Thursday, 19 February 2009

Sage 50 2009

The latest Sage 50 version (Sage 50 2009) was released in the latter part of last year and has brought an improvement in two areas that may have been a source of user frustration in previous versions. The new version:
  • Makes it easier to fix basic mistakes
  • Includes an improved bank reconciliation system.

The Correction option is reached via the File-Maintenance menu, which includes an Error Checking routine and the option to correct errors.

When you open the Bank Reconciliation routine an enter a statement date, all the unmatched transactions up to that date are displayed in the upper half of the screen. The previous balance appears in the lower window and as you reconcile each statement entry, it moves to the bottom window. Up and down arrows allow you to move the transactions around to match the bank statement order and you can group several transactions into one item (or ungroup them later). By changing the period dates, you can also go back and do a retrospective bank rec. The application also has an e-Reconcile option that can download electronic bank statements and carry out automatic reconciliations.

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