Sage 50 Accounting—Canadian Edition
(Release 2020.2)
This product update covers all product solutions of Sage 50 Accounting (Release 2020.2) and includes the updates from previous releases.
What's new and product improvements
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Pro |
Premium |
Quantum |
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|---|---|---|---|
Improvements for Sage 50 |
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Enhanced security with GmailThe integration with Gmail has been updated to meet Google’s new security standards. |
Yes |
Yes |
Yes |
See other users in multi-user modeWhen working in multi-user mode, you can quickly see who is working with you with a View All Users option under the File menu. |
Yes |
Yes |
Yes |
Improvements for Sage 50cloud |
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Sage Drive is now Remote Data AccessNew name, same convenient access to your company data from anywhere you have Sage 50 installed. |
Yes |
Yes |
Yes |
Reverse ReconciliationYou can now undo Account Reconciliations to correct errors or make adjustments. |
Yes |
Yes |
Yes |
Sage ID - a single login to access all your connected servicesSage ID makes it easier for you to connect your bank, access data remotely, share company data and add customer payment options. |
Yes |
Yes |
Yes |
Manage local and remote users access directly in Sage 50You can now give users remote access to shared companies by including their email address in their user record. |
Yes |
Yes |
Yes |
Multi-user collaboration through remote data accessSage Drive (now called Remote Data Access) now allows you and your accountant or co-workers to access real-time data and work simultaneously within Sage 50 from any location. You can also see who is working with you in the shared data at any time with a View Users menu option. |
Yes |
Yes |
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Government compliance |
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Payroll tax updates for July 1, 2020If you have a support plan that includes payroll tax updates, you benefit from timely and comprehensive in-house payroll processing within Sage 50 Accounting to help you save time and reduce the risk of payroll tax penalties at year-end.1 |
Yes |
Yes |
Yes |
Sage 50 Accounting—Canadian Edition
(Release 2020.1)
This product update covers all product solutions of Sage 50 Accounting (Release 2020.1) and includes the updates from previous releases.
What's new and product improvements
|
Pro |
Premium |
Quantum |
|
|---|---|---|---|
Improvements for Sage 50cloud |
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Importing timesheetsWhen working in payroll, if you track employee hours in a spreadsheet or time-tracking application, you can now easily import those hours and other payroll information2, such as vacation paid, salary, loans, and even Tippable Sales and Tips for Quebec, in addition to project allocation, if any. Use the provided CSV template to simplify importing hours and information the first time. The template shows the required and optional columns and the allowed field formats for less guesswork. The accompanying timesheet reports include detailed, daily summary, or weekly summary. |
Yes |
Yes |
Yes |
Sage Drive enhancementAdministrators can now remove companies shared through Sage Drive from the Management Centre. |
Yes |
Yes |
Yes |
Easy access to cloud apps & servicesWith just a click, you can now access our cloud offerings that are included with Sage 50cloud on the Apps & Services pane. |
Yes |
Yes |
Yes |
Payroll enhancements |
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Allocating income to projectsNew to Pro Accounting and Premium Accounting, you can now allocate salary-type incomes to projects on the basis of hours. |
Yes |
Yes |
Yes |
Printed T4 updateYou asked and we listened! You can now include the employer address on the printed T4. |
Yes |
Yes |
Yes |
Improved user experience |
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Budget now on by default for new companiesYou asked and we listened! When you create a new company, the option Budget revenue and expense accounts is now on and the Budget period frequency is set to Monthly. You can also access the budgeting options through Settings from the Setup menu. |
Yes |
Yes |
Yes |
Government compliance |
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Payroll tax updates for January 1, 2020If you have a support plan that includes payroll tax updates, you benefit from timely and comprehensive in-house payroll processing within Sage 50 Accounting to help you save time and reduce the risk of payroll tax penalties at year-end.3 |
Yes |
Yes |
Yes |
Improved security |
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Database upgradeSage always has your company’s best interest in mind, especially the safety and security of your company data. With this in mind, we have upgraded the Sage 50 database to MySQL 5.7.27. This new technology gives you peace of mind by improving on both. |
Yes |
Yes |
Yes |
Sage 50 Accounting—Canadian Edition
(Release 2020.0)
This product update covers all product solutions of Sage 50 Accounting (Release 2020.0) and includes the updates from previous releases.
What's new and product improvements
|
Pro |
Premium |
Quantum |
|
|---|---|---|---|
Payroll — Remain accurate and compliant |
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New options for pay periodsFor years that have 27 and 53 pay periods, you now have that option in the Employee Records window. You can also update the pay periods in the Setup Guide which you can access at any time under the Setup menu. |
Yes |
Yes |
Yes |
Updated forms for paycheques and direct depositThe Pay Period Starting Date field has been added by default to the forms for paycheques and direct deposit. |
Yes |
Yes |
Yes |
Improved user experience |
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Search criteria in Premium AccountingNew to Sage 50 Premium Accounting, you can look up orders that have been completed. This will allow you to have a more streamlined view of all orders that have been completed at the strike of key. |
Yes |
Yes |
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Enhancements for copying existing transactionsNew to Sage 50 Premium Accounting and previously only available for sales and purchase orders, the copy and create new feature4 has been expanded to include all transaction types in sales and purchases. |
Yes |
Yes |
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Post transactions into a new calendar yearYou can now post transactions, other than for payroll, into the next calendar year (same fiscal year) without having to close the current calendar year first. You can also look up and adjust these transactions at any time. |
Yes |
Yes |
Yes |
New category filter when updating price listsYou can now filter inventory and service items according to their assigned category when you are working in the Update Price Lists window. |
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Yes |
Yes |
Company logo saved to databaseWhen you move your Sage 50 company database to a new computer, you will no longer have to find your company logo and upload it to your company settings. The logo, which can be updated at any time, is now added to the company database. |
Yes |
Yes |
Yes |
Add your company logo to sales quotes and ordersYou can now make a visual impact by including your company logo on the forms for sales quotes and orders. When creating a sales quote or order, you can also add a logo on the fly. |
Yes |
Yes |
Yes |
Enhancement to Invoice PaymentsIf your customer happens to pay an invoice without using the Pay Now button (for example, they pay with a cheque), Sage 50 can now update the link in the email and invoice sent to your customer to show that the invoice has already been paid. This saves you time from having to refund the extra payments, or communicating to your customer about the additional payment. |
Yes |
Yes |
Yes |
Enhancement for reports |
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Improve conciseness and readability of reportsAdjustments are now automatically hidden in the following reports: Customer Sales Detail, Vendor Purchases Detail, Inventory and Services Transaction Detail, and Inventory and Services Sales Detail. At any time, you can click Show Corrections to include any adjustments in a report. |
Yes |
Yes |
Yes |