Product Focus: Mark Paid

Bulk paying purchase invoices is one great feature of Sage Financials, especially with the BACS bank feed so you can create a single BACS file for upload to your bank. But sometimes it can be difficult to select all the invoices ready for payment. This is where ‘Mark Paid’ comes in handy. Setting up a Read more about Product Focus: Mark Paid[…]

**All New** Bank Reconciliation in Sage Financials – how does it work?

New Bank Reconciliation – how does it work? The new Bank Reconciliation is a real game changer for Sage Financials. It has the potential to drastically reduce the time and effort required to process basic bookkeeping and improve accuracy by reducing data entry. It is a massive improvement on the old Bank Matching – intuitive, Read more about **All New** Bank Reconciliation in Sage Financials – how does it work?[…]

Product Focus: Drill Down Trial Balance

Its always a nightmare at the end of year when you are trying to work out why the figures just aren’t quite right. Hours of time can be wasted chasing around a few pounds, and it ALWAYS turns out to be something really simple! The Drill Down Trial Balance is a tool to relieve some Read more about Product Focus: Drill Down Trial Balance[…]

How does Tax Treatment impact your VAT Return?

Tax Postings in Sage Financials ‘Tax Breakdown’ is the key to how VAT is handled in Sage Financials. In a previous article I went over how Tax is configured in Sage Financials, so let’s look at how Tax Breakdown works when you process invoices. Each Invoice Line Item has a Tax Treatment and a Tax Read more about How does Tax Treatment impact your VAT Return?[…]

How Tax is handled in Sage Financials

How Tax is handled in Sage Financials

Tax handling in Sage Financials has been designed for the global market – so it can be configured to work in any country in the world. And a single Sage Financials instance can use multi-legislation for different companies based in different countries. This flexibility means there is a degree of complexity you might not find Read more about How Tax is handled in Sage Financials[…]