Sage MMS

Sage MMS - Features

Sage MMS modules specifications

Financial Modules

• Nominal Ledger - is the core of the financial system. It allows you to set up your chart of accounts and updates the accounts for all revenue and expenditure, assets and liabilities, accumulating the information from the other Sage MMS modules. The reporting facilities within the Nominal Ledger then provide a comprehensive series of management reports, through trial balance to the profit and loss statement and balance sheet.
  
  
• Sales Ledger - allows you to set up and maintain details of your customers, record and monitor your transactions with them and control their debts. It handles foreign currency accounts and Vat requirements for the UK and the EU.
  
  
• Purchase Ledger - allows you to set up and maintain details of your suppliers, record and monitor your transactions with them and control your debts. It handles foreign currency accounts and Vat requirements for the UK and the EU.
  
  
• Cash Book - this is where you can keep track of monies in your bank accounts and petty cash account. You can record all monetary transactions using this module, or it will automatically receive postings from the Sales, Purchase and Nominal Ledgers if monetary transactions are carried out there. It has functions to handle foreign currency dealing, allows you to set up direct debits and standing orders and to reconcile your bank statements.