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Sage MMS Specifications

   Overview  Benefits  Specifications  Requirements Buy Now
 
    Sales ledger     Sales Order Processing
    Purchase ledger     Purchase Order Processing
    Nominal ledger     Stock Control
    Cash Book     Price Book

 

Nominal ledger

At the heart of your business, the Sage MMS Nominal Ledger provides you with a wealth of reporting and business management information. Its multi-level structure allows cost centre and departmental breakdown, giving you total flexibility to track budgets and produce profit and loss reports by product, sales region or even individual departments. It simplifies managing your VAT, whilst providing comprehensive analysis of VAT details.

  • Flexible account structure. Account number, cost centre and departmental analysis.
  • Set and track budgets. Annual and monthly budgets can be assigned, and budget profiles created to calculate monthly budgets by percentage.
  • Create memorandum accounts. Memorandum accounts are not included in the totals for financial statements, but are still reported on.
  • Define up to 13 accounting periods.
  • Attach a file to a Nominal account.
    (E.g. a spreadsheet or graph.)
  • 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.)
  • Transaction'drill down' facility. Trace transactions to source.
    (E.g. Sales Orders and Invoices.)
  • Unlimited transaction history.
  • Batch journal entry. Place transactions 'on hold' for authorisation or amendment, before finally committing them to the Nominal Ledger.
  • Automate Pre-payment and Accruals.
  • Easy to use VAT Return procedure.
  • Flexible Profit and Loss and Balance Sheet layout design.
  • Group Analysis. Group Nominal accounts for reporting purposes.
  • Consolidation. Merge Nominal Ledger data from two or more separate companiesfor financial reporting.

Key Features and Benefits:

  • At the heart of your business, the Sage MMS Nominal
    Ledger provides you with a wealth of reporting and business management information. Its multi-level structure allows cost centre and departmental breakdown, giving you total flexibility to track budgets and produce profit and loss reports by product, sales region or even individual departments. It simplifies managing your VAT, whilst providing comprehensive analysis of VAT details.
  • Budgetary control to monitor performance
    You can track performance by assigning annual or monthly budgets. You can also calculate monthly budgets by percentage, and export to third party applications for further analysis.
  • VAT Returns made simple
    The screen actually replicates a printed VAT Return. Analyse the figures produced using the drill-down facility.
  • Consolidation
    If you need to report on different companies within your organisation, you can merge Nominal Ledger data from separate companies for financial reporting. This includes companies operating in different currencies, as the software converts values to the base currency of the parent company.

 

 

Sage Line 50 version 11 now available online

Sage MMS nominal ledger screen shot
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