BBS MONTHLY BUZZ

A monthly email newsletter from Best Business Strategies

February 2024

• • In this issue:

    
    ❗Sage 50 US Version 2023 Obsolescence
    ❗2nd January 2024 Sage 50 Payroll Solutions Update
           Is Sage 50 a Desktop or Cloud-Based Solution?
  •        Recommendations on Working Remotely with Sage 50
  •  

Sage 50 US Version 2023 will be obsolete as of March 6, 2024.

Once obsolete there will be no more support available and the following add-ons will no longer work:

• Program updates
• Tax updates
• Tax form updates
• Direct Deposit
• Sync with Managed Payroll
• Credit card processing
• Remote Data Access (formerly known as Sage Drive)
• Bank Feeds
• Invoice Payments with PayPal, Stripe or Paya

You NEED to take the update!

Did you know you get a NEW serial number assigned to you for each new Sage 50 release?

Typically, the Installation Wizard takes care of filling in the new serial number for you. However, there is a glitch in 2024 and you will have to fill in the serial number yourself!

To find your serial number, you will need to log into your Sage 50 Customer Portal or contact Best Business Strategies!

 YOUR Sage 50 Customer Portal-Click Here

✳️Note: You must install on your server first.

The  2nd January 2024 Payroll Tax Updates for Sage 50 US 2024 is live.

The current version for the tax updates is 20240102.

Most current version 2024 build # is 31.0.01.0110

The tax updates apply to Releases 2024.0 and 2024.0.1.

The tax updates include Sage HR Integration and Sync Updates for users on Release 2024.0.1, which contain fixes to previously found issues and enhancements to Sage HR functionality.

✳️Note:Additional state withholding for Georgia (GA) does not calculate correctly after install of 2nd January Tax Update (Learn More)

Quite a few people do not know whether Sage 50 is a desktop application or a cloud application. It is quite understandable why you are confused.  The name has changed from Sage 50c to Sage 50cloud to NOW just Sage 50!

What is Cloud-Based Software?

Cloud-based software refers to any software program or application that is stored, managed, and available through the cloud. Traditionally, software programs had to be installed on a computer to work. However, with cloud-based software, installation is no longer needed. Users can access the software from anywhere by logging in through a browser. Sage is NOT a cloud-based software!

Access software by logging on to a browser. Data is saved in a remote cloud-based storage.

Software is installed on the server and/or computer. Data is saved and stored on the server and/or computer.

Sage 50 is a Desktop Solution with Secure Online Cloud Connectivity

It is not a cloud-hosted application. Sage 50 is a “cloud-connected” application. Your Sage 50 data and software are NOT stored on the cloud. It is still stored on your desktop and or server.

Here are the programs you can access with your Sage 50 cloud connectivity! Click Here

Depending on your situation, we recommend either RemotePC-(remote desktop access) or a Managed Cloud Hosting Service.

RemotePC

With remote PCs, employees don't have to come into the office to get the job done. They can sign into their work computers and stream their entire desktop—including apps, documents, and settings—to any device. Use remote PCs to support any type of work.

Things to consider

✅ Each employee would have to have (or need) a license of Sage 50 installed on their work computer at the office.

✅ Employees could access their entire desktop, not just Sage 50.

✅ No lost data in the cloud.

Managed Cloud Hosting Service

Hosting your Sage 50 Accounting Software with a Cloud Service allows you to use your Sage 50 anywhere¹ using a desktop, laptop, tablet, or even a MAC!

A Cloud Hosting Solution might be right for you if:

You have multiple locations or mobile users?

You wish to include outside client interaction?

You lack readily available IT expertise?

Your business needs predictability in IT costs?

Are looking for additional continuity/fault tolerance?

If you answered YES to any of these questions, Cloud Hosting could be for you.

1 Must have an internet connection.

Things to consider

✅ If working from home, employees would only have cloud access to Sage 50.

✅ Cloud host takes care of all the updates for you.

✅ Sign in from any device with internet access.

✅ Host will restart the machine after updates.

✅ You just sign in and use the program.

🕵️‍♀️When it comes to selecting a cloud hosting service, you must research to avoid falling prey to fraudulent companies that may exploit your data or credit card information. We at Best Business Strategies only collaborate with certified companies that we can confidently endorse.

Please contact us to learn more!

☎️ 304-233-2612 or 📩 Shirley@BestBusinessStrategies.com

Best Business Strategies Communication Schedule

• First of the month Sage 50 Renewal Reminders will be sent.🐘
• The 15th of the month The BBS Buzz will be sent.🐝
• Any urgent Sage 50 news will be sent anytime of the month and will be marked with this emoji: ❗

304-233-2612

Shirley@BestBusinessStrategies.com

BestBusinessStrategies.com