Sage 50 - Create a New Company.

Sage 50 - Create a New Company.

Create a new company

Following these steps creates a new company from scratch. (Please refer to the bottom section of this article for Remote Data Access).

  1. On the Company Selection window, click Add Company.

     TIP: Alternatively if you're already logged into an existing company, click File, click New, then click Company. If prompted, enter your Password and click OK.

  2. Click Create then if required, to change where the new company creates the files, click Change or Browse, browse to the required location and click OK.

    This is where company’s data files will be stored.
         

       3. Click Continue, then if you use a multi-user version, you'll see the Network sharing screen, click Next.
      

     4.  Run through and complete the details in the Add a Company window. Start with your Company details and finish with the Sum                     

       

 TIP: When entering VAT details, you must enter the standard VAT rate. This is currently 20% for the UK, even if you're not VAT registered.

     5. Once you have completed details these, click Create.

     6. Enter your logon details then click OK.

      NOTE: By default your logon name is MANAGER.

Connect to data remotely
  1. Click File then click Open and Open Company Data.
  2. Click Add Company and click Download then click Continue.
  3. Enter your Sage Account email address and password, then click Sign In.
  4. If prompted, enter the Captcha text then click Continue.
  5. Select the company data you want to connect to, then click Next.
  6. Enter the encryption password for the shared data, click Connect then log in to the company
       NOTE: If you aren't the data owner, the person who invited you to access their data should supply you with the encryption password. If you can't see the company listed, the data owner has not given you                                 access.