Your suppliers (and staff) need to know what you are paying

On Wednesday 16th December 2009, the UK Payments Council came to a decision regarding cheque payments, as explained in this press release. It’s important to note that the situation isn’t quite as simple as some places have reported; it’s not just a case of “cheque payments to end by 2018, full stop” – there’s slightly more to it than that; the goal is to phase out cheque payments while encouraging the use of other methods, but there’s a possibility that it might not be feasible to do so, hence the…

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Obtaining a Work in Progress figure from Sage Job Costings

All of the companies I work for on a regular basis use one or another of Sage’s products for accounting purposes, but only one uses Sage Job Costings. As its name suggests, this is a program into which all the company’s costs are input, be that supplier invoices, employee time, etc, and allocated to a particular job, each of which has a unique reference, in order to provide accurate costings on a per job basis. If this program is used fully, it can also be used to generate invoices based…

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