Accounting: Difference between revisions
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Go to the Analysis dropdown and select Cash Flow Manager to visualize your current and future cash on hand. Enter ‘what-if-scenarios’ to plan for potential situations and adjust purchases and outstanding payments to understand cash flow implications. | Go to the Analysis dropdown and select Cash Flow Manager to visualize your current and future cash on hand. Enter ‘what-if-scenarios’ to plan for potential situations and adjust purchases and outstanding payments to understand cash flow implications. | ||
===Manage Customers=== | |||
Click the '''Customers & Sales''' tab to manage your accounts receivable. | |||
'''Manage Customers''' | |||
Go to Customers & Sales Tasks > View & Edit Customers to see your full customer list. From here you can send them invoices and quotes, enter orders, review money received and more. | |||
'''Manage Quotes & Sales Orders''' | |||
Create and edit quotes, proposals and sales orders from the icons in the workflow. | |||
'''Invoicing & Payments''' | |||
Select Sales Invoices > View & Edit Sales Invoices to lookup all received and outstanding payments. Double click on a record to pull up the details and email a payment reminder with a button for online payments. | |||
*quotes and sales invoices can be memorized for future entry | |||
[[Category:Company]] | [[Category:Company]] | ||
Revision as of 13:12, 9 December 2024
SAGE Accounting
Product Overview
Review the tabs in the left-hand panel to get familiar with Sage 50cloud (formerly Peachtree Accounting).
Notice the main screen provides a dashboard of insightful reports or a process workflow of useful actions.
Business Status
Click the Business Status tab and review the following sections in the main dashboard.
Account Balances
Monitor your key accounts. Click View Balance Sheet to analyze your assets, liabilities and equity.
Revenue: Year to Date
Analyze sales, profits and net income. Click View Income Statement for a detailed breakdown.
Vendors to Pay
Review your outstanding balances and make a payment.
Aged Payables
Visualize the distribution of payments that are 0-30, 31+, 61+ and 90+ days overdue.
Customers Who Owe Money
Review outstanding account balances and click to send reminder notices to customers.
Aged Receivables
Visualize the distribution of receivables that are 0-30, 31+, 61+ and 90+ days overdue.
Reporting
Reporting
Select the Reports & Forms tab at the top of your screen and choose Financial Statements.
Financial Statements
Easily pull up your Balance Sheet, Statement of Cash Flow or Income Statement for review with your bookkeeper or accountant.
Profitability
Your Income Statement breaks down your revenue and expenses by department, so you can understand where you’re making money and which margins are the highest. Pull up a Budgeted Income Statement to compare year-to-date profits with your budget and versus prior periods.
General Ledger
Drill down into individual transactions by GL number.
Cash Flow
Go to the Analysis dropdown and select Cash Flow Manager to visualize your current and future cash on hand. Enter ‘what-if-scenarios’ to plan for potential situations and adjust purchases and outstanding payments to understand cash flow implications.
Manage Customers
Click the Customers & Sales tab to manage your accounts receivable.
Manage Customers
Go to Customers & Sales Tasks > View & Edit Customers to see your full customer list. From here you can send them invoices and quotes, enter orders, review money received and more.
Manage Quotes & Sales Orders
Create and edit quotes, proposals and sales orders from the icons in the workflow.
Invoicing & Payments
Select Sales Invoices > View & Edit Sales Invoices to lookup all received and outstanding payments. Double click on a record to pull up the details and email a payment reminder with a button for online payments.
- quotes and sales invoices can be memorized for future entry