What’s New in Sage 50cloud Accounts v26 2020
Sage 50cloud Accounts is the perfect choice if you want to keep Sage 50 Accounts, but want to benefit from some of the great capabilities the cloud provides.
New – Bank Feeds Enhancements
Additional security layers for Bank Feeds and the Open Banking (PSD2) scheme, which is the EU’s second Payment Service Directive.
New – Sage Drive Improvements
After listening to customer feedback around Sage Drive, Sage have worked hard on the performance enhancements to this service. Users can now Self Serve the process of taking Companies down from Sage Drive. The Sage Drive database has been made smaller for syncing, which means the service should be more stable.
New – Data Corruption Improvements
Self Serve Data Corruption and run fix routines in the software and the LKG (Last Known Good Backup). Depending on the severity of the corruption, Sage 50cloud Accounts will give different paths to follow to get back up and running. If this doesn’t work don’t panic! We offer a Sage 50 & 50cloud Data Repair Service, Click here for more info.
New – Data Conversion Improvements
Data Conversion routines have been enhanced to improve the speed of conversions when upgrading from v25, as well as further enhancements to provide clear progress updates and to guard against the process failing.
New – CIS Reverse Charge for VAT
This is a HMRC Legislative Change, the VAT reverse charge for construction services which now comes into effect from 1 October 2020, it’s been delayed a year from it’s original October 2019 effective date.
New – Making Tax Digital
When submitting a VAT Return following MTD being enabled you are required to enter your HMRC logon credentials each time. This enhancement will enable you to store these credentials to save re-entering for a period of time.
New – Miscellaneous Improvements
In the Report Criteria windows the Default “and” date has been moved forward to 31/12/2050. To guard against printing, allocating, despatching or emailing the entire list of Invoices or Orders accidentally, these Icons on the Sage Toolbar will only become active if you highlight/select a record.
For more information visit Sage’s article Sage 50cloud Accounts Roadmap