If your organization uses Sage for your accounting needs, Syft is the perfect complement to improve your advisory and reporting processes.
Syft and Sage Accounting
Syft Analytics seamlessly integrates with Sage Accounting and Sage Business Cloud Accounting and transforms your accounting data into financial reports and insights. The Syft and Sage Accounting integration unlocks all functionality available in Syft including reports, visualizations, consolidations, forecasts, budgets, valuations and benchmarks.
How to connect a Sage entity to Syft
To connect your Sage entity to Syft follow the step-by-step guide:
Click "Add entity" at the top right of your screen.
You will now be redirected to our add entity setup page where you can click on “Sage Accounting” under the "Accounting" category.
You will then be redirected to the page below where you will be prompted to select the country the organization is based in.
Syft will redirect you to a login page where you will be prompted to fill in your Sage details. Click “Link account” once your details are complete.
Click “Complete Setup”.
Your Sage entity is now connected to Syft Analytics. You can now make use of all of the features available on Syft for your Sage entity.
Additional information
Shared data
Sage Accounting shares the following data with Syft:
Accounts
Contacts
Invoices
Journals
Bank transactions
Available Countries
The Sage Accounting integration is available for the following Sage Accounting regions:
Australia
Canada
South Africa
United States
Ireland
Germany
Spain
France
Malaysia
United Arab Emirates
United Kingdom (click here to learn more about how to connect Sage Business Cloud Accounting UK to Syft)
Unrealized and Realized Currency Gains
Due to the timing of multi-currency transactions in a single entity, realized and unrealized transactions are classified. The split between what is classified as realized and unrealized currency gains will be different on Syft compared to what is on Sage.
This is due to the difference in timing of when Syft fetches the data from Sage and the timing of when Sage calculates the value. However, the sum of the accounts will be correct. So it's simply the split between what is realized and unrealized that will differ.
Refreshes
Data in Sage entities is refreshed every 24 hours. If any changes are made to the data in a period more than 12 months ago, you will need to reconnect the entity to Syft. This can be done by clicking "Add entity" and proceeding with Sage. This will reload all data within the entity.