Staying up to date on the latest version of accounting software enhances efficiency, accuracy, and competitiveness in the dynamic financial landscape. Firstly, it ensures compliance with evolving regulatory requirements, reducing the risk of errors and penalties. Secondly, updated software improves data security, safeguarding sensitive financial information from cyber threats. Thirdly, staying current ensures compatibility with other business applications and operating systems, preventing integration issues. Regular updates also address bugs and glitches, maintaining software reliability.
In this article, we’re give you a high level overview of what’s new in Sage 100 version 2023. This release includes over 40 enhancements and updates to the software.
Sage 100 2023 Desktop Changes
Recent Tab
The Recent tab now shows you tasks that have been accessed from the File menu, Home tab, Web Content tab, and Modules tab. You also have the option to set how many recent items you want to see on the View tab.
Persistent Last Tab
The last tab you access on the ribbon before exiting Sage 100 will be the active tab in the software the next time you log in.
Sage 100 2023 Global Changes
Pick a Range of Serial Numbers
You can use a range to select serial numbers instead of scrolling through a list. This update has been made to the following modules:
- Bill of Materials
- Inventory Management
- Production Management
- Purchase Order
- Return Merchandise Authorization
- Sales Order
Masked 1099 Vendor Taxpayer ID/Social Security Number to Improve Security
The 1099 Vendor Taxpayer ID/Social Security Number is now masked in data entry tasks and will also print masked on the Vendor Listing, Vendor Listing with Balances, and Vendor Mailing Labels. Only users with the appropriate security setup can view this sensitive information and access the option to print unmasked Taxpayer ID/SSN.
Masked ACH Bank Account and Routing Numbers
The vendor electronic payment bank account and routing numbers are now masked in data entry tasks and will also print masked on the Vendor Listing. The routing transit numbers are also masked in ACH Maintenance.
Invoice Payment Selection Improvements
You can now easily and quickly select invoices for Payment using the new check box in the Select Invoices for Payment window.
Inventory Management Changes
Option to Hide or Show Zero Quantities for Lot/Serial Items
In Inventory Management Options you can now select the Display Zero Quantities for Lot/Serial Items in Cost Detail check box to initially display lot/serial items with zero quantities on the Cost Detail tab in Item Maintenance and Item Inquiry. A Show/Hide Zero Quantity Lot/Serial Rows button has also been added on the Cost Detail tab in Item Maintenance and Item Inquiry.
Option to Hide Inactive Warehouses
You can now hide inactive warehouses using the Display Quantities for Inactive Warehouses check box on the Additional tab in Inventory Management Options.
Inventory Requirements Planning Inquiry
Inventory Requirements Planning Inquiry has been added to the Inquiries menu. Use this task to view purchase or production information for an item based on the last completed IRP generation process.
Remove Inactive Items Utility
The Remove Inactive Items task has been added to the Inventory Management Utilities menu. After running the utility, the Activity log is updated with a list of inactive items removed.
Sage 100 is a popular choice for businesses looking for a reliable, feature-rich, and scalable accounting software solution that can meet their financial management needs effectively.
View the complete list of Sage 100 2023 updates here. If you have any further questions do not hesitate to contact us. We look forward to answering your questions.
About CTO Associates
Do you need to restructure your accounting operations, resolve inventory issues or quit using MS Excel spreadsheets for reporting? Or are you looking for a replacement for your old accounting system? If yes, we’d love to talk with you. Our team has combined experience of over fifty years in a wide variety of industries. We have CPAs, experienced bookkeepers, and consultants to assist your growing business.
At CTO Associates, we provide ERP, accounting, reporting, manufacturing software, and support services to distribution, manufacturing, and service businesses in MA, CT, NY, and across the US. If you need a Sage 100 consultant, Sage 50 consultant, Acumatica ERP consultant, Quickbooks consultant, CPA or bookkeeper look no further. Contact us for your free initial consultation today. Read more about CTO Associates here.