Pegasus Opera 3 Financials by Applied Business

About Pegasus Opera 3 Financials

Opera 3 helps you manage aged debt, for a realistic revenue forecast by providing average Debtors Day calculation on a per customer basis.

Good financial management is the key to the success of any business, whatever its size. Opera 3 financial management software provides the tools to help your business continually track the business revenue and when it is due. Opera 3 also reminds you who you owe money to and when it has to be paid. You’ll find the visibility of your cash flow invaluable for your profit generation. Opera 3 generates reports from the Financials that can be output directly to MS Excel.

The software applications within Opera 3 Financials include:

  • Sales
  • Purchase
  • Nominal
  • Multi Currency
  • Cashbook
  • Costing
  • EC VAT
  • Fixed Assets

To arrange a consultation call us on 01767 677071 or use the contact form.


Why Pegasus Opera 3 Financials?

Purchase Ledger

Opera 3 helps your business to securely manage all your supplier transactions from start to finish. Your business cash flow is automated to improve comprehensive cheque and BACS payment routines, e-mail remittances (individual or batched), and also the calculation of creditor days.

Opera 3 Purchase ledger gives you dynamic access to all your purchase information across multiple periods and enables you to view the information you need in the manner you choose.

The Opera 3 integrated Purchase Invoice Register allows you to create invoices and credit notes that need to be posted which will remain in the register until they are authorised, giving you greater control over every business document received. Your business’s payment workflow is enhanced though BACS and cheque payment routines combined with e-mail remittance. What’s more, with back-to-back processing to the Fixed Assets application, you can create an asset record when posting an invoice to save re-entering data.

Nominal Ledger

Opera 3 Nominal Ledger includes full analysis of Account, Type, Sub-type, Cost Centre plus two further user-definable levels as standard, giving you instant access and in-depth analysis at transaction level for the past 9 years.

Opera 3 Nominal Ledger provides management information and reports from Financials, Supply Chain and Payroll & HR. You can also apply budgets at all four analysis levels, for current or future periods and years, with full percentage variance analysis and reporting. You can even easily change your year start date and maintain your data integrity throughout.

The Opera 3 Nominal Ledger offers full open period accounting functionality. Business transactions can easily be posted from other applications such as Sales, Purchase, Cashbook, and Payroll into any open period of the last, current or next 3 financial years. Other Opera 3 applications post to the Nominal Ledger by either batch update or real-time data transfer. Even mis-posted nominal journal entries can be reversed and rectified anytime quickly and accurately.

Sales Ledger

The Opera 3 Sales Ledger has built-in credit control facilities so that your customer account information is all at your fingertips. And it makes revenue forecasting easy with the automatic calculation of average debtor days for both individual customers and your entire company alike.

Opera 3 Sales Ledger allows you to e-mail statements, copy invoices and debtors letters from within the system. You can also view your sales information in a way that is meaningful to your business, as Opera 3 offers views that you can customise to your requirements. Opera 3 sales Ledger also caters for multi-currency by handling all your customer profiles and trading terms, as well as invoices, credit notes, receipts, refunds and adjustments.


With Opera 3 Costing you are able to track job costs and revenues against budgets, and even break down costs against a variety of categories including Labour, Contractor, Direct Expense, Stock and Interim Billing.

Group jobs under contract headings or post against option phase, and stay easily in control of your business. Timesheets can be raised for work on jobs that can easily be transferred into Payroll to update employee records.


With Opera 3 Cashbook you can post transactions directly from within Financials, yet the reconciliation function allows you to post unexpected entries, interrogate transactions and save incomplete reconciliations so you can finish them at a later time.

Multi Currency

Opera 3 handles unlimited currencies, exchange rates per transaction type and the calculation and recording of exchange rate fluctuations throughout.


Opera 3 makes short work of defining and maintaining EC Sales Lists (ECL) and Supplementary Declarations (SD)data. The Opera 3 EC Sales List report generates an XML upload file for submission via HMRC website.

If your business uses foreign currency accounts, Opera 3 can generate the appropriate VAT rate codes for EC sales and purchases. EC VAT will then collect the information needed to produce the VAT returns for trading with EU member countries.

Fixed Assets

With Opera 3 Fixed Assets you can easily keep track of your assets from the minute they become part of your company right until you dispose of them. Opera 3 Fixed Assets helps track your asset depreciation rates and maintain the correct net book value for them throughout their life cycle. The Opera 3 software caters for all types of assets, including Finance or Operating Lease and Hire Purchase or Lease Purchase assets. The Opera 3 import routine makes it simple to import existing asset lists from an Excel spreadsheet in bulk.

Landed Costs

Landed costs are the additional costs incurred in getting goods you purchase from your supplier to your premises. The total cost of a landed shipment includes the purchase price of the goods, freight costs, insurance, warehousing and other costs. In some instances, it may include customs duties and other taxes that may be levied on a shipment.

Knowledge of the purchase price and the landed costs is critical in understanding the true value of your stock. You need to know the total cost to set the selling price in order to determine your profit margin.

If you create a Landed Cost Type you don’t have to enter a default Value or Percentage; these fields can be left empty. The values can therefore be entered for these Landed Cost Types when stock is received.

When creating a Landed Cost Type it is also possible to assign a Nominal Account Code. The Nominal Ledger will be updated with these landed costs when transactions are posted against stock items which have landed costs assigned to them.

Working with Applied Business

Applied Business Computers will examine your current business processes in order to make recommendations with the growth and development of your business in mind.

Once we have a template to work with we will install and service a suite of products that will grow with your business for the long-term. Consistently delivering real competitive advantage by reducing the risks and errors that crop up within a business that can cause a breakdown in communication, both internally and externally.

Your clients, customers and consumers will all see vital improvements in the way you operate, deliver and communicate, which can only have a positive impact on your sales and relationships.

Call us now on 01767 677 071, or get in touch using the form.