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Sage 200 UKI Ideas Portal
Status Idea Accepted - Gauging Support
Created by Marek Tonderys
Created on Nov 21, 2023
Merged idea
This idea has been merged into another idea. To comment or vote on this idea, please visit S200UK-I-734 Additional Control Ledger Nominal Accounts for Sales/Purchase Ledger..

Can the Purchase ledger and all related functions of the purchase ledger be duplicated and renamed, also linking to it's own control account i.e. LA = Leasing agreements Merged

We have numerous leasing agreements across all department, cost centres and managing these agreement via an external software. As we need to report leasing cost separately in the P&L, if each lease agreement was captured as it own account ledger (AP now LA), each leasing agreement can be independent managed, reported etc. and as it has it's own nominal account, and will be audited accordingly. This will allow accurate reporting in the nominals, on the true cost of leasing per item and also shown all the indirect hidden cost of leasing equipment.

Idea Benefit Being able to split the leasing cost from direct running cost of owned assets. You should be able to determine in future to chose between leasing or ownership costs
How do you solve for this problem today? Running multiple version in an external software, which Sage holds the original data, but cannot be easily separated data in Sage reports.
  • Marek Tonderys
    Reply
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    Nov 23, 2023

    When you have multiple trading subsidiary, it is best to produce a single set of accounts for a company as a stand alone entity, thus you are able to determine it's return on investment.

  • Geoff Turner
    Reply
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    Nov 23, 2023

    Couldn't you use a subsidiary company that consolidates into the main company?