Sage Line 100 Specifications
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Nominal Ledger
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At
the heart of Sage Line 100, the
Nominal Ledger maintains a record
of all of your financial data
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This
option gathers data from all
the other ledgers and provides
management reporting functions,
such as the Trial Balance,
Profit & Loss, and Balance
Sheet reports. Within the nominal
ledger, you can:
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You
can create a chart of accounts,
set budgets, monitor sales and
expenditure, and with a host
of standard reports, including
Profit and Loss, VAT Return and
Balance Sheet, the key information
you need to manage business effectively
is always within reach.
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- Set
and track budgets. Annual and monthly budgets
can be assigned, and budget
profiles created to calculate
monthly budgets by percentage.
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- Create
memorandum accounts. Memorandum
accounts are not included
in the totals for financial
statements, but are still
reported on.
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- Define
up to 13 accounting periods.
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- Attach
a file to a Nominal account. (e.g.
a spreadsheet or graph.)
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- Graphical
analysis and presentation
of Nominal data. (e.g.
bar charts and line graphs
can be used to show balance
and budget for current and
previous years.)
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- Transaction
'drill down' facility. Trace
transactions to source. (e.g.
Sales Orders and Invoices)
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- Unlimited
transaction history.
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- Batch
journal entry. Place
transactions 'on hold' for
authorisation or amendment,
before finally committing
them to the Nominal Ledger.
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- Automate
Pre-payment and Accruals.
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- Easy
to use VAT Return procedure.
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- Flexible
Profit and Loss and Balance
Sheet layout design.
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- Group
Analysis. Group Nominal
accounts for reporting purposes.
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- Consolidation. Merge Nominal Ledger data from
two or more separate companies
for financial reporting.
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- Flexible
report writer. Allows
for the tailoring of standard
reports and the creation
of custom reports.
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- Comprehensive, easy to use
help system.
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- Customisable. Our
developer community is able
to customise Sage Line 100
to the specific requirements
of your business.
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Key
Features and Benefits:
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Nominal
details are easily accessible
Sage Line 100 has an intuitive
user interface, which means
that Nominal Records, including
details of period balances,
budget versus actuals and
transaction history are
all within easy reach.
All information is presented
graphically where appropriate,
for example, bar charts
and line graphs can be
used to show balance and
budget for current and
previous years.
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A
flexible account structure
for financial tracking
and analysis
Delivering the functionality you need to track finances in your organisation,
the Nominal Ledger structure has the flexibility to grow with your
business, and its changing requirements. For example, cost centres
and departments can be assigned to Nominal codes, to provide a much
more detailed analysis.
Using the Sage Line 100 'drill down' functionality, you'll find it
easy to trace transactions under query, to their source, e.g. a sales
order.
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Budgetary
control to monitor performance
Set and track budgets for each Nominal account. Annual and monthly
budgets can be assigned, and budget profiles created to calculate
monthly budgets by percentage.
For your convenience, the Nominal Ledger provides import and export
routines, which enable you to further analyse and model budgetary
data in third party applications, such as spreadsheets.
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Process
transactions quickly and
efficiently
Sage Line 100 was designed to make transaction processing quick and
easy.
You can save valuable time by creating journal templates for recording
repetitive transactions. For example, payroll values, closing stock
or monthly adjustments.
The prepayments option allows you to adjust your accounts for payments
or invoices that have been paid in advance, e.g. rent and insurance
premiums. Accruals can be configured and automated, to adjust your
accounts for any payments or invoices which you pay in arrears, e.g.
telephone, gas and electricity bills.
With Sage Line 100, you are always in control. For example, the batch
postings facility allows you to place transactions 'on hold' for
authorisation or amendment, before finally committing them to the
Nominal Ledger.
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VAT
Returns made easy
Complex tasks such as calculating your VAT Return are made easy in Sage Line 100. When previewing a VAT Return for example, the screen
actually replicates a printed VAT return. You can choose to analyse
the figures produced by 'drilling down' on specific elements of the
form, for example 'VAT due in this period on sales and other outputs'.
Totals are displayed for each VAT rate, and you can 'drill down'
further to see details of the individual transactions, which account
for them.
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A
comprehensive, easy to
use help system
Whatever your Nominal Ledger requirement, help is at hand. Accounting
procedures, best practice and 'how to do's' are all fully documented
to assist you.
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Flexible
Management Reporting
A
wealth of management reports
are provided, including
Profit & Loss,
Balance Sheet and Trial Balance. The Sage Line 100 report writer
is extremely powerful, flexible and easy to use. You can quickly
tailor existing reports, or create new ones from scratch to serve
your own particular requirements.
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Consolidation
of Nominal Ledgers
The growth of business often leads to acquisition, in which case
you'll need to report on all companies within your organisation.
With Sage Line 100 you can merge Nominal Ledger data from two or more separate
companies for financial reporting. Even companies operating in different
currencies are catered for, with exchange rates used to calculate
values in the base currency of the parent company.
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