I need to be able to use some form of decent forcasting tool so i can plan the future financials for our business. At the moment i have created an excel spreadsheet with actuals and forcast.
What I woulds like is to be able to do this in one central location IE Sage 50 accounts and export a report to give me the data i need. In this way i do not have to reinput data(less human error).
Is there a clever way of doing this within Sage 50 Accounts or do i need something like Sage 50 Forcasting?
I don't think that Sage on it's own does any decent forecasting having said that I didn't get on very well with the actual Sage 50 Forecasting either and I really like Sage. I actually do my forecasting in Excel and it works quite well for me.
Sorry if this isn't want you wanted to hear but I would say Excel is still your best bet.
Excel is good for this and if you have it set up right it will work ok.
However, depending on which version of sage you have, I use sage 50 accounts 2010 v16, it does have quite a handing budgeting option which can allow some form of forecasting if you put the time into it. It also has some handy reports giving a monthly and cumulative picture of how the business is actually doing compared to the budgeted figures.