Coreloops posts your purchase and sales documents straight into Sage 50, with each account code mapped to its Sage 50 nominal code, so project cost reporting and the ledger agree.
Forcing job detail into the chart of accounts loses the detail you needed it for.
It isn't a cloud ledger, so most tools either ignore it or export a file at you.
The tax codes exist in Sage, but only if what you post carries the right one.
Each Coreloops account code maps to a Sage 50 nominal code, so every document lands in the right place in the ledger without rekeying.
Sage 50 carries T20, T21 and T26 for domestic and CIS reverse charge, so VAT treatment is a tax code mapping rather than a workaround.
Purchase invoices and credits, sales invoices and credits, purchase orders and payments, posted to Sage 50 when you choose to post them.
The commercial layer sits above it, the ledger doesn't move.
Account codes in Coreloops, nominal codes in Sage 50.
Reverse charge applied where Sage expects it.
How contractors are taking control of their costs and contracts with Coreloops.
We had CEs there with our approval attached to it. There was no way for the client to dispute it.
Samuel Maddison
Director, Project Safe
We'll learn about your current setup and show you how Coreloops could integrate with Sage 50 and give you accurate project cost reporting.
