Sage 50 Accounting—U.S. Edition
(Release 2021.1)

This product update covers all product solutions of Sage 50 Accounting (Release 2021.1) and includes the updates from previous releases.

What's new and product improvements

 

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Quantum

Improvements for Sage 50

Expansion of Pay Types

With this release, you can now set up an unlimited number of Pay Types for both hourly and salaried employees. The expansion of Pay Types will also help firms who must accommodate tracking of the COVID-19 Families First Coronavirus Response Act (FFCRA) compensation. We released guidance to use an additional 3 Pay Type fields to accommodate tracking of this information so it can be traced and included in the employers Form 941 quarterly filings.

Although you can set up an unlimited number of Pay Types, employees can only have 20 Pay Types per pay period or paycheck.

Important! We have changed how Salary Pay Types display on paychecks when you are entering payroll amounts. Pay types set up for an employee must have an amount OR you must clear the Use Default check box for a pay type you want to appear when you are creating paychecks. We recommend reviewing in the Payroll Entry Window each employee set up for a Salary Pay Type to ensure the pay types display correctly. If the pay types are not displaying, open the Maintain Employees/Sales Reps window and select the Pay Info tab. Clear the Use Default check box for any Salary Pay Type you want to display when entering payroll amounts.

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Government compliance

The FFCRA and Form 941 Reporting

To help you comply with financial reporting, you can easily extract the amounts paid for Sick and Family Leave allowed under the FFCRA and include them on the quarterly Form 941 filing.

In the Reports & Forms module, if you select Form 941 under Payroll Tax Forms, you receive a prompt asking if any employees received paid sick or family and medical leave as defined in the FFCRA. If you select Yes, you then have to select the Pay Level names used for Sick and Family Leave. The associated amounts are extracted and placed on lines 5a (i) and 5a (ii).

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Sage 50 Accounting—U.S. Edition
(Release 2021.0)

This product update covers all product solutions of Sage 50 Accounting (Release 2021.0) 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.

Sage ensures strict compliance and security standards for our customers using Gmail as their email application.

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Sage Drive is now Remote Data Access

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

The new name removes confusion around its capabilities so you can focus on your business. With Remote Data Access, you can

  • Stay productive, at home or on-the-go.
  • Collaborate on your books with a colleague or your CPA.
  • Avoid data loss with risky transfer services or storing your data to a USB.

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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.

Sage ID is a single login that lets you securely access the connected services available with Sage 50cloud subscription. With your Sage ID, you have secure authentication to connected services without the need to enter emails and passwords for individual connected services – such as Remote Data Access, Bank Feeds, or Invoice Payments.

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Memorized Purchase Invoices

You can now create a memorized transaction for Purchase Invoices/Bills.

Save time and reduce repetitive data entry tasks with memorized transactions that now include Purchase Invoices. Enter and save common transactions and use them repeatedly.

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Improved user experience

New mouseover text for fields provides extra information

In transaction windows with Item and Job fields, you can hover your mouse over the field to view the entire Item or Job ID as well as any Assemblies/Phase and Cost Codes associated with the Item or Job ID.

Using this neat feature, you can hover over Item or Job ID fields to see the details in a popup rather than having to open each transaction just to be able to see the details.

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Ship To Name for Customer Lists

The Ship To Name now appears on the Customer Management tab for Sales Invoices, Sales Orders, Quotes, Item Sales History by Customer, and Proposals.

Having the Ship to Name adds convenience and makes it easy to filter or group invoices, orders, quotes, or proposals by Ship to Name.

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AutoEntry

AutoEntry makes it easy for accountants, bookkeepers, and business owners eliminate manual data entry tasks, such as expenses, invoices, payments, bills, receipts, and bank statements. Using the Sage 50cloud integration with AutoEntry, customers can:

  • Automate manual data entry to save time and eliminate stressful deadlines
  • Improve data accuracy while capturing full line items such as unit price, description, and quantity
  • Reduce time spent on data entry tasks

AutoEntry helps more than 3000 accountants service 150,000 businesses with automated data entry.

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