Sage 50c Accounts Software Update version 24

Laptop image showing latest sage 50c

**Update – As of October 1st 2018 Sage has now released v25 find out more click here **

Don’t forget if you have a valid Sage subscription or Sage cover contract you are entitled to the new version. (How to download my new version)

Sage 50c Accounts Software Update version 24 went on general release on Monday 18th September 2017.  As with every year, Sage continue to innovate and update their software and the release of Sage 50c v24 is no different.  There are the normal improvements to the software and ironing out niggles customers have experienced in Version 23.

Sage 50c Accounts v24 New and Improved Functionality

  • Enhanced Bank Feeds
    • This version introduces data matching rules for its users
      • Create and amend rules
      • View and approve transactions automatically generated based on the user created rules.
  • Hide nominal and bank accounts
    • v24 allows you to hide nominal and bank accounts from list screens and reports.
      • Just as easily as you can make your Customers inactive, v24 now has the option to make your bank accounts and nominal codes inactive which then gives you the option to hide them from view.
  • Go-Cardless integration
    • Sage 50c Accounts Version 24, is now integrated with GoCardless, a direct debit company.  Whilst at the moment BACS and Faster Paying Service payments remain the key method for paying suppliers, it is estimated that the Direct Debit collection for consumer payments will grow 50% by the year 2025 (see report by UK Payment regarding UK payment forecasts and trends).  Accordingly, businesses who collect payments by Direct Debit are already ahead of this curve.  If customers are using the GoCardless platform for these payments, they can now have integration with this system and their Sage 50c Accounts software.
  • Improved payment runs which now exclude direct debit payments
    • This version draws up the list of cheque and bank transfer payments to be generated by the software, by default suppliers will be excluded and marked to indicate that payments are made by direct debit.

There are two very important HMRC changes heading your way.

 

In February 2018 HMRC (EDI) Gateway will be decommissioned

Q. What does this mean for me.

A. All versions of Sage Accounts Software prior to v24 will no longer be able to submit your VAT returns direct from your software but instead you will be required to log in to your Government gateway account and type in your figures manually.

Also, have you heard about the Governments plans on Making Tax Digital, if not find out more here.

The latest version of Sage 50c Accounts will be compliant with the new HMRC gateway.  To this end Sage have updated this latest release to ensure that their software is compliant and by using the software users are hopefully eliminating the risk tax miscalculation created by manual input!

 

Interested in Upgrading/Purchasing?

If you currently are not eligible for an upgrade to Sage 50c v24 and want to know if Sage 50c Accounts is for you, then please see our article:  What is Sage 50c.

If you are interested in upgrading your software to Sage 50c Accounts v24 then please email us on orders@sageaccountssolutions.co.uk with you company name and Sage serial number and we will happily get you a quote or if you are ready to upgrade to the new Sage 50 Accounts Essentials software (previously known as Instant Accounts) and wish to purchase an existing customer licence then please visit or shop.

If you’re not currently a Sage Customer and wish to purchase one of the latest Sage 50 Accounts packages then please visit our shop.

Want to know more about Sage 50c or to keep updated with latest release information?  Sign up to our mailing list:

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4 Comments on “Sage 50c Accounts Software Update version 24”

  1. Pingback: Goodbye Sage 50 Accounts Perpetual Licences - Sage Accounts Solutions

  2. It’s amazing to visit this web page and reading the views of all mates about this article, while I am also zealous of getting experience.

  3. I was using Sage 50 US 2017.2 but it crashed last month.
    I had reinstall it but cannot update it online, and cannot find any update file for manual update, could you help to send me a link for the updated file? (I need one for 2017.1 (Build: 24.0.00.0070) to Build: 24.2.00.0230

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