User manual SAGE 50 LINE

[. . . ] Sage 50 Accounts User Guide Copyright © Sage (UK) Limited, 2008. All rights reserved If this documentation includes advice or information relating to any matter other than using Sage software, such advice or information is provided for information purposes only. While Sage takes responsible steps to ensure the accuracy and completeness of such information, it can only be general in nature. You should therefore take appropriate steps to ensure it is correct and relevant to your circumstances. [. . . ] Note: You can amend the names shown on each of the discount tabs so that they are more meaningful for your business. The product discounts you can set up are based on quantity levels and you can enter quantities, for up to ten levels of discount. If you use a standard set of discounts for your products, for example, for retail customers, you can set up Discount A on each product record to be your retail discount. You can then enter the levels of discount on your first product's Discount A tab. Then, copy this discount structure, using the Copy Discount button on the main Products window, to the Discount A tab of each of your other product records. If you enter this structure on one product record, you can then copy it to every other product record it applies to. You can only copy from one product's discount tab to another product's discount tab, if the letter of each discount tab is the same. For example, you can copy a product's Discount B to another product's Discount B, but you cannot copy Discount B to Discount C. Note: On copying discounts in this fashion, all discounts in columns A-E will be copied between product records. To set up a discount structure for your product record 1. Select the Products module and then, if appropriate, use the view selector to switch to the Products view. From the Products window, select the product (or products) that you want to set up discounts for, and then click Record. Click the Discount tab. 393 Sage 50 Accounts User Guide The discounts information appears. You can sub-divide each of the five discounts on each individual product record to 10 different levels of discount. If you want to copy a discount structure that you have already set up on another product record, click Copy Matrix. Note: If you have chosen to rename the Discount tabs A-E, the names that you have entered appear here. Choose each discount tab in turn, to set up the discount structures for Discounts A-E as required. In the Discount table on each discount tab, enter the following discount details, one line per level of discount, as required. Quantity Enter the quantity of the product required for a customer to qualify for a discount. Sage 50 Accounts only lets you enter quantities in ascending order, with the smallest quantity as level one. Enter the discount (as a percentage) that a customer receives for purchasing this quantity of the product. This is automatically calculated for you by Sage 50 Accounts and is the sale price of the product, less the percentage discount you entered. Discount % Value 394 Customer Tasks 5. 7. When you have finished entering your discounts, to save your entries, click Save, or to clear any data you entered and start again, click Discard. [. . . ] Now click Next to go to the next record you selected, and repeat steps 3 to 5. Repeat these steps for the remaining nominal accounts. To enter your opening figures using journals See Recording a Journal Entry on page 308. 750 Recording Opening Balances Entering your product balances Remember you only need to do this if you have products (stock) that you want to track. You add the total cost and quantity of each product to its product record setup in Sage 50 Accounts. Product Balances Product Shiraz Merlot Zinfindel Hock Qty 22 32 25 20 Cost 9. 50 8. 50 9. 40 9. 20 Total 209 272 235 184 Values added Shiraz opening bal Qty In 22 Cost Price 9. 50 Merlot opening bal Qty In 32 Cost Price 8. 50 Zinfindel opening bal Qty In 25 Cost Price 9. 40 Hock opening bal Qty In 20 Cost Price 9. 20 Additional information Product opening figures are not automatically updated to the Nominal Ledger. The value of your opening stock is manually added to the Nominal Ledger when you enter your opening figures to Sage 50 Accounts. [. . . ]