Sage One For Dummies

Jane Kelly

• Publisher: For Dummies
• Year: 2011
• ISBN:
  9781119953760
• Edition: 1
• Topic: Business
• Subtopic: Accounting
• Index: Business

Get to grips with Sage One in simple steps.

Sage One For Dummies explains every aspect of setting up and navigating Sage One, the newest accounting solution for small businesses and sole traders. It includes clear instructions for using Sage One Accounts including setting up customer and supplier records, creating invoices, paying customers and suppliers, bank reconciliation, VAT returns and reporting. It also explains how to use the Cashbook function (if your business is more cash-based) and how to work with your accountant using the Accountant Edition. Packed with step-by-step instructions and fully illustrated with screenshots, this book is the easiest way to get the most from Sage One and take control of your business finances.

• Shows readers how to set up, install and navigate using dummy data
• Features setting up customer & supplier records
• Details how to create invoices for customers and suppliers
• Enables the reader to produce their own reports

Part I

Setting Up and Registering Sage One

In this part . . .

I introduce Sage One and the three services that are provided, namely Sage One Accounts, Sage One Cashbook and Sage One Accountant Edition. By the end of this section you’ll know how to successfully set up your system and will have entered some customer and supplier records.

Chapter 1

Introducing Sage One

In This Chapter

Appreciating the advantages of Sage One

Presenting Sage One’s three variants

Registering the service online

Finding your way around Sage One

You may already be familiar with Sage and know that the company has been producing popular accounting software for some time. Perhaps you’ve used the well known Sage 50 software or Sage Instant Accounts. If so, you’re probably wondering what Sage One is all about.

Sage One is unlike any other Sage service in that you use it entirely online. Therefore, you don’t have to worry about discs to load or complicated installation schemes. As long as you have an Internet connection and a computer, you can access Sage One.

This chapter introduces you to Sage One, taking you through the product’s benefits, available variants and navigation processes. I also guide you through online registration, which really is as easy as 1, 2, 3.

Meeting the Typical Sage One User

Sage One is designed for sole traders (one-person operations) and very small businesses. The service is intended for people who want to organise their finances in a more effective way than simply using a spreadsheet; for instance, business people who want to control their finances but don’t necessarily have the accounting background or time for software training. With Sage One, you can be up and running very quickly, and yet still have the ability to allow your accountant (if you have one) to check the data held online.

Three forms of Sage One are available, as I discuss in the later section ‘Acquainting Yourself with the Three Variants of Sage One’, but as a user, you have only two options: the Cashbook and Accounts variants (the third type is for accountants).

Reading this introductory chapter gives you enough information to decide which variant best suits your needs.

Enjoying the Benefits of Sage One

Here are just some of the many benefits of using Sage One:

Cheap to use – as little as £5 per month for Cashbook and £10 per month for Accounts.

Quick to set up, and so ideal for small or startup businesses.

No complicated software to install – you simply need to register (something I lead you through in the later section ‘Registering for Sage One’).

24/7 support available, and so if you decide to do your books in the middle of the night and get stuck, you know you can always get someone at the end of the phone to help you.

The fact that Sage One is an online accounting service means that you can work remotely from your office; you simply need an Internet connection and your laptop and you can work from anywhere. (Sage recommends you use an up-to-date browser.)

The online nature of Sage One ensures that you’re always using the most up-to-date service, and you don’t waste valuable time installing updates or new versions. The updates are made automatically online and you don’t pay additionally for them.

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Table of contents

• Cover
• Table of Contents
• Title Page
• Foreword
• Introduction
• Part I: Setting Up and Registering Sage One
• Part II: Using Sage One Accounts
• Part III: Introducing Sage One Cashbook
• Part IV: Working with an Accountant
• Part V: The Part of Tens
• Cheat Sheet