Sage 50cloud Accounts update: V 27.2

New EU E-commerce rules due to come into place as of July 1st From 1 July 2021 new EU e-commerce rules will come to place. In the article below we have covered what you need to know and what this might mean for your business. It should be noted that these schemes are not mandatory and rules have been introduced … Read More

Is lack of confidence holding you back?

I speak to so many people who tell me that they lack confidence, it’s the main thing which holds people back in life. It can easily be overcome with the right guidance and support, so all is not lost! There’s usually an underlying reason why you lack confidence in yourself. Maybe people have put you down in the past and … Read More

OCR technology to help bookkeepers

OCR is a method of transforming data digitally. Whether it be handwritten documents, images or receipts OCR software will convert your documents so that they can be saved electronically.  OCR is now everyday life for most bookkeepers and accountants. In these modern times, most have steered away from ‘shoe box’ receipt archives. With the latest software such as AutoEntry, Dext, … Read More

Do you really need to add more users to your Sage 50 Software?

Adding additional users to your Sage 50 software can be an unnecessary expense. Not many people realise that you only need to add more users if the people using the software are accessing it at the same time. For example if you have 2 employees who job share and there is no overlap with use of the software then you … Read More

Do you have unreconciled Bank Transactions?

If your bank reconciliations are all tidy and tickety-boo you’ll have no unreconciled bank transactions rolling forward as queries or errors. But what if you do? In today’s blog we look at: What is an unreconciled bank transaction Why you should ensure you check if you have any When you should check for unreconciled bank transactions How to tackle tidying … Read More

Should I use Suspense or Mispostings?

One question we get asked a lot is “Should I use Suspense or Mispostings?” or “What is the difference between suspense and mispostings?” or “How do I know whether to use 9998 or 9999?”. They are all very good questions! The simple answer is: Suspense should be used for scenarios like ‘hmmm, not sure where to put this, so I’ll … Read More