Sage X3 Finance & Accounting

Calculates standard, revised, budgeted, and simulated product costs from routing and BOM data, and updates deferred cost calculations.

Handles the entry and management of accounting journals, including batches, commitments, and transactions between related companies.

Groups the tools for entering, posting, and automating customer and supplier invoices, including intercompany, recurring, and prepayment invoice types.

Covers electronic invoice setup, sending, and receiving, including XML mapping and inbound invoice collection.

Covers defining entities, projects, budget envelopes, and budget lines, plus inquiring on budget positions and cancelling or closing budgets.

Covers the core fixed asset records, including expenses, assets, depreciation plans, renewal provisions, and production plans used to build and depreciate company assets.

Calculates and reviews the actual cost of work orders, comparing planned versus actual figures and finalizing WIP valuation.

Provides read-only views into general ledger balances, accounts, dimensions, entries, and bad debts.

Covers open item tracking and editing, statement creation, customer credit holds, prepayment allocations, cash forecasting, reminder campaigns, net settlement, and interest note generation.

Covers synchronizing data and document status with Sage Network, plus AP automation for processing incoming supplier documents.

Covers submitting, approving, rejecting, listing, and cancelling approval requests for budget envelopes, budgets, and budget lines.

Groups the operational processing applied to fixed assets after creation, covering context status checks, depreciation runs, physical and accounting movements, and VAT adjustments.

Covers the payment cycle from proposals and manual entry through notes payable/receivable posting, bank allocation and deposit, positive pay files, due date extensions, and doubtful receipt tracking.

Calculates and reviews expected, provisional, and actual costs for subcontracted production orders.

Pairs related accounting entries, such as an invoice and its payment, to simplify balance analysis, whether matched manually, automatically, or reversed.

Covers VAT and sales tax setup, calculation, and declaration tools, both a general process set and country-specific requirements for Austria, Belgium, Germany, Italy, Portugal, Spain, the United States, Australia, the United Arab Emirates, Saudi Arabia, Bahrain, Switzerland, the United Kingdom, France, and South Africa.

Covers requesting, approving or rejecting, and listing reviews of budgeted amounts for approved envelopes, budgets, and budget lines.

Covers the physical elements attached to fixed assets, including location transfers and mass issue processing.

Groups shared reference tables — countries, currencies, languages, units of measure, postal codes, and tax setup — that underpin data entry across the system.

Compares projected and historical costs across products and sites to track cost performance over time.

Runs the day-to-day accounting processes that finalize, post, simulate, reverse, and generate journal entries across ledgers.

Groups automatic and manual bank remittance creation, intermediate posting, and electronic remittance file generation for payment transactions requiring a deposit step.

Covers fee and withholding declarations, with general TDS file parameters plus country-specific processes for France, Belgium, and the United States.

Covers renewing annual envelopes and carrying forward commitments and multi-annual envelope balances into the next fiscal year.

Covers how fixed assets are financed, including lease contracts and subsidies.

Values production work-in-progress and posts it to the accounting ledger.

Runs the month-end and year-end close, generating accrual entries, currency variances, revenue recognition, and fiscal year-end postings.

Covers paying bank notice generation and entry, bill of exchange import, and manual or automatic reconciliation of notes payable/receivable with the issuing bank.

Covers Intrastat statistical setup and file generation, with country-specific processing for Spain and Portugal.

Covers concession contracts and the assets held under them, including renewal processing.

Creates, adjusts, copies, and reports on financial budgets across accounts and analytical dimensions.

Covers bank statement entry, import, deletion, and reconciliation, plus single-entry matching, country-specific extensions for Belgium and Switzerland, a cashbook, and advanced bank statement processing.

Covers the payment balance declaration, a regulatory filing that tracks payment balances.

Manages the transfer or sale of fixed assets between companies in the same group, from operation setup through issue confirmation.

Covers customer invoicing across every trigger: direct-invoice orders, service contracts, service requests, invoicing schedules, shipments, and intercompany transfers, along with validation and prepayment issuance.

Extracts financial data for reporting, consolidation, and cash flow analysis.

Provides read-only views into customer and supplier balances, aged balances, payments, invoices, bank activity, banking position, and interest notes for tracking and risk assessment.

Covers statutory audit file exports and interfaces for France, Germany, Portugal, and the United Arab Emirates.

Provides inquiry views for depreciation simulation results and journal traceability of fixed asset documents.

Exchanges data with other Sage products and third-party tools, covering treasury, cash management, consolidation, tax, and payroll integrations.

Covers assigning receivables to a factoring company and managing the resulting receipts, including generation, cancellation, posting, file export, and payment notification.

Covers print formats for tax management and fees declaration reports.

Provides maintenance utilities for fixed assets, covering recalculation, synchronization, mass recoding, data recovery, and depreciation plan cleanup.

Groups the reference tables for general and analytical accounting setup, including account structures, dimensions, fiscal years, and period management.

Handles supplier invoice and credit memo entry, reconciliation against orders and receipts, and the validation that posts them to accounting.

Provides administrative tools for resynchronizing balances, closing periods and fiscal years, and adding new ledgers.

Covers entering, posting, and paying employee expense notes.

Provides reporting and lookup views across the sales cycle, covering quotes, orders, deliveries, invoices, returns, allocations, and picking and parcel detail.

Groups the reference tables for business-partner-related accounting setup, covering bank accounts, petty cash, currency groups, and economic reason codes for regulatory declarations.

Provides maintenance tools for sales data, including resynchronizing customer credit balances, calculating sales commissions, and initializing tax codes for Sage Sales Tax.

Groups the reference tables for fixed asset setup, covering account groups, section associations, revaluation indices, buildings, and locations.

Provides reporting and lookup views across the purchasing cycle, covering requests, subcontract activity, receipts, invoices, orders, returns, and shipments.

Runs periodic stock maintenance: valuation and cost adjustments, purging old data, resolving shortages, validating stock history periods, and calculating ABC classes.

Provides maintenance tools for purchasing data, including resynchronizing supplier balances, recovering commitments, and checking inter-site contract consistency.

Covers core product master data, including categories, site- and warehouse-specific settings, versioning, and standard cost records.

Provides maintenance tools for stock data, including valuation adjustments, put-away and reorder recovery, location and serial number resynchronization, and transaction consistency checks.

Covers manufacturing cost setup, including costing dimensions and the overhead categories and codes used in cost calculations.