Explain The Sage Function Of...

Question 1

Describe the sage function of:

Sales Order Processing (SOP).

Answer 1

Monitors customers sales orders.

• Orders received from customers.
• Stock allocated to customers orders.
• Part deliveries to customers.
• Completed sales orders.
• Outstanding orders.

Question 2

Describe the sage function of:

Products.

Answer 2

Mostly focused on stock related to products.

• Stock records: components, assembled goods.
• Stock balances: quantity, value.
• Stock transfers.
• Adjustment in.
• Adjustment out.
• Stock reports.

Question 3

Describe the sage function of:

Purchase order Processing (POP).

Answer 3

Deals with ordering stock.

• Place order with supplier, quantity, stock requested, supplier name, etc.
• Place items on “on order” status.
• Change status to “delivered”.
• Amend delivery quantity, for example if you only receive 200/300 ordered.
• Update stock and delivery records.
• Order report.

Question 4

Describe the sage function of:

Customers.

Answer 4

Deals with financial transactions regarding customers.

• Invoice for goods and services sent to a company’s customers.
• Credit notes sent to customers for goods returned, pricing errors, etc.
• Money received from a company’s customers.
• Adjustment to the sales ledger: write off bad debts, mis-posting etc.

Question 5

Describe the sage function of:

Suppliers.

Answer 5

Deals with financial transactions regarding suppliers.

• Invoices for goods and services received from a company’s suppliers.
• Credit notes received from a company’s suppliers for goods returned, pricing errors, etc.
• Adjustment to a company’s purchase ledger for mis-posting, etc.

Question 6

Describe the sage function of:

Invoicing.

Answer 6

Deals with all the invoice related work.

• Invoices from SOP data transferred to invoicing.
• “One off” invoices from data entered into invoicing.
• Credit notes from data entered into invoicing.

Question 7

Describe the sage function of:

Bank.

Answer 7

Deals with receipts/payments mainly.

• Customer receipts.
• Supplier payments.
• Non-Customer receipts: dividends, interest, etc.
• Non-Supplier payments: salaries, travel expenses, etc.

Question 8

Describe the sage function of:

Nominal.

Answer 8

Deals with basically all financially information that is documented.

-Journal entries: period-end adjustments, corrections, etc.

Question 9

Describe the sage function of:

Financials.

Answer 9

-Produces the financial statements (profit and loss account, balance sheet( and other financial reports.