Manufacturing accounting software for small and growing businesses

When you’re working in an industry like manufacturing, you need a place where you can effectively control stock, view real-time data, and stay compliant. Sage Accounting does just that, helping you:

• Get clear insights into production costs to make informed business decisions
• Get a clear view of stock so that you always have the right amount
• Get paid faster by automating and setting up recurring invoices
• Stay in control by viewing a cash flow forecast with real-time insights
• Manage your finances no matter where you are on your mobile
• Review orders that are in the pipeline and pending
• Save hours of time by reducing your admin burden
• Connect your banks and import transactions from your points of sale
• Pay employees on time, every time
• Stay compliant by calculating and creating VAT returns that can be uploaded to Revenue
• Give your accountant or bookkeeper permission to view your finances and collaborate with them in real-time

Sage Accounting is a type of accounting software that works from anywhere, online. Manufacturing companies can use Sage Accounting to work on their books, prepare for a VAT return to Revenue and control their cash flow. Use it to track income and expenses while spending less time on financial admin. You can also use Payroll, an add-on for Sage Accounting, to pay your employees.

Using this type of software, you can see how much inventory your manufacturing business has at any one time. This type of information will help you plan when to order more stock and manage cash flow more efficiently, all while cutting costs. It will also help you avoid overselling and make more profitable business decisions.

Sage Accounting is a good choices for manufacturing companies. Accounting enables generating quotes and estimates, and also supports unlimited users, advanced reports, and cash flow forecasting. With Accounting, you can also manage inventory and invoice in multiple currencies.

Use accounting software to record income and expenses. Brief your employees how they can capture expenses, using their mobile devices, while on the go. Sync transactions with your business bank accounts via bank feeds. Create, send and track the status of invoices inside of your accounting software Enable secure collaboration with your accountant before a tax return so they can verify the accuracy of your books. Alternatively, hire an in-house accountant or team who completes these tasks.

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 manufacturing 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 create VAT returns that can be submitted to Revenue
• View cash flow forecasts in real-time to make faster business decisions