What is the Chart of Accounts in Sage 50?

One thing that tends to be a bit of a mystery to a lot of Sage 50 users is the Chart of Accounts, so here I’m going to explain the What, Why, When & How. What is the Chart of Accounts? The Chart of Accounts (or COA) is the area of Sage where you configure how your Sage Profit & … Read More

What Sage 50 VAT tax code should I use for toll charges?

VAT can be a complex topic and what VAT codes to use in Sage 50 Accounts can be confusing. If you’re not sure what VAT tax code to use in Sage 50 for the toll charge expenses your business incurs, you’re in the right place as we train and support users of Sage 50! Here we explain exactly what VAT … Read More

Does my business need to use consultancy services?

Many successful businesses use consultancy services in order to improve their outlook, refresh their knowledge and implement new strategies in order to become more efficient and improve their services or systems. It’s easy to get into a routine and continue to follow the same processes and procedures which are already in place. Maybe it’s the way you have been taught … Read More

How to get the most out of your software – Why training, support and guidance is important to help you increase your skills and knowledge.

Technology is becoming so advanced that we don’t always use our software to its full potential. It can be difficult to comprehend exactly what your software is capable of. It can become so time consuming investigating the ins and outs of your software and if you’re not careful it can potentially hinder your experience and create even more work for … Read More

Sage 50cloud Payroll Bureau v27.1 is now available

Sage have announced the release of Sage 50cloud Payroll Bureau v27.1 and it’s now ready for you to download and install. Later this week it will become mandatory to complete the update and you will not be able to access your software until you have installed this latest 27.1 update. We advise on updating your software as soon as possible. … Read More

Don’t ignore the elephant in the room

Do you often ignore the elephant in the room? Pushing complex tasks to the bottom of the pile hoping that they will go away? It’s easy to push tasks like this aside. If you find yourself doing this on a regular basis then it might be worth establishing the reasons behind putting more difficult tasks to one side. Is it … Read More

Is Sage Essentials being discontinued?

As some of you may know, Sage has discontinued Sage 50 Essentials and no longer sell it to new users. However, if you have Sage 50 Essentials and you’re still using it, what does this mean for you? We had an email last week from a client who runs a small business, and that has a Sage 50 Essentials subscription, … Read More

The History of a Trial Balance

A trial balance is probably much older than you would expect, in fact it dates back to 1458! It’s fascinating that we are still using this process over 500 years on. It was originally believed that Fra Luca Bartolomeo de Pacioli also known as Luca di Borgo after his place of birth, Borgo Sansepolcro, Tuscany, was the first to describe a trial balance … Read More