Sage 300 ERP – Tips, Tricks and Components
In Sage 300 ERP, One tool for estimating and assessing a company’s revenue and expenses is a budgeted income statement, often known as a budget income statement. Many businesses use it as a planning tool when they draft and complete their yearly budgets at the start of the fiscal year. One technique to summarize the… Read More »
In Sage 300 ERP, An explanation of how the company’s realized net revenue is converted into net earnings (profit or loss) is provided by the income statement. Four essential items must be reported in order to do this: revenue, expenses, gains, and losses. Revenue can include Sales, rent revenue, Dividend revenue, Interest revenue, sales return,… Read More »