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Sage 50 Forecasting
With Sage 50 Forecasting you can create powerful financial forecasts to help plan the future of your business. Sage 50 Forecasting not only helps you and your business plan effectively for the future, but it gives you a powerful tool for managing the present with confidence. Forecasts allow businesses to identify any potential problems and take action to avert them, or to identify opportunities that can be exploited with a bit of astute planning.
Sage 50 Forecasting allows you to experiment with your business and test out the impact of new ideas. With Sage 50 Forecasting 2007 you can easily produce professional reports in Microsoft Excel, allowing you to make informed decisions and avoid risks. Sage 50 Forecasting comes complete with a variety of time-saving features enabling more sophisticated and accurate forecasts to be produced at even greater speed than ever before. Forecasts allow businesses to identify any potential problems and take action to avert them, or to identify opportunities that can be exploited with a bit of astute planning. In particular, this new software helps plan effectively and gain a wider view of the business and enables the company's financial health to be monitored on a weekly, monthly or annual basis.
- Create forecasts using data held in your Sage 50 Accounts
- Predict and monitor your cash flow
- Automatically create Excel based Profit and Loss, Balance Sheet, Cash Flow and Funds Flow
- See the impact of potential business decisions using the “what if” function
- Fit your forecasts to your business Full budget and committed costs control
- Live link forecast actual and budget data to other Sage products or Excel data
A typical Sage Forecasting user will be required to produce various forecast reports relating to either a project or the business in general. Sage Forecasting requires some knowledge of accounting concepts as the system operates in a cause and effect manner (e.g. increase sales may increase the debtors, VAT payable and intimately the bank balance)
A user may have business data stored within a variety of locations so Sage Financial Forecasting will work equally well on its own or when it is linked direct to Sage accounting software, Sage Payroll or Excel spreadsheets. This integration functionality can help automate much of the initial data entry tasks and the updating of forecasts with actual data as the year progresses.
“Comment to follow”
Sharon Taylor
FD
As qualified accountants and business advisors Smith Cooper are also at hand to ensure that you get the most benefit from the package via training and ongoing support. For more information, to arrange an onsite or remote demonstration please complete our contact us form, email us at richard.brewster@smithcooper.co.uk or call directly on 0844 669 9998.
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