Sage 50 Accounting Software Singapore for Small Businesses

What Are the Features of Sage 50 Accounting Software?

Sage 50 provides accounting functions for invoicing, financial reporting, inventory, cash flow and other business accounting activities. The software can be used to record purchases, manage supplier invoices and track bills and payments. The following are some of the key features of Sage 50 accounting software.

Accounting Module

The accounting module covers functions such as chart of accounts, invoicing, general ledger, journals, cash flow and financial reporting.

Accounts Payable and Accounts Receivable

Sage 50 can be used to manage supplier bills, customer invoices, accounts payable and accounts receivable as part of the accounting process.

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Sage 50 supports invoicing and billing so businesses can create invoices and keep track of customer transactions.

Inventory Management Module

The inventory module helps businesses keep track of stock items, quantities and inventory movements. Businesses that carry stock can use the inventory functions together with their accounting records.

Multiple User Access

Sage 50 can support multiple users depending on the Sage 50 product and subscription selected.

Security Module

User access can be controlled according to the roles and responsibilities of each user. This helps businesses manage access to accounting information and internal accounting activities.

Audit Trail

The audit trail records accounting activities so users can review changes made to transactions and accounting records.

Software Integration

Sage 50 can integrate with selected third-party software and Microsoft 365 to support other business and accounting activities.

Cash Flow and Bank Reconciliation

Sage 50 can be used to track customer payments, bank transactions and cash flow. Bank reconciliation helps businesses compare accounting records with their bank transactions.

Financial Reporting

Sage 50 provides financial reporting functions to help businesses review their accounting records, cash flow and financial position.

How Do I Request a Sage 50 Trial or Demo?

Fill in the enquiry form or speak to our accounting software consultant if you would like to review Sage 50 for your business. We can discuss your accounting requirements and the Sage 50 functions you need before you decide on the software.

Sage 50 Accounting Software Setup and Implementation

• Set up Sage 50 chart of accounts
• Set up bank accounts
• Set up administrator and user access
• Set up invoice templates
• Set up the Sage 50 dashboard
• Set up the required accounting categories
• Set up 2 Customized invoice templates

** Subjected to additional charges for any additional work. Sage 50 annual software support is available from $500, subject to the support services required.

– Annual Sage 50 support is available by email and phone from Monday to Friday, excluding public holidays, from 9am to 6pm.

– Regular updates and reminders on tax and compliance matters.

** All accounting transactions have to be input directly by the client into Sage 50 software.
–   Subjected to additional charges apply for data entry service, account reconciliation service of $500 year

** Monthly bookkeeping services can include:

– Sage 50 Cloud Software annual support
– Accounts Payable reconciliation
– Accounts Receivable reconciliation
– Bank account reconciliation

**Consultation for accounting and GST treatments start From $600 per month

Sage Accounting Software Subscription Assistance

Existing clients who engage our annual secretarial or bookkeeping services can contact us for assistance with the Sage accounting software subscription process. Terms and conditions apply.

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