NEW FEATURES OF SAGE 100 ERP 2017
Released in late October, Sage 100 2017 introduces the ability to collect customer payments using ACH, enhanced credit card verification for corporate purchases, improved lookup and search features, and a collection of other updates throughout the software. Here’s a look at what’s new.
Customer Payment Processing: You can now offer your customers the ability to pay invoices electronically using new ACH (Automated Clearing House) payment processing in A/R Invoice Data Entry, Cash Receipts Entry, Repetitive Invoice Entry, Sales Order Entry, and S/O Invoice Data Entry. Not only does ACH improve cash flow through faster and more immediate payment processing, it also eliminates fees associated with credit card payments. In addition, customers that pay by credit card will be happy to learn that Sage 100 2017 also delivers enhanced verification for corporate cards and purchase cards, adding extra security and peace of mind.
Improved Lookups and Searches: With enhanced auto‐complete, your search criteria is compared with all words within the searched fields, not just the beginning of the text as it functioned in previous versions. As an example, if you have a customer named Allen’s Appliance Repair and a customer named Appliance Services, typing “Appl” in the Customer No. field results in a list that includes both customers. In addition, a Full Text option has been added to the Search list in Lookup windows. With this option, your search criteria is compared with the data in all columns available in the Lookup window. Lastly, you can now search for fields that do not contain a value (empty fields) in Lookup windows. After selecting a field from the Search list, select Is Empty from the operand list, then click Find.
Sage Intelligence: new downloadable templates increase reporting flexibility.
User Experience: improvements to reporting fonts, easier file‐based navigation, and ribbon‐style search capabilities all combine to make Sage 100 2017 easier to use than ever.
YEAR END CLOSING
3 THINGS TO NOTE BEFORE CLOSING THE BOOKS
1. Backup Your Data: Executing a complete backup of your database is one of the most important things you can do before starting any closing process. You should also test the backup to ensure it was performed successfully and the data is readable. If you make a mistake, the only way to “reverse” year-end processing is to restore data from a backup.
2. Follow the Module Closing Order: A year end process in one module often writes data to another related module. Therefore, closing modules in the proper sequence is extremely important in order to avoid unexpected results or damage to your data. Start closing modules at the bottom of the module list and move your way up to finally close the last module, the General Ledger.
3. Get Help When Needed! Be sure to Contact Us if you have any questions before, during, or after you start year end processing. Especially if you have customizations or 3rd party add‐on products that are integrated with Sage 100, we can help you plan a closing process for your specific system/installation.
Tips for a Successful Year End
1. General Ledger Closing ‐ While it’s a good idea to close modules in a timely fashion, the General Ledger can remain open for as long as you need while awaiting final processing (or audit adjustments) in other modules. A GL that’s still open for 2016 will NOT prevent you from entering transactions for the new year.
2. Payroll Planning ‐ Even if your company is on a fiscal year, you’ll need to close out payroll at the end of the calendar year.
3. Master Console ‐ Once you’re actually ready to close, you need to make sure all users are out of the system. That’s where the Master Console comes in handy. This utility provides a snapshot of all users currently logged into Sage 100, the workstation being used, what programs/tasks they are using, the activity date, and more. From this screen, you can also broadcast a message to all users or even shut them down remotely.
YEAR END FAQ’S
For General Ledger & Reporting
Can I print financial statements for the NEXT fiscal year PRIOR to performing year end processing?
After year end processing, can I delete accounts that will no longer be used in the new fiscal year and still run comparison statements?
Can I open a closed fiscal year to make General Ledger postings/adjustments?
Can I process year end in General Ledger before I’m finished with the other modules?
SAGE 100c MAY SOON BE THE ONLY OPTION
Sage announced earlier this year and recently reiterated that effective January 1, 2017, Sage 100c (the new premium version of the product) will be the only Sage 100 offering available to new customers and certain existing customers.
What is Sage 100c?
So What’s Changing?
What About CURRENT Sage 100 On‐plan Customers?
QUESTIONS? Get in touch and we’ll help you determine whether this change affects your particular situation or current software license.