The latest Sage 100 2020.1 release is now available. Here’s a quick look at what’s new including continued enhancements to lot and serial number traceability in inventory, improvements to Fixed Assets tracking, and other popular customer-requested updates.

Accounts Payable and Receivable Changes

In Accounts Payable, a new ’Net Balance’ button is now available, making it easier to add any undistributed balance to the current line item. The new button is available in Invoice Data Entry Lines tab, Repetitive Invoice Entry Lines tab, and the General Ledger Distribution window accessed through Manual Check and Payment Entry.

In Accounts Receivable, a Payments tab has been added to Invoice History Inquiry and shows all payments applied to the selected invoice. You can click the Cash Receipts History button to view details about payments processed through Cash Receipts Entry or click the Payment Information button to view details about credit card and ACH payments.

Tracing by Lot and Serial Numbers

With Sage 100 2020.1, you now have multiple options to trace where items have been used. A new

SOON AVAILABLE FOR SAGE 100

Expected in Summer 2020, Sage Enterprise Intelligence (SEI) will soon be available for Sage 100cloud. Previously available for other Sage accounting products, Sage 100 now joins the lineup of ERP applications that seamlessly integrate with this powerful, enterprise-level BI reporting tool.

What is SEI?

Sage Enterprise Intelligence (SEI) is an intuitive, web-based reporting tool that

If you’re reading our newsletters or posts from our website, you’re probably already familiar with what ERP does. But as a relative newcomer to the business software landscape, some are still figuring out what CRM can do for your business and how it’s different than the ERP system you already have. Let’s explore.

What is CRM?

First things first … CRM stands for Customer Relationship Management, and it’s important to understand that CRM is both a tool and a philosophy for managing relationships with your current and prospective customers.

At its core, CRM software ties all of your customer-facing activities together. So, whereas ERP ties together “back office” functions such as accounting, purchasing, inventory, and operations, a CRM system ties together “front office” functions such as:

• Sales, Meetings & Calendars
• Company and Customer Contacts
• Customer Service & Support

In short, CRM connects

Sage recently hosted a presentation that provides us with a glimpse of what’s ahead for Sage 100 in the near and mid-term. Here’s a quick peek at what to expect for the rest of 2020 and beyond.

New in the Sage 100 Ecosystem

A couple of new add-on solutions are expected in the Sage 100 ecosystem including:

Sage Enterprise Intelligence - a powerful, web-based business intelligence (BI) reporting tool that converts massive amounts of data from across your entire Sage 100 system (not just your financial modules) into meaningful insight and powerful real-time reports. Refer to the full-length article in this newsletter for a more detailed look at Sage Enterprise Intelligence (expected in July 2020).

Credit Hound - an accounts receivable collections management suite that helps reduce late payments and collect overdue invoices. Robust features include automated payment reminders, overdue customer reports, dispute management and more (expected in Summer 2020).

New Features and Product Updates

Here are some of the new or enhanced features that are expected for release later this year.

Sage 100 Payroll – a collection of updates and worksheets related to COVID-19 and tracking for Emergency Family and Medical Leave Expansion Act.