Sage Business Cloud
Harmonise your back-office with your bank, payment systems and credit supply. Get greater visibility and control over accounts payable.
Keep accurate financial records and track what you owe suppliers. Aged creditors reporting will help you improve the visibility of financial information and save time on business automation.
Manage the credit terms of customers. Impose credit limits and set up groups, categories and tags for your suppliers. Find and calculate short-term debt fast. Sage Accounting reveals what you owe to suppliers at any point in time.
Ensure suppliers are happy by paying them at the right time. It’s easy to analyse and track your business spend across multiple suppliers, using our intelligent reporting.
Reconcile business transactions instantly inside of your accounting software with our accurate, automated bank feeds. Sign off purchase invoices with ease using AutoEntry (get 2 months free).
Accounts payable is how a business processes accounts in the accounting cycle. You may choose to pay bills as soon as they land, but it’s more likely you'll have a number of bills to pay at different times. By adding them to accounts payable you can pay them at a date that suits you and your client.
Sage accounts payable software helps businesses streamline their accounts payable processes through invoice automation, payment remittance, tax calculation and supplier management – for small business accounts payable and receivable.
When a business buys goods or services on credit (rather than cash) it will credit Accounts Payable and the credit balance will increase. When a business pays one of its suppliers the amount included in Accounts Payable, the company should debit Accounts Payable meaning the credit balance is decreased.
Accounts payable is a short-term credit mechanism used by a business to pay a supplier for products and services. Payment terms differ, typically across 30 or 90 days. The payable amount goes into default if a business does not pay within the terms agreed, and is listed on a company's balance sheet. Accounts payable is a liability since it's money owed to creditors and is listed under current liabilities.
Get added functionality with our partner apps which integrate directly with Sage Accounting, bringing you more tools that help you get the job done.
Remove the need for data entry
AutoEntry is an intelligent, cloud-based solution which eliminates bookkeeping data entry, so users never again have to type up invoices or receipts.
Get paid faster
Satago helps business owners and accountants get invoices paid faster and protect against credit risk.
Fast and easy job management app
Tradify streamlines and automates your job tracking, from enquiry to payment. Reduce admin hours in scheduling, payroll, CIS and more.
Gain control and maximise profit
Gain total control over your jobs and staff, allowing your company to run in the most streamlined and cost-effective way, achieving maximum profit.
“With my bank connected to Sage Accounting I am in control of business performance, and I know where to focus my attention.”
Roisin Culligan
Brew Box Coffee
Whether you're new to accounting software, Sage or an existing customer, get expert answers on features, pricing, data migration and more.
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