Accounts & Sage Training
Businesses often decide to invest in a computerised accounting system in order to have the recording of all accounting transactions in one place. This decision brings many other benefits such as:
- An instant list of all outstanding moneys currently owed to the business by customers.
- Similarly, a list of all moneys owed by the business to suppliers.
- Corrections to errors in the accounting records can be made very easily.
- The cash flow situation can be monitored on a day to day basis.
- Stock levels can be closely monitored and businesses that buy and sell goods can also see the profits being made on each individual item sold.
- Monthly management accounts become much easier and quicker to prepare and print.
The most popular choice of accounting software is Sage, and Sage have around 80% of the small business market in the U.K. Sage instant accounts is the usual choice for a lot of smaller businesses and businesses just starting up, whilst Sage 2008 accounts, (formerly known as line 50), is a natural option for organisations who want to integrate their sales ordering, purchase ordering and stock control functions.
Even if a business has an employee who deals with the accounts function, and who understands the intricacies of double entry accounting, changing to a computerised system can be an expensive and time consuming process. Buying the right software, preparing the data for transfer to the computerised system, and training the staff in the use of the computerised system are all areas that can lead to problems later on if not done correctly at the beginning.
Archimedia Accountancy Services can provide the advice, services and training that your business needs to make this transition. We can ensure that your members of staff very quickly become proficient in using the software to whatever level you want from them.
One of the partners is also an accounting technician tutor and assessor, and so Archimedia Accountancy Services can provide more general accounting training in such areas as credit control, tax calculations and management accounting techniques.