Be in the Know: Three Notable Sage Updates
Version 2020.2 of Sage 300 is now available.Along with that comes a series of updates and enhancements that Sage users will want to know about. Here is a look at what’s new.
1. New Electronic Bank Feeds
With the new Bank Feeds functionality, you can easily connect Sage 300 electronically with your bank to download transactions. Not only will you save tons of time and reduce potential errors, but Bank Feeds will also simplify your bank reconciliation process and ensure your accounts are up to date. Simply download transactions from your bank and match them up with your existing data in Sage 300. Sage 300 bank feeds include support for over 10,000 financial institutions in the U.S. and Canada.
2. Sage 300cloud Web Screen Improvements
Product Update 2 includes enhancements to the following web screens in Sage 300cloud:
If you use Sage 300 to manage multiple companies, you can assign a unique color to each company to make it easier to see which company’s information you are viewing and avoid data entry errors. Previously, company colors appeared only in classic screens.
Long Comments for Order Details
For order details on the O/E Order Entry screen, you can now enter information in the Comments/Instructions field in a box instead of a table. This allows you to enter long comments without splitting them into multiple rows in a table.
Specify BOM Numbers on Order Details
On the O/E Order Entry screen, when entering an order detail for a Bill of Material (BOM), you can now specify a BOM number in the Kit/BOM field.
3. Other Notable Enhancements
General Ledger in now integrated with Tax Services so you can enter tax amounts in G/L journal entries. The tax amounts are posted to Tax Services, so they appear in the Tax Tracking report. In addition, you can now print Canadian T5018 (CPRS) forms on plain paper. Previously, you could only print to official CPRS forms.
Check out the Sage 300 2020.2 Release Notes for more detail.
Reach out to us today to find out how you can make the move to the cloud! Contact us online or call 410.685.5512.
About Sharon Paul
Helping clients use technology to solve tough business issues is what drives Sharon. If she can save a business valuable time by automating a procedure or process, or help them use technology to produce useful information for decision-making, then Sharon feels that she’s done her job. Sharon specializes in NetSuite, Microsoft Dynamics GP and Sage 300Cloud ERP systems. In her spare time, she loves to cook and will gladly swap recipes with you.