, including supplier reference and sales price.

Product List The Product List gives a comprehensive listing of all the products you sell, at the touch of a button.

Stock Control The Stock Control facilities allow you to run stock takes and keep a detailed track of all movement, pricing and valuations of your stock. These are all routines that will help you save time and money.

Bill of Materials* Bill of Materials allows you to create finished products that consist of several different components. It will also check to ensure that all components are available to produce the finished product. This is a potentially complicated task made easy by your Sage Line 50 program.

*Available in Line 50 Accountant Plus and Financial Controller.

Advanced Stock control When you receive an order for a finished product, you may find a shortfall for several components. Advanced Stock Control allows you to generate specific orders to replenish the required components, giving you confidence in your agreed delivery dates.
Available in Line 50 Financial Controller only.


Managing your Accounts

NEW Accounts Analyser The Accounts Analyser unlocks information in the Nominal Ledger that underlies your Profit & Loss summary and Balance Sheet. A simple ‘tree’ format allows you to drill down to detailed data about your most important accounting areas: sales, purchases, direct expenses, overheads, assets and liabilities.

Nominal Ledger The Nominal Ledger is the heart of your accounting system where all your business information is held. This forms the basis of your profit and loss and balance sheet reports, which can be run at month and year ends to see where you have earned and spent your money.

Bank (Cash Book) The Bank option lets you record your bank and cash payments, receipts, transfers and adjustments. Supplier invoices can be paid and customer receipts logged against invoices sent. This allows you to view your bank balance quickly and easily. Cheques are available in Line 50 Accountant plus and Financial Controller only.

Microsoft Office Integration All Sage Line 50 products allow you to take information already stored in your accounting system and export it into Microsoft Word, Excel or Outlook for further manipulation. This saves you time and reduces errors.

Credit Control The aged debtors report in Sage Line 50 allows you to monitor how long it is taking your customers to settle their accounts. There are also pre-defined debt-chasing letters in the system to help you ensure all outstanding monies are collected.

Advanced Credit Control* Advanced Credit Control allows you to use online credit checking agencies, which offers you the confidence that you will be paid on time when starting to trade with new customers.

Cheque Printing* This facility allows you to automatically print cheques. It also updates your Supplier Ledger to ensure you always know how much you owe your suppliers. *Available in Line 50 Accountant Plus and Financial Controller.

Fixed Assets This facility allows you to depreciate your assets on a monthly basis using standard depreciation methods.

Managing your Finance

NEW Cashflow Planner It’s extremely useful to know exactly how much money will be in your bank account in the days or weeks ahead. The new Sage Line 50 shows your estimated cashflow at a glance, helping you plan how best to manage your money.

NEW Audit Assistant The automatic Audit Assistant will help verify your accounts before the arrival of external auditors – so they can work more quickly and cheaply. It runs through a 21-point check list, including verification that you’ve paid the right amount of VAT, and that you haven’t paid a supplier twice. This feature contains a suite of VAT audit reports approved by HM Customs and Excise.

Profit & Loss Report The information required for Profit and Loss Reports is stored within your Sage accounting system, enabling you to run both of these reports at the touch of a button, for any specified financial period.

Balance Sheet Report You can also run a Balance Sheet report at the touch of a button to see the worth of your business at any point in time.

VAT The Sage VAT report is designed to assist you in completing VAT returns in a matter of hours. For example, the screen has been designed to mirror your VAT return document.

Journals Sage Line 50 products allow you to use the traditional journal entry method, which enables you to make ‘manual’ double entry transactions within your system. This acts as a record of irregular transactions, like a notebook, to ensure your financial reports remain accurate.

Sage Management Information System Unlocks the wealth of information stored in your system, providing an elegant and easy-to-understand graphical representation of key management information.

Product Valuation and Profit Reports* This facility offers you quick access to your best selling and most profitable products, and also allows you to view the total value of your current stock holding.

* Available in Line 50 Accountant Plus and Financial Controller.

Managing your Business

NEW look and feel- The look-and-feel of the latest Sage Line 50 mirrors the evolution of Microsoft Windows. For example, information is more closely connected, it’s easier to move back to where you were before, and there’s less need to click between screens.

NEW Smart Link The new Sage Line 50 can save you a lot of time by linking together different types of information that you may need. For example, you might want to see both a supplier’s contact details and their invoice history. The program provides tabs that allow you to move effortlessly from one to the other.

NEW My Business Set-up The new Sage Line 50 provides different default settings to suit different types of businesses. As a result, you can set up the software to suit your particular business – tailoring the content and layout of screens. It all takes just a fraction of the time compared to changing every setting manually.

Historical Data Analysis archive a complete set of company data Customisable Navigation group tasks to suit your requirements.

Transaction e-Mail send and receive orders and invoices via email.*

Customisable Navigation group tasks to suit your requirements.

Foreign Trader process transactions in all major foreign currencies*

Sage MIS (Management Information System) unlock the wealth of information stored in Line 50, with this clear graphical representation of key management information.

Time savings. Computerising your accounts gives you fast and accurate records, and the automatic financial reports save you valuable time.

Summary information allowing you to view details, such as your customers' payment history, stock levels and business performance at the push of a button, in the form of clear tables or colourful graphs.

Efficient stock management making it easy to keep track of how much stock you have and quickly see your stock shortfalls.

Improved cash management allowing you to locate your debtors and write debt-chasing letters and if this fails, then Sage Line 50 makes it easy to put an account 'on hold'.

Control over sales and purchases making it easy to see how much you owe, how much your customers owe you and which invoices are overdue.

Complex tasks made easy wizards take you quickly and simply through complex procedures, such as calculating your VAT Return and running your month and year end.

Support and help the easy to follow User's Guide takes you through setting up your accounting system and a free period of SageCover gives you a taste of the excellent technical support service offered by Sage.

Continue upgrades and add-ons Sage accounting software keeps up with your company's growth, offering you a range of upgrades and add-ons to respond to your company's development needs.

* This requires Sage Line 50 Financial Controller.