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

 

Pro

Premium

Quantum

Improvements for Sage 50

Enhanced security with Gmail

The integration with Gmail has been updated to meet Google’s new security standards.

Yes

Yes

Yes

See other users in multi-user mode

When 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

Sage Drive is now Remote Data Access

New name, same convenient access to your company data from anywhere you have Sage 50 installed.

Yes

Yes

Yes

Reverse Reconciliation

You can now undo Account Reconciliations to correct errors or make adjustments.

Yes

Yes

Yes

Sage ID - a single login to access all your connected services

Sage 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 50

You can now give users remote access to shared companies by including their email address in their user record.

Learn more about adding and managing users.

Yes

Yes

Yes

Multi-user collaboration through remote data access

Sage 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

Government compliance

Payroll tax updates for July 1, 2020

If 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

Improvements or new features in Sage 50cloud
 

Pro

Premium

Quantum

Improvements for Sage 50cloud

Importing timesheets

When 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 enhancement

Administrators can now remove companies shared through Sage Drive from the Management Centre.

Yes

Yes

Yes

Easy access to cloud apps & services

With 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

Allocating income to projects

New 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 update

You asked and we listened! You can now include the employer address on the printed T4.

Yes

Yes

Yes

 

Improved user experience

Budget now on by default for new companies

You 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

Payroll tax updates for January 1, 2020

If 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

Database upgrade

Sage 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

Improvements or new features in Sage 50cloud
 

Pro

Premium

Quantum

Payroll — Remain accurate and compliant

New options for pay periods

For 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 deposit

The Pay Period Starting Date field has been added by default to the forms for paycheques and direct deposit.

Yes

Yes

Yes

 

Improved user experience

Search criteria in Premium Accounting

New 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

Enhancements for copying existing transactions

New 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

Post transactions into a new calendar year

You 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 lists

You can now filter inventory and service items according to their assigned category when you are working in the Update Price Lists window.

 

Yes

Yes

Company logo saved to database

When 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 orders

You 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 Payments

If 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

Improve conciseness and readability of reports

Adjustments 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