Leading on from our last blog in which we introduced cloud accounting software, Murray Taylor have a number of cloud offerings. In this, the first of two blogs reviewing our cloud software packages, Murray Taylor look at the features of Sage One.
As the leading desktop accounting package of businesses, Sage released their online accounting package, Sage One, in 2011. As we reviewed the various cloud options, we quickly knew we had to offer Sage to clients and prospective clients. As such, over the past few weeks all staff within the Accounts and Bookkeeping departments sat and passed their Sage One Certification. This allows us to provide training to clients and can assist with queries throughout the year.
Sage currently have two cloud accounting software, Sage Start and Sage Accounting. However, as a firm we are of the opinion Sage Accounting has the better features to allow us to advise your business.
Automatic Bank Feeds
1.Securely connect Sage One to your online bank account for an accurate overview of your business finances.
2.With a real-time snapshot of your finances you can make confident business decisions and spend more time growing your business.
2.Reduce time-consuming manual tasks and increase the accuracy of your accounts – the software will recognise similar transactions and pre-empt and pre-populate your details.
1.Get an overview of key business performance indicators such as sales,costs and profit as soon as you login. Track your Top 5 outstanding invoices and keep on top of cash flow.
2.Be confident that VAT payments are on time with the built-in countdown to the end of your VAT period.
3.See cash flow status within the interactive management screen, giving you real time insight to your business health and allowing you to forecast with confidence.
Create custom invoices and quotes
1.Get professional looking invoices and quotes by adding your company or association logo as well as terms and conditions for payment. Choose from a variety of templates to suit your business.
2.Email quotes or invoices directly to your customers from within Sage One Accounting or export to PDF if you prefer printed copies.
Tracking Monthly income and expenses
1.Speed up bank reconciliation with the easy step by step process that automatically matches your imported bank statement to your accounts information.
2.Automatically record regular income and expense types; if you have a recurring direct debit (e.g. rent) or receive income on a set basis, you can arrange for these payments to be automatically recorded.
Produce advanced reports
1.Profit and loss report; critical information to understand how much money your business has made to date.
2.Create and submit VAT returns online; Sage One Accounting calculates your VAT return based on the information inputted. This information can be reviewed in detail to make sure you’re happy everything is included before being submitted.
Simple at VAT
1.Automatically validate VAT returns with the VAT verifier.
2.Prepare & reconcile VAT returns.
3.Manage electronic VAT submissions – accredited by HMRC
1.Save time and streamline your accounts production; because your accounts are online rather than paper, your accountant can view data at any time. If you have a problem, they can login and guide you through to a solution in real time.
Sync with sage pay and sage one payroll
1.Enjoy a faster way to get paid with Sage Pay; integrate Sage Pay and Sage One Accounting to give your customers more payment options and accelerate cash flow.
2.Embed a “Pay Now” button into your invoices so customers can pay online immediately; with the receipt automatically recorded in Sage One Accounting.
3.Integrate with Sage One Payroll and avoid having to spend time duplicating work. Your accounts are seamlessly updated once your payroll submission is approved.
1.If you regularly trade abroad, you can manage your transactions in multiple currencies that are already built into the Sage One Accounting software.
2.Exchange rates are updated automatically to save time and give you real time profitability calculations for all activity.
Multiple users and companies
1.Give access to an unlimited number of other users through simple to set up access rights that give complete control over what new users can see or do.
To find out more about how Murray Taylor can help you with your cloud accounting needs e-mail email@example.com
And finally, if your head isn’t in the cloud, it should be!