Product update 4.40.0.2 coming soon

Written by Todd Martin on .

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Sage released a notice today to business partners that the new product update will be coming soon. This will be the second release to the 4.4 version of Sage MAS 90 and 200. The first pre-release notification for 4.40.0.1 noted new features such as Record Wire Transfers in Account Payable and Search by Lot or Serial Number in Inventory. In this pre-release notification for 4.4.0.2 Sage noted new features like a Recalculate Outstanding Entries Totals Utility for Bank Reconciliation and Positive Pay Export Wizard. New features that Sage has added to the product along with existing Extended Solutions that have been encorparated into the product continue to make Sage MAS 90 and MAS 200 a very strong product that continues to grow. We can all help Sage in their process of making Sage MAS 90 and MAS 200 a strong product by suggesting product enhancements. Here is what was in the announcement from Sage:

Sage MAS 90 and 200 Product Update 2 Delivers Added Value!

The second Sage MAS 90 and 200 4.4 Product Update — 4.40.0.2 — is expected to be available by mid-July via a compact download from Sage Online. Delivering additional features and functionality and product enhancements as an additional on-plan customer benefit, Product Update 2 delivers value across the system and in a range of modules including Bank Reconciliation, Accounts Payable, and Paperless Office. Many of these enhancements are the result of incorporating the main features and functionality of select Extended Solutions into the core product, and others are totally new customer-requested features that solve pain points.

Also included in Product Update 2 is a new Pre-Installation Data Scan utility that will help identify data issues prior to installation.

New features available to you and 4.4 customers are:

  • Bank Reconciliation – Automatically Reconcile Checks (similar to BR-1005)
  • Bank Reconciliation – Enforce Tighter Controls over Bank Reconciliation Adjusting Entries (New)
  • Bank Reconciliation – Enter Checks, Deposits, and Adjustments On-the-Fly (New)
  • Bank Reconciliation – Conveniently Use Recalculate Outstanding Entries Totals Utility (New)
  • Bank Reconciliation - Positive Pay Export (similar to BR-1004)
  • Bank Reconciliation - Positive Pay Export Wizard (New)
  • Bank Reconciliation - Expanded Comment Field (New)
  • Accounts Payable – ACH Electronic Payments (similar to AP-1063)
  • Paperless Office — Accounts Payable Checks, Extended Stubs, and Electronic Payment
  • Remittance Advices (similar to AP-1095)
  • Product Update Pre-Installation Scan Feature (New)

 


Bank Reconciliation

Automatically Reconcile Checks - (similar to BR-1005)

Efficiently and automatically reconcile check information you download from your financial institution. Use the new Auto Check Reconciliation Wizard to create the proper check setting format for your financial institution per their specifications. Or, your Business Partner can configure the setting in their office, export the file, and then import it into your system.

Enforce Tighter Controls over Bank Reconciliation Adjusting Entries - New!

Further refine and control who is allowed to enter modifications to the Current Balance in Bank Reconciliation using a new option in Role Maintenance, Common Information. For banks defined in Bank Code Maintenance, you can specify the users who are allowed to access and make adjusting balance entries.

Enter Checks, Deposits, and Adjustments On-the-Fly - New!

In Reconcile Bank, you have instant access to enter checks, deposits, and adjustments through a quick link button to bring you directly into Check or Deposit and Adjustment Entry for that bank — without navigating all the way back to the main menu to open a data entry screen, or existing your Reconcile Bank screen.

Conveniently Use Recalculate Outstanding Entries Totals Utility - New!

To improve workflow, the Recalculate Outstanding Entries Totals Utility is available from the Bank Reconciliation module, via the Utilities Menu. This utility allows you to recalculate the totals of all outstanding check, deposit, and adjustment entries that have not been marked as cleared.

Positive Pay Export - (similar to BR-1004)

Deter check fraud using the new Positive Pay features in the Bank Reconciliation module. Positive Pay assists your financial institution to monitor against suspicious check activity using a file you create and submit for comparison and verification. The Positive Pay file contains key information, such as check numbers and dollar amounts, to identify only the checks you have issued and authorized for payment. Components of the check must match exactly, or the check will not be paid by the financial institution. Checks sent to the bank using Positive Pay are identified with an Exported check box In Check, Deposit and Adjustment Entry.

Positive Pay Export Wizard - New!

Use the new Positive Pay Export Wizard to create the proper export file format specified by your financial institution, for comparison of the file you send with the checks that are presented for payment. To help you understand and translate formatting requirements, we’ve included a reference document that outlines the most commonly used field formatting and export details required by financial institutions. And, if your financial institution updates their specified file format, you can also use the Positive Pay Export Wizard to make the necessary changes without depending on a programmer to re-format it for you.

Expanded Comment Field - New!

In Check, Deposit and Adjustment Entry, the Comment field has been expanded to 2048 characters to allow you to add information to track why the adjustment was made.


Accounts Payable

ACH Electronic Payments - (similar to AP-1063)

Increase your efficiencies, improve your cash management, reduce operating costs and lessen the risk of lost or stolen checks by paying vendors electronically using an ACH file created from the Accounts Payable module. Enable ACH electronic payments, define how they will be handled by your company, and the type of information that will be transmitted to your financial institution.

You have the flexibility to select and set up one or more financial institution(s) for your electronic payments, and for each one you select, define the format and layout of the ACH file. The feature includes pre-note functionality, and flexibility in your electronic payment distribution, including options to allocate amounts between one or more accounts. ACH information on processed payments, historical information and vendors paid electronically is available on AP Reports. They can include auto checks, manual checks, voided checks, reversals, credit card transfers, electronic payments, wire transfer information in any combination.


Paperless Office

Accounts Payable Checks, Extended Stubs, and Electronic Payment Remittance Advices - (similar to AP-1095)

Save time, money, and the environment by utilizing Paperless Office to process, send and retain electronic copies of Accounts Payable checks and extended stubs, and remittance advices created for ACH Electronic Payments in PDF format. Add a unique message to include when emailing or faxing electronic remittances. The PDFs you create are also available to email and fax, retrieve and archive. Easily access PDFs using the Vendor Viewer from Paperless Office or the Checks panel in Vendor Maintenance Inquiry.


Library Master

Product Update Pre-Installation Scan Feature - New!

Utilize the Product Update Pre-Installation Scan to ensure good data integrity during the installation process of Sage ERP MAS 90 and 200 4.4 Product Updates. Conveniently add this maintenance step to your normal process whenever you install a new product update to ensure your data is sound. Determine your data’s health during your routine Product Update installation, and utilize Sage ERP MAS 90 and 200 Library Master Utilities for corrections as needed. Prevent spending hours correcting data from a power outage or other natural or human-induced disaster.

 

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