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SAGE 50 is a type of software whose job is to keep accounts. SAGE is commonly used in the United States, Canada, and United Kingdom. Accountants use this software and students in their academic careers are tested on their knowledge of this software to ensure they will end up as great accountants as professionals.
SAGE 50 has now become one of the most popular software used by businesses for accounts-related tasks. The software can tackle daily finance-related tasks cash flow, purchases, credit, debit, sales records, etc. efficiently and gives effective results.
SAGE is the most advanced software for accounting and finance. One needs to be proficient in operating the software to be an efficient accountant.
1) Cash flow and invoicing: SAGE 50 has a cash flow manager which helps you to take a screenshot of your cash flow. The feature gives you a clear picture of your finances; expected cash to come in, and expected cash to go out. You can also change the time frame to view at a particular time, filter by type of invoices, add adjustment lines, etc.
2) Payments and banking: This feature allows you to manage and connect to your bank feeds. Through this, you can view you’re your accounts and finances. It is integrated with the inventory management system.
3) Advanced inventory management: To know what’s in stock and what’s missing, this feature plays its part. This helps you know when to place your order with the supplier if your stock is short or finished.
Students pursuing degrees in accounting or taking accounting courses come across SAGE assignments that require in-depth knowledge and practical skills of the software.
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