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Sage MAS 500 Product Update 1 Now Available

The Sage ERP MAS 500 Product Update 1 is now available for download from www.sagesoftwareonline.com. This release includes several enhancements available for both Version 7.3 and Version 7.4. We’ll cover the features of Product Update 1 and preview the recently updated product road map for Sage ERP MAS 500.

Product Update 1 Enhancements

Credit Card Processing

Product Update 1 gives you the ability to process a credit card post-authorization in excess of the preauthorized amount. This enhancement is included in the updates for both Sage ERP MAS 500 Version 7.3 and Version 7.4.

Typically, pre-authorization is run when an order is received to verify available credit. The post-authorization is processed when the order ships. This enhancement allows you to set a limit on how much the post-authorization amount can exceed the pre-authorization amount. The limit can be either a percentage or a dollar amount and can be set separately for each customer.

When a post-authorization is processed, if the amount exceeds the pre-authorization and is within the limit, the transaction goes through using the original authorization code. If the amount exceeds the pre-authorization and falls outside the limit, the transaction fails and the user is prompted to contact the customer.

ACH Remittance Advice

Another new feature, Print ACH Remittance Advice, has been added for Version 7.4 only. A new task has been added to the Accounts Payable Activities menu. Once an ACH Remittance batch is successfully generated and posted, you can use this task to print the Remittance Advice—essentially a voided check with the remittance details. The ACH Remittance Advice provides an audit trail or file copy for businesses whose processes require copies of vouchers to be filed with a check copy or to be mailed to the vendor for reference.

Product Roadmap Update

Sage keeps customers up to date on software development by publishing a Product Roadmap. Sage develops products using an Agile development methodology, so any of the milestones, features, release periods or versions can change, but what follows is the current plan.

The current road map extends to the end of 2012. Product updates are scheduled regularly during this period, with the next big release, Version 7.5, scheduled for fourth-quarter 2012. Between now and then, there will be two releases for Sage MAS Intelligence.

Sage MAS Intelligence

Planned for release this quarter are reporting tree, report distribution and performance enhancements for Sage MAS Intelligence (SMI). Reporting trees will add easy-to-learn organizational reporting and include support for multicompany consolidations. Performance improvements will focus on GL data loading and general report loading. Report distribution also is enhanced, allowing you to easily set up and fully automate report distribution to all stakeholders in your organization. Rich text email distribution is supported, along with conditional distribution based on report content. You will be able to publish reports in multiple formats (PDF, XLS, HTML) on local and networked locations and create convenient Windows shortcuts for any report.

Sage also is working on a utility to convert Microsoft FRx reports to SMI, with a planned release in early 2012. The utility will convert native columns like Actual/Budget columns as well as calculated columns that involve basic arithmetic. Reporting Trees and Catalogs are planned to be converted as well. Due to limited correlation between FRx and Intelligence row formatting, manual rework will likely be required post-conversion. No conversion is planned for multicurrency calculations.

Version 7.5

Planned for Q4 2012, Sage ERP MAS 500 Version 7.5 enhancements will fall into several areas, including productivity, manufacturing, upgrades and customization and Sage Exchange.

Productivity Enhancements

The planned productivity enhancements focus on customer feedback. The following features are under consideration for the release:

  • Multiple email recipients for document transmittals
  • Means to perform mass pricing updates
  • Reversal of credit memos applied to debit memos and invoices
  • Hard close of sub-ledger fiscal periods
  • Tracking of miscellaneous cash receipts in accounts receivable
  • Importing of pending cash receipts
  • Batch authorization for recurring credit card transactions

Manufacturing Enhancements

Sage is focused on improving workflow and usability in the manufacturing modules. Features under consideration include:

  • Batch entry of material issues
  • Adding scrap factor to material step to allow for shrinkage
  • Supporting use of non-inventory items
  • Backflush setup hours option
  • Easy cancellation of work orders created in error

Customization Enhancements

Sage continues to work to ensure customizations survive upgrades. In addition, the following new customization capabilities are under consideration:

  • Base form fields available in the form chooser
  • UDF data flow from one module to another
  • Call control events within Customizer Script Editor
  • Customizable grid lines in Enter Sales Order
  • Additional APIs to isolate custom work

Upgrade Enhancements

Sage has an ongoing commitment to reduce costs associated with upgrades and updates. Under consideration in this area are:

  • Smart Install of Customization Report
  • Smart Install Comparison Tool
  • Auto Update Tool

Sage Exchange

Version 7.5 will likely take full advantage of the features of Sage Exchange. The Sage Exchange integrated payment solution platform provides a PA-DSS certified environment facilitating the exchange of payment data. Sage Exchange connects to a new Sage Exchange Virtual Terminal with card swipe capability and new, best-in-class, encrypted, point-of-sale terminals.

Retirements

Support for Sage ERP MAS 500 Version 7.05 and Version 7.2 ended September 30, 2011. If you are still using either if these versions, it’s time to start planning your upgrade. Contact our Sage MAS 500 Support Center for assistance or with your questions about the product update.


©Copyright 2004–2011 Tango Marketing, LLC. www.tango-marketing.com All Rights Reserved. This newsletter and its content have been registered with the United States Copyright Office. Reproduction in whole or in part without permission is strictly prohibited. The capabilities, system requirements and/or compatibility with third-party products described herein are subject to change without notice. Sage, the Sage logos, and the Sage product and service names mentioned herein are registered trademarks or trademarks of Sage Software, Inc., or its affiliated entities. All other trademarks are the property of their respective owners.

For more information, contact:

Jeffrey Paulette
Sales & Marketing Specialist, BKD Technologies
417.865.8701