I'm a newbie to this book keeping malarkey and very much a newbie to using Sage! I'd love some support on a few questions i have .. but be gentle with me!
I've recently purchased Sage 50 accounts 2011 and im just setting up our company on it. I'll be using it for managing finances and products / stock. I've also purchased Sage 50 accounts for dummies (I throught the title suited me quite nicely!)
My first hurdle! ... Products / customers
Is it better to input a products retail price as its RRP (net) and then set up a discounting structure for trade pricing? Or is it better to input the retail price as the trade price (net) and over type any direct purchases. 85% of our purchases will be from trade and the rest from customer direct (paying full RRP).
Is there a nice easy way to allocate a trade pricing structure to trade accounts (or customers as sage calls them)? If so how?
The only way i can see at the moment is to individually discount each product for each customer in the product page ... but that is going to take forever!
Any help would be appreciated ... oh and expect more questions to follow
Sorry - can't answer your question - never used products and stock buuut if you've recently bought Sage you'll have Sagecover and Sage should be able to tell you the best way to go about it (maybe?!)
Sue, you should know, Sage will offer him training at their exorbitant prices rather than help under sage cover.
I've used products and stock and personally I'd put the sales price for the product in at RRP and put the discount amount on the individual customer accounts when entering the customer details (presume the discount for a customer is the same for all products, if not you would have to manually change the discount when invoicing).
