Sage 50cloud Accounts v25.1 is here!
Updates to help with Making Tax Digital ...
POSTED BY ALISON MEAD ON 11/03/2019 @ 8:00AM
I've been working with Sage for many years and know how good it is. Now, Sage 50cloud v25.1 has been released and I'm impressed with the changes ...
Sage 50cloud v25.1 is here and there are some very good updates to help businesses with Making Tax Digital (MTD)!
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Sage makes it easy for customers to run their business more efficiently. Anyone on the cloud version benefits from ongoing development of core functionality and improved cloud connections to Office 365 and the Sage ecosystem, but don’t be fooled by the word 'cloud' in the name, this is still the same desktop Sage installed on your local computer, the cloud functionality is an added feature.
"Sage 50cloud is future proof!"
From 1 April, MTD will begin to be enforced and a large number of businesses will move to digital submissions and must keep records of digital transactions. Sage have added functionality and improvements to Sage 50cloud Accounts v25.1 to make MTD even easier for customers.
What's new in v25.1?
Attach documents to the VAT return MTD feature - Keep a full audit trail of all transactions to support with MTD readiness, including calculations carried out in excel, or instructions from an accountant
Attach documents to Journals MTD feature - Keep a full audit trail by attaching documents to journals
Access VAT return with users logged in - No downtime in the office when calculating and submitting the VAT return a process which all businesses impacted by MTD will have to carry out from April 1st
Track bank rec changes - Bank rec corrections are made quicker and easier by the software automatically highlighting transactions causing changes to the last reconciled balance
Sage 50cloud v25.1 has added these useful features and they're available right now to businesses. As a bookkeeping trainer who specialises in Sage, I can help you with any questions you may have with this new update.
"Would you like to know more?"
If you'd like to find out more about Sage 50cloud v25.1 or any other aspect of bookkeeping and Making Tax Digital (MTD) then do give me a call on 01604 420057 or click here to ping me an email and let's see how I can help you.
Until next time ...
If anything I've written here resonates with you, why not visit www.siliconbullet.com to discover how we can help you with accounts and IT support?
Alison loves bookkeeping. She has been helping clients to be better bookkeepers in Sage 50 for over 22 years and has more recently added Xero Accreditation to her list of skills.
She specialises in a very unique hand-holding method of training, helping bookkeepers and business owners to use their accounts software as and when they need support in setting up and producing their invoices, reports and financial information.
Alison combines her role at Silicon Bullet with running two network marketing businesses and is also a Regional Leader for 4Networking as she likes to keep busy.
You know what they say, if you want something done well ask a busy person!