Sage 200 Evolution – Branch Accounting – Module break down
This extrememly useful module for Sage 200 Evolution has proven to be an amazing productivity aid for businesses that have implemented it in their business, so we felt it worthwhile bringing to your attention in this newsletter.
Organisations which have legal entities in multiple locations may encounter difficulties in optimising operational efficiencies and control within their various branches. Branch Accounting simplifies and streamlines business processes and transactions between all of these entities.
Branch Accounting enables bi-directional synchronisation and consolidation of data. Information can now be shared, consolidated and saved on both the centralised system at the head office as well as at branch level. For example, all financial, inventory and pricing data is always up-to-date and consistent across branches. Product prices can be changed at head office level and automatically pushed to all branches.
Branch Accounting includes the ability to transact at local level even if internet connectivity become unavailable. In addition, any potential loss of data due to fire or theft will be kept to a minimum, as regular consolidation and replication will house data at head office over and above any off-site backup processes. Data for a particular branch can be restored and sent to the relevant branch within hours of the loss.
Branch Accounting assists in:
Increasing productivity as a result of simplified transactions.
Minimising potential errors with once-off data capturing.
Providing full visibility into business activities with the complete audit trail, which details transaction histories for the head office per branch.
Creating efficient, cost-effective transactions with affiliate and subsidiary companies.
Main features of Sage 200 Evolution Branch Accounting:
Centralised and Decentralised Accounting.
Document numbers and transaction types per branch.
Ability to merge data to the head office database.
Reports consolidated by branch at the head office.
Global and local Customers and Suppliers.
File Transfer Protocol (FTP) as a communication protocol.
Contact us on 0161 413 5040 to discuss this Sage 200 Evolution module or to arrange an online demonstration with one of our consultants.
Sage 200 Evolution is enterprise wide software that links your whole business together – find out more here.