Sicon Contracts
  • Sicon Contracts is an additional module for Sage 200, designed to control periodic invoicing and the management and reconciliation of the deferred income and cost postings.

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Sicon Contracts

Sicon Contracts is an additional module for Sage 200, designed to control periodic invoicing and the management and reconciliation of the deferred income and cost postings.

Optional integration to costing packages can provide profitability on contracts. This module is operated entirely within the Sage 200 environment.

Contracts can be manually entered or created from the posting of sales orders with contract items included.

Why would you need the Sicon Contracts Module?

  • To manage the costs and automated periodic billing associated with any type of contract or optionally with a job or project
  • This module provides a solution to the problem of contract management and measurement of profitability per month or for the life of the contract.
Sicon Contracts

Contract Reconciliation

Sicon Contracts – Detailed Description

  • Installed and maintained within Sage 200.
  • Available to all users and within all Sage Companies at no extra cost.
  • Manage the renewal reminders and invoice processing of recurring contracts.
  • Invoicing periods can be set to any divisible duration of the contract, e.g. monthly, quarterly, annually.
  • Each sales order and invoice includes the period of cover (from and to dates) clearly defining the billing duration.
  • Manage deferred income and costs and the associated monthly nominal postings from balance sheets to profit and loss.
  • Process contract amendments to generate invoices or credits to adjust the contracts mid term.
  • Setup renewal pricing and changes ahead of the renewal process to allow printing of the reminders with new details.
  •  Sage 200 report designer based amendable layouts and reports are available for contract reminders and contract analysis.

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