I had to do the same for a firm with 150+ branches, we ended up having a sage company per branch and wrote an excel spreadsheet which pulled all the information together for managment purposes.
-- Edited by Paul on Friday 3rd of August 2012 06:55:31 AM
I have been using sage line 50 v12 long time. now I am working for some people who wants me to do branch accounting as well because they 4 branches in other city and I do not know how to do branch accounting in sage could anybody help in this matter
I don't use Sage. (I can but I don't) so my answer is somewhat limited.
My understanding was though that you need Sage 200 rather than Sage 50 for cost centres which is what you are trying to achieve.
Alternatively you should be able to set the branches up as departments using Sage 50.
The latter option is not quite what you were aiming for but it should suffice... Although I'll let others more proficient with Sage tell me that I'm wrong and that there's a whole better way of achieving what you go trying to.
kind regards,
Shaun.
__________________
Shaun
Responses are not meant as a substitute for professional advice. Answers are intended as outline only the advice of a qualified professional with access to all relevant information should be sought before acting on any response given.
I don't use Sage. (I can but I don't) so my answer is somewhat limited.
My understanding was though that you need Sage 200 rather than Sage 50 for cost centres which is what you are trying to achieve.
Alternatively you should be able to set the branches up as departments using Sage 50.
The latter option is not quite what you were aiming for but it should suffice... Although I'll let others more proficient with Sage tell me that I'm wrong and that there's a whole better way of achieving what you go trying to.
kind regards,
Shaun.
Hi Murshad
Shaun is correct in saying that departments within Sage should be specific for your requirements
Using Sage 50 I do the books for an estate agent with multiple branches and a sporting centre with multiple departments and use the Sage departments option for both of them
To set the departments up you would need to go to Company and then in the Links menu there is an option called Departments so you can go into here and set up as many departments that you need, well up to 999 anyway.
Within here it also give you the option to run P&L's, Balance Sheets & other reports for the departments
thanks for reply but I want to know that what will be the treatment in branch accounting I can open many branches but how I will post entries among them can you define this in details thanks again
I know that you have directed your reply more toward Shaun but if I may offer my help
Whenever you make an entry of sales invoice, purchase invoice, bank payment or bank receipt using the batch posting facility, there is an option to enter the department immediately after the nominal code is entered if you are using departments
