Sage line 50 - Consolidation (again!)
Posted on 2010-11-08
Firstly, apologies if it seems that I have asked this question before.
I need to produce accounts for 5 different companies and also a consolidated group set of accounts.
Apparently Sage line 50 will do this for me.
However, when I visit the Sage website it could not find a mention of nominal ledger consolidation in Line 50. (Altho' it does give the option of buying a multi-company licence).
Sage promote Line 200 as a consolidation package (far more expensive!!).
(Conspiracy theory ... they would prefer you to buy line 200 and undersell the functionality of line 50)
I guess my question is:
1. Can Sage 50 provide individual and group accounts. Similarly I would expect to be able to product Balance Sheets (etc) for an individual company or a consolidated view.
2. Is my conspiracy theory right?
Thank you and good night!