Features
In today’s volatile economy, it’s more critical than ever that every aspect of your enterprise be operating at peak efficiency. Built from the ground-up with Microsoft SQL Server, Visual Basic and Microsoft Office technology, Sage 500 ERP (formerly Sage ERP MAS 500) is a complete enterprise management solution. Based on our core of unmatched financial accounting software, Sage 500 ERP solutions expand to integrate business intelligence, order processing, distribution, and manufacturing. They were developed to help progressive companies streamline operations, manage with insight and springboard to the next level.
Financial Management
The core financial modules expanded by integrated solutions provide the tools to record monitor and report on performance and profitability across your entire organization. Flexible reporting, allocation, currency, and analysis options increase productivity and put you in control of your finances so you can manage your company and increase profits.
General Ledger
The General Ledger module for Sage ERP MAS 500 puts you in firm control of your business by giving you quick access to mission-critical financial data. When you combine power and flexibility with ease of use, you get the critical information you need to make timely and informed business decisions and manage your business more effectively. The system’s extensive drill-down capabilities enable you to view everything from detailed journal entries to original source documents.
Accounts Payable
The Accounts Payable module for Sage ERP MAS 500 helps you save time, reduce administrative costs, and gain better control over your business processes by automating a wide range of vendor-related tasks. In addition to providing maximum flexibility through built-in customization capabilities, the system gives you fast, easy access to the information you need for day-to-day tasks and period-end processing, including vendor statistics, aging, and transaction information.
Accounts Receivable
The Sage ERP MAS 50 Accounts Receivable module helps you improve cash flow while enhancing customer service through more effective management of your entire collections process with the power of automation to speed up and streamline every step in your collection efforts, from invoice entry to the recording of payments. The system automatically calculates sales taxes, discounts, commissions, and due dates, and automatically distributes invoice amounts to the appropriate General Ledger account based on the item sold. During payment application, Sage ERP MAS 500 lets you automatically apply cash receipts to open invoices and write off those balances that are within predefined toler¬ances. In addition, you can use the Sage ERP MAS 500 Office integration tool to create customized dunning letters quickly and easily, without any programming knowledge.
Cash Management
The Sage ERP MAS 500 Cash Management module improves efficiency by using the power of automation to streamline transaction processing and reconciliations. Cash Management enables you to quickly and easily handle and track a wide range of bank transactions-including deposits, withdrawals, adjustments, interest earnings and charges, bank fees, and transfers between bank accounts-with pinpoint accuracy. In addition, the module’s extensive drill-down and drill-around capabilities give you fast, convenient access to transaction details and source information.
Multicurrency Management
The Sage ERP MAS 500 Multicurrency Management module allows you to optimize your international opportunities by providing a streamlined, flexible way to manage multiple currencies, exchange schedules, and currency fluctuations. You can save time and streamline your business processes by using the power of automation to create and maintain an unlimited number of currencies and exchange rate schedules. You can use Multicurrency Management to update exchange rates on a daily basis and record realized or unrealized gains and losses due to currency fluctuations to the general ledger accounts assigned to the currency. Realized gains and losses are automatically posted when the transaction is settled.
Allocations
Being able to deploy resources efficiently and monitor costs accurately are key factors in gaining and sustaining a competitive advantage. The Sage ERP MAS 500 Allocations module offers you a powerful yet flexible tool to do just that-through timely and efficient allocation and accrual processing, you can simplify and streamline period-end closing cycles.
Sage Active Planner
Sage Active Planner is an enterprise-wide, purpose-built budgeting and planning application. With Sage Active Planner, you’ll make quicker, more informed business decisions by shortening budgeting and planning cycles. And with a planning process that is easier and more efficient, you’ll be able to encourage collaboration across all lines of business and tie budgeting activities to organizational performance.
Sage FAS Fixed Assets
Sage FAS Asset Accounting is a comprehensive solution that provides advanced fixed asset accounting and reporting features. It offers more than 50 depreciation methods including MACRS 150 percent and 200 percent (formulas and tables), ACRS, Straight-Line, Modified Straight-Line (formulas and tables), Declining Balance, Sum-of-the-Years-Digits, and user-defined depreciation methods.
Sage FAS Asset Inventory allows you to efficiently create and track multiple physical inventories of assets and enjoy complete control over your entire asset inventory at every step. This solution allows you to track your fixed asset inventory thoroughly, helping to eliminate lost or stolen assets and reduce insurance and tax overpayments. With automated inventory functionality and built-in reconciliation capabilities, Sage FAS Asset Inventory offers you a complete range of inventory tracking tools so you can effectively achieve tighter control over your fixed assets.
Sage ERP MAS 500 Sales Tax
Take the worries out of sales tax compliance! Count on Sage ERP MAS 500 Sales Tax powered by AvaTax. Dealing with sales tax doesn’t have to be time-consuming and error-prone: Automate sales tax processes with Sage MAS 500 Sales Tax.