• Sage 50 being a highly robust accounting software package is extremely suited for the needs of small & medium businesses. It comes in scalable editions that are well suited for varying business requirements. The software allows you manage inventory, employees as well as customers with optimum ease. The add-on modules available for Sage 50 include payroll and credit card processing.
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What all sage 50 brings along for accountants
1. What All Sage 50 Brings Along for Accountants
Sage 50 being a highly robust accounting software package is extremely suited for the
needs of small & medium businesses. It comes in scalable editions that are well suited
for varying business requirements. The software allows you manage inventory,
employees as well as customers with optimum ease. The add-on modules available
for Sage 50 include payroll and credit card processing.
Its always possible to retrieve prior year accounting files in the software. Sage 50
comes with a very powerful reporting function. You can produce quarterly, monthly,
and annual financial reports using it. Hence, making balance sheet, income statement,
as well as the cash flow statement becomes extremely hassle-free and quicker.
You can even compare financial statements for two different time periods. Consider
for example any two months or two quarters or two years. You can create custom
reports using the information give in Sage 50.
Customization is a key requirement for many businesses. With Sage 50, a company can
easily customize the entire information collected from its customers, vendors, &
employees. You can also create an Accounts Payable invoice or Accounts Receivable
invoice as per requirement.
You can alter the A/R and A/P invoice for a particular customer/vendor as & when it is
required. In the same manner, the employee information can be easily customized.
The inventory reporting system in Sage 50 is quite robust.
Training in Sage 50 Can be Helpful Too
No doubt, Sage 50 is a very feature-enriched accounting software. However, initially,
users may find it hard to set up. Also, though quite handy, the job costing feature may
prove to be bit complicated in Sage 50.
Typically, confusion may arise between raw materials, finished goods, job phases,
work in process, and actual & estimated income. Engaging an expert is the best way to
get rid of all such confusions. It can actually help you to derive the maximum out of
Sage 50.
Very few Sage 50 users know that the software’s home page can be customized. It’s
only if you know about the full capabilities of the software that you can be aware of all
such things. Again, as mentioned before, taking consultation from experts is the right
approach to cater to all such requirements.
2. A Deep Overview of Sage 50 Hosting
The benefit of having instantaneous access to your hosted Sage 50 solution is fairly
apparent. Additionally, businesses going for Sage 50 hosting get the ability to not just
access but edit their data in real-time. This access is made available to your peers and
clients alike.
It’s quite unusual these days to email large files for the purpose of updating Excel
spreadsheets moments later. Now, you can forget mailing CDRs or flash-drives
containing critical information to your fellow accountants, peers and clients.
Rather, Sage 50 hosting provides users the leverage to see this crucial data, run
reports, edits or even perform other functions as desired instantaneously.
How to Access Hosted Sage 50 on your Virtual Desktop
The process involved in accessing hosted Sage 50 is simple. Initially, you need to
access the login portal. Further, perform a quick download (this is required once per
machine only one time). This will lead you instantly to your virtual desktop.
Once you reach the virtual desktop, you will get to see everything you use like a start
menu, typical shortcuts to the most frequently used files and programs. It simply
implies that with help of Sage 50 hosting, you can also incorporate several other
productivity tools/add-ons that are used seamlessly with the robust accounting
software.
A number of software like Microsoft Office besides other CRM tools are available in
the Cloud. So, once you have them hosted in Cloud, it becomes possible to access
them from the same desktop.
3. How Secure is the Sensitive Accounting Data
One of the most common concerns troubling financial professionals have with Sage 50
hosting is regarding the issue of security. Nowadays, it is pretty common to hear about
data hackers and intruders hacking into your crucial and sensitive financial
information.
However, one of the biggest misconceptions in this regard is that it becomes easier for
hackers to breach security when businesses go for Sage 50 cloud hosting. However,
the reality is that a vast majority of such instances occur well within internal
frameworks.
It thus implies that the small businesses deploying Sage 50 and attempting to manage
their in-house server systems on their own are more likely to be the victims of data
breach.
In fact, Sage 50 cloud hosting provides a level of security that is otherwise
unobtainable in an in-house server environment. Hosting service providers employs a
team of highly certified & trained engineers having specialization in data security.
Their engineers adopt top-level authentication protocols to ensure monitoring the
data 24/7.
When you go for Sage 50 hosting, your critical financial information is secured on
servers housed in facilities that most small & medium businesses can never afford to
maintain. The data centers are safeguarded using the most complex security measures
like camera monitoring, key-card only access and more.
Moreover, the information stored on these servers gets backed up redundantly and at
regular intervals. Thus, your hosted Sage 50 data remains safe from not only theft but
disaster tool.
So, it becomes quite evident that Sage 50 hosting provides a full range of advantages
that are hard to ignore for small & medium businesses. It’s thus a wise decision to go
for Cloud hosted Sage 50 by approaching a Sage 50 hosting company. This way, you
not only save considerable money but also gain better agility & business productivity.