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Computerised accounting system.

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Introduction

Please Specify which product you need when ordering. Sage Line 50 training software is available both with and with out a comprehensive assessment system.. The sage line 50 product contains Basic and Advanced tasks for operation of the Sage accounting software. Sage Line 50 uses a powerful "show and tell, then have a go" style training. This makes it easy for users to understand new concepts and provides then with a chance to "have a go in a safe training environment". Use of multimedia simulation aids retention of learning and ease of use. Learn To Use Sage is ideal for both novice and experienced users. The software provides a great foundation in basic tasks, Intermediate and Advanced tasks are also taught. Many advanced users keep the software by their PC, its great reference, have a problem? simply pop the disk in, run the topic that covers your need, its that simple. Learn To Use Sage Task List Basic: * * Add a new customer * Open an existing customer record * Add a new supplier * Open an existing supplier record * Add a new nominal account * Open a blank record * Add a new product code and save * Open a product record * Add a sales invoice * Add a credit note * Enter purchase invoice / Credit note * Allocate customer receipts * Allocate supplier payments * Add a nominal payment / receipt * Preview / Print aged debtors report * Enter sales invoices * Enter ...read more.

Middle

5. Automatic production of documents and reports: The computer can be programmed to produce automatically up - to - date reports on request and accounting documents such as invoices, cheques and statement of account. 6. Improved reporting: The computerised system can be used to generate a wide range of reports such as analyses of sales by product, salespeople and customers. 7. Faster response time: Provides the users with the ability to seek and receive very quickly answers to a wide range of queries. Disadvantages using the computerised accounting system. 1. Computer fraud: the use of computers by programmers to assist in defrauding business entities of huge amounts of money. 2. Power failures: the other forms of system breakdowns or crashes. Such system therefore require an elaborate program of constantly backing - up computer records. 3. Computer virus: program which introduced to a computer systems can go undetected and gradually destroy all the files maintained in the system. 4. Computer hackers: unauthorised people can gain access to a computer files and make amendments to those files. Computerised accounting packages can save you money, time and even help boost your profits. But many solicitors have yet to switch from the old manual system. Grainne Rothery gives a step-by-step guide to making the transition Traditional three-in-one accounting systems are still widely used in solicitors' firms around the country, but there is a wide range of computerised packages available for this task, and almost all practices could benefit from using them. ...read more.

Conclusion

'It does not make sense for a busy firm to use a three-in-one system instead of a computerised package', he says. 'All solicitors using accounts software will find that they make more money. They can get on with their work, productivity is higher and there is less time-wasting. 'Everything you have on a PC should cut labour', he says. 'So if you have an accounts package, it should be linked to your case-management system. If you set up a case and issue an interim bill, this information should be sent automatically to the accounts system. Likewise, the accounts system should be linked to a time-recording module'. Gilmartin maintains that the management information available from a PC package can help firms to identify the areas where they are making money. 'When setting up the system, you can define various areas such as probate, litigation and conveyancing', he says. 'It is then possible to calculate outgoings, incomings and the amount of time spent on each case if the system has time recording. Firms can work out each area's profitability'. Many computerised accounts packages now include time-recording modules which keep track of the exact amount of time spent working on particular cases. 'Time recording is becoming more important', says Aidan O'Neill, sales and marketing manager of Ivutec, which developed the Italax package. 'Features like this allow solicitors to keep better track of their time and expenses. One British case-management software firm says solicitors can add 12.5% to their gross billings by tracking all their expenses'. 2 ...read more.

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