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General Flexibility. Sage MMS is flexible throughout. From the main screen of the product - which be configured to show the information most pertinent to each user - to the many configuration options available within each area of the system, Sage MMS is designed to work the way you do. Speed Batch entry facilities in Sage MMS give you the ability to enter large volumes of transactions and choose when to commit them to the ledgers. Additionally, colour-coded alerts let you know if there’s a potential problem – but without stopping your workflow. Multi-user capability. Sage MMS is extremely scalable thanks to its SQL relational database, and able to support many concurrent users - typically up to 50. Foreign currency capability. You can trade with customers and suppliers outside of the UK and in any mixture of currencies. For example, you can produce foreign currency invoices, statements, receipts and payments and you can maintain currency-specific product pricing and discounts. You can specify spot and/or period rates of exchange for each currency, and all changes are recorded along with who made them. All transactions are recorded in base currency with the exchange rate used, so you can closely track the effects of currency fluctuations over time. Management Information. Information is presented graphically throughout the system, to give you quick answers to your questions. A wide range of management reports is available, and the report designer (with which Sage Line 50 customers will already be familiar) allows you to tailor these reports, or create your own. You can also 'pull' information from Sage MMS directly into Microsoft Excel for instant analysis.
Accounts and Finance Nominal cost centre and departmental analysis. You can attribute costs, analyse budgets and produce management reports, e.g. Balance Sheet and Profit and Loss, by department and cost centre. You can also attribute individual transactions by your own analysis codes - for example, to track projects across departments and cost centres. Group budgets make it easy for you to manage your subsidiary companies. Sage MMS includes multi-company consolidated financial reporting and group budgeting capabilities. Open or Closed Period Accounting. You can open, close and re-open periods as required, ledger by ledger; up to 20 periods can be set for each financial year. Access is tightly controlled by individual user permissions and there's a full history of who changed what and when. Trading Periods can be set up to match the accounting periods if required, or have their own date range structure. These date ranges can be set to suit your business - for example, you could measure sales performance on a weekly basis at busy times of the year and monthly at other times.
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