Accounting software for financial services and lending businesses

Whether your financial business focuses on pensions, property management, insurance or hedge funds, you can save valuable time on admin and get a better view of your finances with Sage Accounting. Use it to:

• Quickly raise quotes and invoices to get paid faster
• Control cash flow with accurate forecasting
• See how much profit you can earn from a deal
• Create a digital paper trail and file VAT returns to stay compliant
• Record expenses on the go with AutoEntry to snap and capture receipts
• Give bookkeepers and accountants permission to review finances and collaborate with you in real-time
• Pay employees at your practice on time, every time with Sage Payroll

Financial accounting software is a cloud software or online application for recording income and expenses and reconciling transactions in a business bank account. It's designed for collaborating with an accountant and submitting accurate, compliant tax returns to HMRC. Sage Accounting is an example of accounting software.

Sage Accounting is a good choice for smaller insurance brokers. It supports multiple currencies and is Making Tax Digital compliant. It simplifies recording income and expenses and enables collaborating with an accountant prior to a return. You can use the optional Payroll add-on to pay employees quickly and easily.

There are plenty of ways you can save time with Sage Accounting. Here are some examples:

Automate manual tasks

By automating tasks, you can cut down the amount of time you spend on manual data entry to save money and focus on the areas of the business that need the most attention.

• Set up recurring invoices to avoid starting from scratch each time
• Add invoices in bulk to save time
• Get Google Drive integration to get automatic copies of invoices and quotes online
• Connect your bank and let transactions flow into Sage Accounting for easy reconciliation
• Make sure that you’ve always got the right amount of stock - quickly view your inventory and create reorder levels and quantities
• Get inventory reports to see stock information in seconds

Purchase Automation and AutoEntry

Spend less time on admin and more time on your finance work with a paperless way to manage receipts. Simply snap, scan or email a photo of your receipts, bank transactions, invoices or other documents for your Sage accounts using Purchase Automation and AutoEntry. Then categorise, publish and share them with your accountant through Sage Accounting. AutoEntry captures tax summaries and full line item details including description, quantity and unit price so it’s an easy way to log the information you need, when you need it.

Other ways to save time:

• Use dashboards to view your financial data instantly
• Use real-time data to collaborate faster with accountants or bookkeepers
• Create and send invoices, easily follow up with clients on outstanding invoices and track the health of your business in real-time from anywhere with the mobile app
• See a live running total of your tax liabilities, plan ahead and submit to HMRC
• View cash flow forecasts in real-time to make faster business decisions