Sage Setup & Configuration

VAT Routines

Sage is very effective at tracking your VAT liability, and produces superb accurate reports to enable the completion of your VAT return. Red Lyon are happy to assist with your quarterly VAT returns, whilst encouraging you to eventually take on this simple task yourself, once confident.

Stock Control

In conjunction with Sales Order Processing, Purchase Order Processing, and a Project Management module, Sage 50 includes a comprehensive stock control module. Re-order levels and suggested order quantities, product categorisation, stock valuation and complete stock movement history are all easily maintained within the system, in addition to multiple price lists, discount matrixes, etc. We can assist you with setting up and maintaining your stock records and ensure you are invoicing effectively.

Multi Currency

Sage 50 has basic multi- currency functionality built in. Many foreign bank accounts can be maintained in the system, and using an exchange rate table, transactions are stored in their actual currency whilst the sterling equivalent is displayed for a quick overview. We have strong experience in this area and are happy to discuss particular requirements to assess the suitability of Sage 50 to any given application.

Year End Routines

It is good practice to keep your accounts database healthy, and there are a number of routines that can be run periodically to ensure this. At the year end, any historical transactions that are no longer required can be removed without affecting the integrity of the system. We are always on hand to assist at year end time, ensuring the peace of mind that your system is fully functional and ready for the year ahead. Obviously, P&L and Balance Sheet reports can be generated at this time, as they can at any time through the year. Budgets and comparison figures are also maintained to give a more advanced level of analysis, should it be required.