Sage 50 Construction New Reports

The latest version of Sage Construct Advanced, or Sage 50 Construction, when linked to Sage 50 Accounts, is now available and has several new reports as standard:

ESTIMATE REPORTS
Tender Summary – Summary of quote

Library List & Library Details – List of libraries & details

CONTRACT REPORTS
Summary Report (Totals) & Summary Report – Summarises costs & sales revenue by cost head per contract

List Order (Totals) & List Orders – Summarises costs and sales revenue by contract

Variation Sections & Details and Variation Detail Only – Reports variation levels with budget and costing information per contract

Variation Order Summary – Reports variation levels with costing, recharge & nominal code information per contract

Purchase Order/Works Order/Timesheet/Delivery Note/Nominal List – Lists transactions which can be reported in various sequences

Plant on Hire – Lists plant currently on hire by contract

CLIENT REPORTS
Applications Outstanding – Reports sales applications and their outstanding value for each client by contract

Client Invoice Summary – Reports sales revenue values for each client by contract

Contract Customer Summary – Summarises costs and sales revenue by cost head per client

Client Retentions – Reports outstanding client retention values for each client by contract

Client List – List of client details

Client Activity – Financial summary per client

S/C REPORTS
Insurance Summary – Lists type of insurance cover per subcontractor

Renewals List – Lists dates of re-newel letters sent per subcontractor

Insurance by Contract – Lists active insurance cover per contract

As always, new reports can be written, however changing and creating these reports in the Sage Report Writer means that small changes to existing reports will be much quicker.

Sage 50 for SQL

The long awaited release of an SQL version of Sage 50 Accounts is on it’s way and scheduled for release in February 2011, It is to be called Sage 100. Although this will undoubtedly cause confusion with those of us old enough to remember the name Sage Line 100, this is a completely new product. Perhaps for this reason Sage will review the name and change it before the official release.

Here’s what Sage have to say about Sage 100 or Sage 50 SQL

“Sage 100 is an exciting new development for Sage UK and it’s a premium offering for expanding and growing small to medium sized businesses. It fulfils a need for a niche group of customers with key issues surrounding users and larger volumes of transactions. We have identified that the needs of these customers places them between Sage 50 Accounts and Sage 200, and Sage 100 addresses this need.

* Sage 100 will support businesses with processing departments where several users enter similar information, for example a team dedicated to entering sales invoices.
* It offers up to 25 users the ability to process at the same time while keeping the familiar look and feel of Sage 50 Accounts. This means that users won’t need to take it in turn to enter transactions resulting in real productivity and efficiency gains.
* Existing Sage 50 Accounts customers can easily move to Sage 100 plus there’s no requirement to retrain staff.

When will it be available?

We are really pleased to let you know Sage 100 will launch in February 2011 and in the mean time our teams will continue to work hard ensuring the software meets our customer’s needs.”

The release of Sage 100 is likely to provide much larger user counts because of it’s SQL database, along with much higher transaction volumes, so this should prove to be a fantastic offering for those who have outgrown Sage 50 Accounts, but would prefer to keep the familiar interface, rather than moving to Sage 200. We will keep you updated as soon as we know any more, so bookmark our blog and check back often.

Sage 50 Accounts 2011

Sage will shortly be releasing a new version of their Sage 50 Accounts range. This will be called version 2011 and contain several new features and enhancements to existing features that may be of benefit to your business

Ledger Services Ltd belong to a scheme at Sage called the Sage Accountant Partners, as such we’ve had an exclusive preview of what is contained in version 2011. We are therefore best placed to advise whether you can benefit from this latest release.

New Features

The UK Flat rate VAT scheme

This scheme was introduced by HM Revenue & Customs (HMRC) to simplify VAT for small businesses. Your software now supports this VAT scheme from recording your day to day business transactions, producing your VAT Return through to paying HMRC.

Bank reconciliation
While reconciling a bank account you can now add customer receipts or refunds as well as supplier payments and
refunds to adjust your records. The Retrospective Bank Reconciliation report has been updated so that it now looks like a bank statement. A progress bar is displayed while your software is performing a reconciliation.

Emailing documents
So that sales orders, purchase orders, invoices and quotations are emailed to customers and suppliers with just one
click making the process seamless.

Sage Pay
You can now import your web sales from your Sage Pay account to Sage 50 Accounts. By downloading payments from your Sage Pay account your software now creates invoices and updates your accounts for you.

Charities (non-profit organisation)
A Profit and Loss and a Balance Sheet report can now be generated for each fund. Also, by choosing the chart of
accounts for Charities when you install your Sage 50 Accounts, your software is automatically set for the needs of a
non-profit organisation.

Sage Services (UK only)
You can now access a range of services directly from your software. Use the link to register online with us to create a
Sage Login. Then record your login details in your software to access the services seamlessly (Tools > Internet>Options> Sage Accounts tab).

Favourite views
You can now set the software so that each time it opens it displays the area you use most often. You can also set your
financial ledgers to display in list form, as a process map or as dashboard information.

Practical changes to several areas
- The Disputed Items window now displays transactions for the first account highlighted from a list of customers,
which can be selected from either the Chase Debt of Customer List.
- Journals now include an Ex ref column, which you can use to add more details about a journal.

We are waiting for confirmation of release date at the moment, however we expect it to be early in September, in line with the usual Sage 50 Accounts version updates.