Accounts software specialist Sage UK has unveiled an online service aimed at small to medium enterprises (SMEs), delivering enhanced forecasting tools and the ability to handle transactions in multiple currencies, the firm said.
Available now, Sage One Accounts Extra extends the firm's existing Sage One software as a service (SaaS) portfolio of online accounting and payroll tools. Chiefly aimed at small businesses, the new service supports companies looking to expand overseas, and is delivered on a highly scalable and secure global platform built for greater accessibility and collaboration, according to Sage.
To support international trading, Sage One Accounts Extra has the ability to record income and purchase transactions in multiple currencies, calculating exchange values automatically as well as calculating VAT on transactions with non-UK businesses.
It also has enhanced forecasting tools, including cash flow forecasting, offering users a view of their company's financial position in real time, with clear visibility of payroll, profits, balance sheets and projections, according to Sage.
Sage One Accounts Extra features secure access for multiple users, allowing business owners to define what each user can see and do and control who can manage payments and receipts. It also provides an upgrade path from Sage One, while users have the assurance of telephone and email support from Sage's customer service team for no extra charge.
Simon Hodgkins, head of Sage One UK and Ireland, said that the firm has been supporting small businesses for over 30 years with accountancy and payroll tools.
"Sage One Accounts Extra has been designed to give our users more power and control across the board, which in turn gives them the freedom, confidence and peace of mind to focus on growing their business," he said.
Sage One Accounts Extra is priced from £25 per month + VAT.
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