The information you enter, compute, and track is called data. In Sage 50, your data takes two basic forms:
- Maintenance data--information about your customers, vendors, employees, inventory items, and jobs
- Task data--the daily transactions of your business (invoices, receipts, purchases, payments, paychecks, and so on.)
When you convert from a manual system to Sage 50, much of the initial work is gathering and entering your Maintenance data. You need to also enter some Task data: all outstanding invoices and purchases, and payroll data if you want to track it.