Product Focus: Drill Down Trial Balance

Its always a nightmare at the end of year when you are trying to work out why the figures just aren’t quite right. Hours of time can be wasted chasing around a few pounds, and it ALWAYS turns out to be something really simple! The Drill Down Trial Balance is a tool to relieve some Read more about Product Focus: Drill Down Trial Balance[…]

How does Tax Treatment impact your VAT Return?

Tax Postings in Sage Financials ‘Tax Breakdown’ is the key to how VAT is handled in Sage Financials. In a previous article I went over how Tax is configured in Sage Financials, so let’s look at how Tax Breakdown works when you process invoices. Each Invoice Line Item has a Tax Treatment and a Tax Read more about How does Tax Treatment impact your VAT Return?[…]

How Tax is handled in Sage Financials

How Tax is handled in Sage Financials

Tax handling in Sage Financials has been designed for the global market – so it can be configured to work in any country in the world. And a single Sage Financials instance can use multi-legislation for different companies based in different countries. This flexibility means there is a degree of complexity you might not find Read more about How Tax is handled in Sage Financials[…]