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Why Companies Use Sage 50 (peachtree) For Their Business Account - Business - Nairaland

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Why Companies Use Sage 50 (peachtree) For Their Business Account by miterp: 1:09pm On Feb 10, 2016
Sage 50 (Peachtree) is an accounting software package for small- to medium-sized businesses. Developed, sold and supported by Sage. Sage 50 (Peachtree) has become a standard for people that want a simple way to track their business.

The typical uses of Sage 50 (Peachtree) include:
• Storing customer and vendor information
• Tracking sales and expenses
• Creating customer invoices
• Receiving payments from customers
• Analyzing sales and expenses
• Organizing financial data for tax purposes

There are several advantages to using Sage 50 (Peachtree) over a manual accounting system, like a journal or spreadsheet:
• Calculations are done automatically so you don’t have to do the math
• Reduces or eliminates math errors or mistakes
• Data entry is consistent (e.g. state abbreviations, phone number formats, etc.) which makes finding or analyzing data much easier
• Changes are easily propagated throughout the system (e.g., changing the sales tax rate in one place will change it for all sales records)
• Searching for information is easy and quick with many options to sort and display the information
• Multiple report formats are available to view or print
Sage 50 (Peachtree) can also download bank and credit card information into your system so you don’t have to manually enter them. This, again, reduces data entry errors and gives you different ways to run reports to see your company’s financial status.
• Sage 50 (Peachtree) contains most of the information you will need for tax purposes. You can generate reports or even data files at tax time to send to your accountant.
Sage 50 (Peachtree) Accounting solution makes all your Accounting processes easier and more rewarding.

For more information on Sage 50 (Peachtree) Accounting, visit
MAY IDEAL TECHNOLOGIES
Corporate office: 2nd floor, 8 Majekodunmi Street, Allen Avenue, Ikeja.
Telephone: 08180072860
Website: www.miterp.com
Mail: info@miterp.com

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