Sage 50 Accounts

The Coronavirus SSP Rebate Scheme closed for COVID related absences on 17 March 2022 and businesses have until 24 March 2022 to submit any final claims or amend existing claims. If you're using the scheme, for a reminder on how to account for Coronavirus…

When you run your year end, to stop further transactions being posted into the year you're closing, you can apply a lock date. This is useful for preventing late entries once you've finalised your year end figures. A common question is whether this…

When you run your year end, it's a good idea to create an archive of your data. This makes it easy to report on previous year data, without current year postings getting in the way. A common question we're asked is whether creating an archive removes…

If your financial year ends on 31 December 2021 but you're not ready to run your year end straight away, don't worry. You can still post into your new financial year before you run the Year End option. This means you can keep up to date with things like…

The Business dashboard is a great new feature that gives you key business data at a glance. Whether you choose one of our ready-made dashboards or create your own from scratch, you can personalise them to suit you and your business. It's really easy…

With the new Business dashboards feature, introduced in the Sage 50cloud Accounts v28 update, you can view dashboards that instantly show you the key business data you're interested in. Choose from ready-made dashboards, or create your own to see exactly…

Stay informed with this week's trending Sage Knowledgebase articles: Autumn Budget Summary 2021 Check which customer invoices are due Hints and tips when doing your VAT Return Health and Social Care levy Hide deleted transactions in Sage 50cloud…

If you've received a refund from a supplier, it's easy to record this using the Supplier refund option. If you've already received a credit note you can allocate it straight away, or alternatively simply post the refund and allocate it later. Find out…

Sometimes you might reconcile a bank transaction in error, or you may even want to undo a bank reconciliation altogether and start again. Don't worry, there's a few ways you can do this in your software. Find out more >

Do you have customers and suppliers that you no longer trade with, or products you no longer sell? To tidy your lists and make them more manageable, the inactive records option is just what you need. Simply flag one or more records to hide them from…

Before important tasks such as your VAT Return or Year end, you can use the Accounts audit options to quickly check for possible errors. Options include: Check for duplicate transactions > Check for invoices not sent or updated > Check tax codes…

The SME Brexit Support Fund gives eligible small and medium-size businesses up to £2,000 to help with training or professional advice on things like completing custom declarations and managing customs processes and import and export requirements. Find…

To manage your cash flow it's important to know what payments are due into and out of your business each week. You can quickly check this using the outstanding invoices due reports. They show you exactly when invoices for each customer or supplier are…

The SME Brexit Support Fund gives eligible small and medium-size businesses up to £2,000 to help with training or professional advice on things like completing custom declarations and managing customs processes and import and export requirements. Find…