RE: FN-FORUM: Accounting packages

date posted 1st June 2006 07:32

Top advice Mike! Sage Line 50 is also easily upgradeable if you're =
companies
expand too. It's probably a standard in terms of accounting packages and
although it's showing its (DOS based) age now.

What happened to the newer rewritten windows version? (I can't remember =
what
it is called though)?

-----Original Message-----
From: [EMAIL REMOVED] [EMAIL REMOVED] On Behalf Of Mike A
Sent: 01 June 2006 01:01
To: FN-FORUM / [EMAIL REMOVED]
Subject: Re: FN-FORUM: Accounting packages


Andy,

Sage Line 50 is the way to go for reasons apart from it matching your
criteria. Try and think general use rather than specific package for =
many
people will likely suggest alternatives without knowing wider =
consequences
of what they say.

One big reason for Sage is that a glut of L50 competent bookkeepers =
exist.
When you are ready to use one you won't have to spend excessive time in
training and at around =A37 per hour they're low cost. There are many
part-time Sage bookkeepers available, though ensure they have good =
operating
references.

Most accountants have staff who know L50. As a consequence you should =
save
on annual accounts preparation because there's no reinterpretation and =
you
can supply preliminary accounts by disk. Also, your accountants should =
have
a good idea of a Sage ready chart of accounts suitable for your two
businesses (if they advise you make absolutely sure they have set up a
competent COA!).

Sage is a thing you have to get used to. Take it slowly over time and =
build
up your working methodology. Upon entry mark each of your documents with =
a
Sage ledger reference so you can always match documents to Sage =
accounts.
This can be as simple as 1/month, 2/month, 3/month... for both sales and
purchase entries.

Contact me off list if you want to chat about this.

HTH.

Mike A.

Andy Macnaughton-Jones wrote:
> Hi,
> I've 2 companies - a Ltd which does hardware / software / hosting
> type stuff and a consultancy LLP.
>
> I want an accounting package that will let me do the usual accounting
> stuff and to be able to manage both companies though the same package
> - shared names and addresses etc.
>
> It also needs to be able to have repeat invoices for when I'm doing
> yearly / domain hosting etc.
>
> I'm thinking "Sage line 50" as I know my accountants use Sage so my
> end of year stuff ought to be cheaper but is there another windows
> based, industry standard package ?
>
> Cheers
> Andy



--=20
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