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13 Advanced Features Of Sage 50 (peachtree) Accounting You Must Know - Investment - Nairaland

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13 Advanced Features Of Sage 50 (peachtree) Accounting You Must Know by miterp: 11:25am On Mar 24, 2015
1. Customization of IFRS Financial statement: Do you know that you can generate an IFRS compliant financial statement in Sage 50 (Peachtree) Accounting? Well, now you know that Sage 50 (Peachtree) can be customized to generate statement of financial position, comprehensive income statement, statement of cash flow and statement of change in Equity.
2. Consolidation of Companies: So many people do not know that Group companies can use Sage 50 (Peachtree) Accounting. With Sage 50 (Peachtree) Accounting, Financial Statement of different companies can be consolidates for the Parent company.
3. Recurring Transaction: Do you know that fixed monthly adjustment, such as prepaid rent and depreciation can be posted by the system?
The recurring system helps to post these transactions in the dates selected.
4. Designing of Forms: Forms like receipt, invoice, payslip e.t.c be redesigned to suite your desire.
5. Electronic Invoicing: Invoices can be sent directly to the email address of a client or customer, just by a click.
6. Payroll: So many users are yet to know that Sage 50 (Peachtree) Accounting can be used to prepare a comprehensive payroll and generate payslip. It will interest you to know that Sage 50 (Peachtree) can be configured to prepare payroll and generate payslips. Therefore, at the end of every month, payroll will be prepared and posted into general ledger with just about 5 clicks.
7. Currency: Yes! Do you know that the foreign currency symbols in Sage 50 (Peachtree) can now be changed to NGN (Nigerian Naira).
8. Project Accounting: Project oriented organizations can use Sage 50 (Peachtree) to manage and account for expense incurred and the revenue earned on various projects.
9. Barcode Scanning: Many users are yet to know that Sage 50 (Peachtree) can be configured to work with devices such as barcode Scanner. This enables pharmaceutical companies and chain stores to enjoy the use of Peachtree (Sage 50).
10. User Securities: Do you know that users can be restricted from accessing some certain areas of Sage 50 (Peachtree) Accounting? Users can even be restricted from deleting or editing ledgers and transactions.
11. Serialized & Assembly Items: If a company trades on items that have unique identification numbers, such as vehicles identification numbers in automobiles. The serialized feature of Sage 50 (Peachtree) help a lot in the purchase, sales and stock valuation of such items.
12. Credit Control: Do you know that you can assign a limit to credit transactions? Peachtree (Sage 50) Accounting can even reject any transaction that exceed a limit.
13. Amount Limitation: The limitation of 9 digits i.e 999,999,999 in the old Peachtree has been resolved in the new Sage 50 (Peachtree) Accounting. The Sage 50 (Peachtree) can now accept more than 12 digits in the amount column.
These are among the features that you should have after a perfect implementation of Sage 50 (Peachtree) Accounting.

For more enquiries on Sage 50 (Peachtree) and other Accounting/ERP solutions, please contact us at:
MIT
2nd floor, 8 Majekodunmi street, Oshopey Junction, Allen Avenue, Ikeja.
Phone: +2348180072860
Web: www.miterp.com
mail: info@miterp.com

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