Prior to release 2013, Sage 50 was called Sage Peachtree. Features that existed in Sage Peachtree will also exist in Sage 50.
The following are some of the new features that have been added or areas that have been updated in Sage 50 First Accounting, Sage 50 Pro Accounting, Sage 50 Complete Accounting, Sage 50 Premium Accounting, and Sage 50 Quantum Accounting.
Account Reconciliation Improvements
Tired of having to change the accounting period when you’re ready to do account reconciliation? You’ll be happy to know that account reconciliation has been changed in Sage 50 so you can reconcile your accounts for a different period than the one you’re in.
This means you don’t have to have other users get out of Sage 50 while you change the period so you can do your monthly account reconciliation. It also reduces the risk of date errors on transactions if you forget to change the period back to the current one after reconciling your accounts or if someone creates transactions while you are reconciling your accounts without realizing that the period is different.
Small improvements have also been made on the Account Reconciliation screen to make the reconciliation process a little smoother.
Expanded Amount Fields
The amount fields on many of the screens in Sage 50 have been expanded. Now you can record amounts exceeding 1 billion. This is especially helpful if you record amounts in currencies other than the U.S. dollar. You can also record amounts using as many as 5 decimal places, instead of only 2. This increases your accuracy for inventory management if you have very small units of inventory.
The expanded amount fields are available on most transaction screens, list views, reports, and forms. However, they are not available for payroll.
Note: The number of decimal places that you can see in the dollar amount fields is determined by your Windows regional setting for Currency.
Form-Saving Check Printing Options
You now have the option to be notified when you are about to print a zero amount check or a multiple page check. This will allow you to print the check or extra pages on blank paper instead of your forms.
This helps you to save money by conserving your pre-printed check forms.
Go to Maintain>Default Information>Check Printing to set up your preferences for this option.
Make Multiple Vendors Inactive
Now there’s a screen where you can make multiple vendors inactive instead of having to do it one vendor at a time.
You can also use this screen to determine which vendors you haven’t used since a certain date (without making them inactive).
To get to this screen:
Go to the Data Maintenance section of the System Navigation Center.
Select Make Records Inactive.
You can also make multiple customers inactive from this screen.
New to Sage 50 Pro Accounting, Sage 50 Complete Accounting, Sage 50 Premium Accounting, and Sage 50 Quantum Accounting
Inventory Analysis Report for Business Intelligence
Sage 50 2013 has a new Business Intelligence Inventory Analysis report. This report is a valuable tool to help you understand your inventory and make decisions.
The Inventory Analysis report gives you costing, quantity, and sales information about your inventory for a selected date range. You can also get valuable analysis information about your items including the top and bottom items based on average cost per unit or number of units sold among other things.
To use the new Inventory Analysis report:
Go to Reports & Forms>Business Intelligence.
Select the Inventory folder.
Select the Inventory Analysis report.
QuickBooks Conversion Improvements
There are some improvements to help you convert from QuickBooks to Sage 50 2013. This includes some changes to the QuickBooks Conversion Wizard as well as “behind-the-scenes” changes to address problems in previous releases.
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