Sage 200cloud Summer 2019 Enhancements
Sage have announced the latest enhancements to Sage 200cloud in their summer 2019 release. Based on direct customer feedback, the new enhancements are designed to help users make the most of their current Sage system and streamline business processes.
Reverse charge VAT
From 1st October 2019, the way in which VAT is collected from the UK’s construction and building industry will change. This is following the introduction of the reverse charge system for the Construction Industry Scheme (CIS).
This means that customers receiving the goods or service will be liable to pay the VAT to HRMC instead of the supplier. In conjunction with third-party software, this change should allow customers to have a fuller compliance experience.
Following customer feedback, Sage have adapted bank reconciliations. The improvements allow users to part reconcile during a transaction, as well as the full amount. If you part reconcile, the status of the transaction will indicate this and it can be completed next time you choose to do your bank reconciliation. In addition, you can now see the URN of a transaction when you reconcile or unreconcile.
With improved document capturing, you can now scan and attach documents when you view sales invoices and credit notes, confirm receipt of goods received and view the delivery history of a purchase order or return.
Microsoft 365 Flow
Microsoft Flow is a cloud-based software allowing the creation and automation of workflows and business tasks across multiple applications and services.
The new additions facilitate email notifications when changes are made to supplier bank details and during the purchase requisitions authorisation process.
Set your EORI in company details - a requirement for UK companies trading in the EU and Irish companies trading outside the EU.
Country of Origin for stock items can be set when using a UK company.
View a list of users that are preventing access to a particular feature because they are already using one related.
Show contact’s default email address in the Customers List and Suppliers List.
The calculations of invoice totals now account for the use of notional VAT rates.
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Sage 200cloud is a complete ERP system for small to medium-sized businesses with a single software solution that incorporates every department.
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