Change in Bank Base Rates
With a change in he bank base rate it is is necessary to change the customer finance rates in the Sage Accounting Software.
Open Sage as normal and then select “Settings” and “Configuration”.
Then Select the “Terms” tab.
Then click on “Add”.
Enter the date of the change, the Base Rate percentage and the additional percentage charged (Normally 8%),
Click on “OK” and then “Apply”, followed by “Close”.