Sage Active allows you to easily record all journal entries related to advanced payments that took place before the creation of the invoice they are related to. These advance payments can be recorded for payments from your customers as well as for payments owed to your suppliers. In this article you will find a practical …
You can easily export journal entries with all tax related info and send them to your accountant. You can perform this export any time you need. Sage Despachos The exported file can be directly imported in Sage Despachos. To do this: Access the export screen. Reports and exports > Exports – Export for tax consultant …
You can create a PDF file based on a report in Sage Active to easily share or print this information. This function is available in each report containing the button Export to PDF in the top right-hand corner. To create a PDF file: Access the reports page. Reports and exports Open the report of your …
Sage Active allows you to submit your VAT returns automatically through the official platform for your country. To submit a VAT return: Access your tax returns. Tax returns Select the tax return to submit. Access the Sage compliance service page ( Manage tax return ). Choose to submit the VAT return digitally through the official platform …
When your tax consultant asks you to provide them with an export of your accounting information, you can easily provide these files through the DATEV export in Sage Active. Prerequisites Both the Consultant number and the Legal obligations are present in the the Legal obligations tab of your business management settings. If these prerequisites are …
When the tax auditor asks you to provide them with an export of your accounting information, you can easily provide these files through the GoBD export in Sage Active. Prerequisites The City where your business is located is included in the address information in your Business management settings under the Information tab. The GoBD export …
To verify the current balance for one or more third parties, you can generate the third-party balance.
You can create an accounting session to add an extra level of categorisation to a journal entry. For example, you can add a session to identify that an entry is part of the year-end closing process or to identify that it is created by a specific user. To create a session: Enter the Sessions list. …
Verify your accounting using a trial balance. Easily identify abnormalities and their origin to obtain a better overview of your cash flow. To generate the trial balance: Access the Trial balance. Reports > General accounting reports – Trial balance Select a Fiscal year and a Period. Select the Accounts to consider for the report. The …
Bank reconciliation verifies that the data on your bank statement matches your recorded journal entries. This verification process ensures the accuracy of recorded transactions and makes it possible to identify errors and omissions. Bank reconciliation is not the same concept as matching. Matching makes it possible to combine movements in opposite directions. For example, matching …
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