Functionality of Sage 500

Looking for software that offers superior usability for your core accounting and enterprise requirements? Sage 500 Financial Reporting is the answer. It offers data in real-time, has reporting and analysis capabilities, tracks key performance indicators, publishes reports to the web, and drills into data, empowering your managers to make proactive decisions with real-time insight.

Sage 500 Financial Reporting puts you in control of your finances so you can increase your profits.

General Ledger

The General Ledger module offers quick access to and easy manipulation of critical data. You can process intercompany transactions, establish flexible accounting periods, create an unlimited number of budgets, perform future posting, and more. Its financial report writer also allows you to perform consolidations and set up and maintain a variety of sophisticated reports.

With General Ledger, decisions are always based on insight gained from in-depth analysis.

Accounts Payable

Save time, reduce administrative costs, automate vendor-related tasks, and simplify voucher entries with Sage 500 Financial Reporting’s Accounts Payable module. The module accommodates multiple addresses, retains history for multiple years, automatically selects payments, prints checks, and more.

Accounts Receivable 

Use the Accounts Receivable module to improve cash flow and enhance customer satisfaction by automating and streamlining how you process collections. Get complete control of your receivables and invoicing processes and make use of the automatic calculations that eliminate errors and duplicate data entries. Integrate customer receivables, statements, reporting, and credit checking, even for national accounts.

Cash Management 

If you need to reconcile your bank accounts, the Cash Management module integrates with other Sage 500 financial modules to automate cash and other bank transactions and keep records securely.

Purchase Order

Even if you don’t manage a warehouse, you can use the Purchase Order module’s advanced tracking capabilities to monitor purchases. You can also improve vendor relationships with performance metrics that allow you to negotiate reduced costs, organize better orders, and send and receive shipments more accurately.

Multicurrency Management

The Multicurrency Management module optimizes your international opportunities by providing multicurrency and analysis capabilities. Maintain – and update when necessary – an unlimited number of currencies and exchange rates and track gains or losses due to currency fluctuations.

Allocations

The Allocations module eliminates any guesswork related to distributing company expenses. It reduces administrative time and costs and accurately measures resource consumption. In addition, its built-in process controls reduce allocation errors by creating rules while still being flexible enough to distribute and redistribute allocations for new and existing accrued transactions.

Sage Active Planner

Use the Sage Active Planner module to take control of the budget process and bring strategic insight to business planning. Sage Active Planner is enterprise-wide with a purpose-built budgeting and planning application that allows you to make strategic, informed business decisions with “bottom up,” “top down,” and “what if” analyses. It makes budgeting and planning faster and easier, encourages collaboration, and links budgeting activities to organizational performance.