Financial Applications

 

Deep financial functionality and superior usability ensure that you have timely information to make the right decisions. Sage MAS 500 includes all the financial modules needed to manage budgets, reconcile your bank statements, and even consolidate data from multiple companies.

 

         General Ledger

The General Ledger module for Sage MAS 500 puts you in firm control of your financial data by providing quick access to your critical data. You can process inter-company transactions, establish flexible accounting periods and an unlimited number of budgets, perform future posting and more. The module's financial report writer can easily set up and maintain a variety of sophisticated reports for more informed decision making.

       Accounts Payable

With several options to streamline your approval process, automate vendor-related tasks, and simplify voucher entry, this module also accommodates multiple vendor addresses, multi-year history retention, automatic payment selection, check printing and more.

         Accounts Receivable

By effectively automating and managing your collections process, the Accounts Receivable module improves your cash flow and customer satisfaction. Gain complete control of your receivables and invoicing processes, and add automatic calculations to your procedure to avoid errors and duplicate entry. Among other benefits, extensive drill-down capabilities provide a means for quick communication with customers.

         Cash Management

Quickly and accurately reconcile all of your bank accounts, as well as perform bank transactions with pinpoint accuracy. This module integrates with the other Sage Enterprise financial modules for automatic cash transactions and secure record keeping that flows through your entire system.

       Allocations

Allocations eliminates the guesswork in distributing company expenses, reducing administrative time and cost, while accurately measuring resource consumption. Built-in process controls help you eliminate errors by creating allocation dependencies while providing the flexibility to distribute and re-distribute allocations, to create accrual transactions, and to create new types of allocation transactions.

         Fixed Asset Accounting

Track your company's tangible assets (laptops, copiers and other business equipment) and those responsible for them, while automatically calculating depreciation - eliminating the need for offline spreadsheets. Fixed Asset Accounting is automatic and can be completely customized.

         Fixed Asset Inventory

Fixed Asset Inventory provides complete asset inventory tracking and reconciliation capabilities for Sage MAS 500. Using state-of-the-art bar code technology, including Windows CE devices, Fixed Asset Inventory creates and tracks physical inventories of assets quickly and efficiently - helping companies gain tighter controls over their assets.

         Multicurrency Management

Rich multicurrency and analysis capabilities optimize your international opportunities. You can maintain an unlimited number of currencies and exchange rate schedules, leveraging the ability to update exchange rates daily, and post realized and unrealized gains or losses due to currency fluctuations. 

         Advanced Consolidations

Gather and group financial data from every entity in your organization. This data can then be quickly formatted into periodic, quarterly and annual reports, or the application can present multiple companies as one legal entity. Its flexibility in working with other accounting systems and multiple charts of accounts and ledgers makes this a valuable tool for your financials.