General Ledger Consolidation
For all organisations with more than one legal entity, consolidation provides a fast and easy period end process by automatically mapping subsidiary Chart of Account structures to the holding company structure, which could well be different. It will also automatically translate from the subsidiaries local currencies to the holding company structure if different. Translation differences created in the process are automatically handled. For those organisations with very complex legal entity structures, multiple levels of consolidation can be configured.

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Absorption Costing
The Absorption Costing module has been designed to allow organisations to maintain both budgetary and actual period-based statistics, which can then be used as part of an absorption costing process. Users are able to create an unlimited number of statistical sets such as headcount or floor space, which can be configured to cross-reference each other and create service-level recharges across internal departments. The statistical data can be used within the account balance cascade and journal process, as the basis of reallocating costs on a pro-rata basis, fixed-charge basis or even a user-defined rule set.

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Inter Entity Accounting
General Ledger journal processing enables entry of Inter-Unit accounting information i.e. target and source entities and General Ledger account code mapping rules. Inter-Unit Audit files are used to generate ASCII format files, which are in turn used to transport Inter-Unit journals from one Inter-Unit company to another.

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Credit Management
Sage Line 500 Credit Management provides a centralised credit control function with an integrated transaction enquiry and call logging process. Full diary management is supported with automated target call lists by credit controller. Call logging supports entry of free-format text, cheque promise dates, ad-hoc generation of statements and reminder letters, along with simple cash flow forecasting.

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Fixed Assets
Sage Line 500 Fixed Assets provides you with control over your assets and their depreciation. It can be used individually or as part of the procurement process with full integration to the General Ledger. You can record comprehensive information for each asset, any associated attachments to assist the management and tracking of these assets. The system has flexible depreciation methods to meet the requirements of both the commercial and public sectors.

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Job Costing
Sage Line 500 Job Costing provides you with an up-to-date picture of the expenditure and revenue associated with specific projects. When using Job Costing in conjunction with the ledgers, it is possible to record purchases, revenues, time-sheets and payroll items for each job. You are also able to analyse the expenses and revenues posted from Accounts Receivable, Accounts Payable and Inventory Control.

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Payroll
The Sage Line 500 Payroll module is fast, accurate and relieves you of the intricate and time-consuming task of calculating and checking each employee's pay. Built-in security ensures that confidential information is protected from unauthorised users. The payroll system supports key features such as multiple payrolls within a single company, the flexibility in building up each employee's pay whilst providing full compliance with all statutory requirements. One of the key benefits is that because it is fully integrated you can obtain comprehensive analysis of all payroll costs, throughout the solution.

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Electronic Payments (BACS)
The BACS module integrates your system automatically with the external banking community. This saves time for both you and your payees. This module is fully integrated with the financial ledgers and supports multiple payment media. Full security is maintained including the support of passwords by BACSAFE or those issued by your bank.

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International Payments
International Payments extends the BACS functionality to support flexible definition of output formats for multinational requirements, including the facility to split a single payment run into multiple output formats. For example, a customer in the Netherlands might want to pay suppliers in Belgium and France in a single remittance advice run.

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Report Writer
Report Writer is designed to supplement the standard reports that are available. The data can be extracted from any aspect of the system and incorporated into a report. The layout of these reports can be tailored to meet your exact requirements with the reported output either printed or saved to a file.

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Report Writer Language
Report Writer Language is the ideal accompaniment to Report Writer and allows the more advanced user to design complex reports using an easy-to-learn structured query language. You can extend the functionality of report definitions that have been created using the Report Writer and take advantage of the query you have created by simultaneously creating two or more reports from the same set of data; for example, a detailed report and a summary report.

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Auditing & Security
This simple but powerful tool allows for specific events to be audited by recording related information whenever they occur. Generally, these events are database updates, additions, or deletions from a particular table. User-based security allows individual organisations to define the level of security they require over their database.

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Data Import
This is a comprehensive, flexible tool that allows you to import data into Sage Line 500 from other software products, such as spreadsheets and databases. You can decide exactly how and when you want to import data thus ensuring that all of your data systems are fully integrated and that Sage Line 500 can accurately reflect external sources of information with minimal manual intervention.

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Archiving
The ability to retain full accounting records electronically is a key audit requirement. This module allows you to build up a record during the year, so that auditors and staff can have access to an exact replica of your accounting transactions for previous years. Once configured, the process is automatic and can be scheduled at times to suit your business, thus ensuring no loss of performance for the day-to-day work.

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