Applying Zero Balance Offsetting Entries in AP

Hello Sage 500 ERP Customers,

In response to a recent comment on my previous post “Applying Debit and Credit Memos Explained“, I am pleased to provide further clarification on how to clear zero balance offsetting entries.

1. In  Process Invoices for Payment, use either Select For Payment… or Enter Payments… to select the outstanding offsetting entries.
2. You may receive a message that no vouchers meet the selection criteria.  Don’t worry.  Your selection is valid.
3. Proceed to the Print Checks task.  Be sure to check the box to Print Check if Zero Amount.

Once the check is printed, the outstanding items will be cleared.

Thanks for asking Raj!

 

October 1 — A new fiscal year, a clean

October 1 — A new fiscal year, a clean slate, and 103 in the valley!

 

Many of you know I work for Sage, but so

Many of you know I work for Sage, but some of you may not know what we do. Check out this video: http://links.mkt2626.com/ctt?kn=4&ms=NDcyOTc1MQS2&r=Mjg2MDM1NjY4ODUS1&b=0&j=Mjg0MjczMDgxS0&mt=1&rt=0

 

Many of you know I work for Sage, but so

Many of you know I work for Sage, but some of you may not know what we do. Check out this video:

 

Sage Summit and the Future of Sage 500 ERP

Hello Again Sage 500 ERP Customers,

Well, we’re back from Sage Summit 2012 and what an experience it was! It’s always a pleasure to spend time with Sage customers and partners … putting a face with the name, getting to know about you and your business, and just being reminded of the strength of the Sage community.

• The customer event at the Grand Ole Opry was truly an amazing experience and the quality of the talent was remarkable!
• Sage City was an experience not to be equaled – like minded customers sharing challenges and solutions across products by industry or area of interest.
• We got to view innovative products and services and heard the Sage message on how we will address mobility, hybrid deployment, and cloud offerings.
• Breakout sessions lead by Sage employees, partners, and even customers, focused on features and issues important to our audience.

It was truly a grand experience overall!  For those of you who were there, thank you for your participation and support.  For those of you who missed it, watch for key learnings and content to be shared here over the next weeks and months.

There was also an important announcement regarding the future of Sage 500 ERP.  The customer keynote included a commitment from Sage to continued development and support of Sage 500 ERP at least through the end of 2017.  While some interpreted this message as an announcement of end of life, the intent was to assure customers of our continuing commitment to the product as evidenced by features in the coming 2013 release as well as planned improvements extending through the end of 2017.

In the 2013 release features include:

• Improved user experience with Visual Process Flows
• Simplified pricing maintenance with Global Pricing Updates
• Expedited lockbox and mass payment processing with Pending Cash Receipts Imports
• Accelerated Period End Closing with locking of sub-ledgers and improved Cash Management
• Reduced fraud exposure and expanded payment entry options with Sage Exchange

In the first half of 2013 we plan to roll out additional features including:

• Simplified Sales Order Entry with the new look and feel for high data entry screens from Sage 500 Refresh
• Added mobility to ERP with Mobile Sales Manager and Billable Services applications.

So as Mark Twain said, “Reports of my death have been greatly exaggerated.”

Stay tuned for more news and updates.

Thanks for listening,

 

Congratulations to Sage ERP Partners Named in Accounting Today’s VAR 100

Twenty-eight Sage ERP Partners are named in the July issue of Accounting Today in the 2012 VAR 100.  Congratulations one and all:

 Thank you for all you do for Sage and for our customers!

 

Summertime Already?

Hello Sage 500 ERP Customers,

Can you believe it’s summertime again already?  Weren’t we just shoveling snow and taking down holiday decorations a short while ago?  Now all of a sudden it’s time for hanging flags and buying fireworks!

In the world of ERP things are heating up too.  If you haven’t registered yet, it’s time to register for Sage Summit 2012!  You may have already heard, but this year should be a real winner.  We’re gathering in Nashville, TN at Gaylord Opryland once again.  Customer days are August 14 – 17, and we have a line-up you won’t want to miss.  There is a schedule jam packed with content for Sage 500 ERP customers, keynote events, networking events, and of course … our customer appreciation event.  This year’s event is a night at the Grand Ole Opry, with Trace Adkins, Montgomery Gentry, and other big name country stars.  You won’t want to miss it!

Sage 500 ERP Version 7.2 Retires September 30, 2012

In addition, my mind has been wandering to other things software.  Did you realize it’s been over 4 years since the release of version 7.2?  Are you aware that our next release is due out later this fall?  That also means we will be discontinuing support for version 7.2 effective September 30, 2012.  That only leaves 90 days for your upgrade to a supported version.  Yikes!  If you haven’t started planning yet, now is the time!

Ahhh, the good old summertime.  Well, maybe it’s not as restful as it used to be.  Time sure sneaks up on you!

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Thanks for listening,