Whats New in Sage Accpac ERP 5'5 Financial Suite

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Whats New in Sage Accpac ERP 5.5 Financial Suite?

• Rajeev Bahl
• Sage Accpac Presales Team

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Contents

• New features in 5.5 Financial Suite
• G/L Feature improvements
• Many Options products now included
• Tips Tricks
• Extended Enterprise

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System Manager

• Database Changes
• Enhanced Performance
• Reduced Memory Usage
• Functions such as printing Crystal reports faster
• Accpac .NET libraries

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Sage Accpac Dashboard

• Key metrics through a web browser
• Interactive Customizable
• Secure Access

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Bank Services

• Reconciliation Posting Date added to
• Reconcile Statements
• Reconcile OFX 2.0 Statements
• Bank Transfers
• Bank Clear History Form
• Support for reversing miscellaneous
  payments/receipts
• Payment Register report
• Tax Input and Reconciliation Posting Journal
  report

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System Manager

• Improved Revaluation for Multicurrency Ledgers
• New revaluation methods to meet the
  International Foreign Exchange Reporting
  Standards for GAAP for exchange gain and losses
• New Recognized Gain/Loss accounting method -
  revaluation transactions are considered
  permanent
• Old Realized and Unrealized Gain/Loss accounting
  method, revaluation transactions are considered
  temporary or unrealized

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Now Included!
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General Ledger
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Multi-user entry and posting
General Ledger

• G/L Rollup Accounts- Create multiple levels of
  account relationships - Available only in the
  Sage Accpac 500 ERP - Can print rollup
  information on the following reports
• Chart of Accounts, Fiscal Set Comparison Report,
  Transactions Listing report, Trial Balance
  reports, FR Reports

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Multi-user entry and posting
General Ledger

• Changes to Multi-user entry and posting (GL AR
  AP)
• Concurrent batch posting
• Users can add entries to the same batch
• Better separation of duties by separating Journal
  Posting and Journal Entry rights (GL AR AP)

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Multi-user entry and posting
General Ledger

• Sample FR Reports- 16 Sample Reports- Excel
  Charts
• G/L Security Included
• Create Recurring Entries (GL, AR, AP)

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Accounts Payable

• Default Posting Dates for Payment Entry and
  Invoice Entry
• Separate Posting Dates and Document Dates for
  Transactions

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Accounts Payable

• Default Detail Tax Class to 1
• Ability to enter advanced credits
• Available in the 200 and 500 editions

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A/P A/R Recurring Charges

• Accounts Payable - Recurring Payables
• Job Related
• Manual Invoice Creation
• Track posted and unposted invoices
• Accounts Receivable - Recurring Charges
• Job Related
• Manual Invoice Creation

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Other Enhancements

• Enhanced Create Recurring Payable Batch
  Form/Create Recurring Charge Batch form
• Can now apply credit notes and debit notes to job
  related documents in Invoice Entry
• Can apply prepayments, credit notes and debit
  notes to job related invoices, credit notes, and
  debit notes in Payment Entry
• Specify an account set that is different from the
  vendors account set
• Ability to Specify Particular Accounts for Items
• Print Group Subtotals on Reports

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Accounts Receivable

• Improved Integration with Project and Job
  Costing
• Enhanced Integration with Order EntryProcess
  Job-Related Invoices Generated by Order
  EntrySet New Options that Affect Order Entry
  Shipments to Customers Check For Duplicate
  POs Allow Backorder Quantities Specify
  Salesperson

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Questions?