Sage 50 Intelligence Reporting

Sage 50 Intelligence Reporting

Intelligence reports are common terms for standard intelligence reports. These are the standard reports developed for Sage 50 Intelligence Reporting. These reports will be seen in Microsoft Excel. Once in Excel, you can simply filter these reports and add extra fields to acquire the exact information you want.

Important To use Sage 50 Intelligence Reporting, you must have Microsoft Excel 2007 or later. The initial standard reports that are available are listed below. Product upgrades may provide you with more standard reports that are not included here.

Dashboard

Dashboard Analysis:

This report includes a profit and loss summary, the top five costs, the top five customers, the top five products, and the bottom five items. There is a graphical summary of your top 5 spending, customers, and goods. You may dive down to discover more about a certain client or item (see the Instructions tab when you have the report open in Excel to learn more about this).

Inventory

Inventory Analysis:

This report provides cost, quantity, and sales statistics for your inventory over a specified time period. The report may be filtered by Location and Item Class. Sorting options include Item Type, Item ID, and Stocking U/M. You may also obtain useful analysis information about your products, such as the top and bottom goods based on average cost per unit or number of units sold, among other things. There is also an Inventory Statistics page, which provides vital year-to-date data. This report is a useful tool for understanding your inventory and making choices.

Also Read: Sage 50Cloud Accounting Release 2022.0

Purchase Analysis

Purchase Analysis:

This report provides extensive information from all of your Accounts Payable transactions (Purchase Orders, Purchases, Payments, and Vendor Credit Memos). The report may be filtered in a variety of ways, including by Transaction Type, Vendor, and Item. You may obtain useful analysis information about your purchases, such as the amount purchased and the amount spent. You may also add fields to this report if you want to view additional information.

Sales

Sales Analysis:

This report provides thorough information from all of your Accounts Receivable transactions (Quotes, Sales Orders, Proposals, Sales Invoices, Receipts, and Credit Memos). The report may be filtered in a variety of ways, including by Transaction Type, Customer, and Item. You may obtain vital sales analysis statistics such as cost, gross profit, and gross margin. You may also add fields to this report if you want to view additional information.

Financial

Actual Vs Prior – Balance Sheet:

This balance sheet compares current year sums to past year amounts by quarter.

Actual Vs Budget – Income Statement:

This income statement compares actual, budgeted, and prior year amounts by month and year-to-date.

Actual vs Prior – Income Statement:

This income statement compares actual and prior year numbers by period and year-to-date.

Current Period vs YTD – Income Statement:

This income statement compares current period actual amounts to year-to-date actual numbers and preceding year-to-date amounts.

Financial Reports (all):

This option allows you to view multiple financial reports in the same worksheet. When you choose this report, an Excel workbook with a menu page will open. This menu page provides access to a variety of financial reports that you may see and change. The workbook has an Instructions tab that might assist you in understanding and using the workbook to obtain the financial information you want.

Actual Vs Prior, Income Statement –

The Balance Sheet: Actual vs Budget, Income Statement – Actual vs Prior, and Income Statement – Selected Period vs YTD are all part of this collection of reports. With the exception of the final Income Statement, these are the identical reports that are mentioned individually above. The Income Statement – Current Period vs YTD workbook does not include the Income Statement – Current Period vs YTD. There is instead an Income Statement – Selected Period versus YTD. The end-of-the-year timeframe was chosen for this report. After you run the report in Excel, you may alter this timeframe (see the Instructions tab of the workbook for assistance).

Financial Reports Designer:

This is a report designer component in Intelligence Reporting that allows you to create your own financial statements. (A version of Microsoft Excel 2007 or later is required.)

Conclusion

In the above article, we have shown you the Intelligence reports of sage 50. For more queries, you can talk to our sage help desk team. They will solve the problem as soon as possible.

FAQ’s

What Defines Intelligence Reporting?

Intelligence Reporting generates a report in Excel with rich filtering tools, data containers, and pivot tables for you to modify. You may utilize the Report Manager to produce new reports, which eliminates the need to alter the report in Excel each time it is run.

Additional add-on components enable you to construct your own data containers and integrate data from several databases in the same report.