An Overview On PAYROLL 2.0 In SAGE 100 and Sage100 Hosting Service

You might have heard that the Sage software has been working on rebuilding the payroll module which will be known as Sage 100 - Payroll 2.0. According to the information that has been released recently, it seems to be represented one of the most significant changes in the product in a while. Sage recently published some videos by that we get a sneak peek of what’s coming and here we will explore in this article.

Migrating to the Business Framework:

As you already know that if you're using the payroll module, then it will still work in the legacy framework whereas many of the modules around have been migrated to the more modern business Framework. Sage 100 Payroll 2.0 will be migrated to the Business Framework which will open up the things for the more significant strides in its features as well as capability.

Recently, Sage has published a series of videos that are basically designed to showcase the progress about they’ve made with Sage 100 Payroll 2.0. So, here are some of the highlights:-

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     1.      Payroll Setup Wizard:
A new payroll setup wizard will take you to the step-by-step through a series of questions that will help you in getting up and running with the options that configured the way for your business processes payroll.

2.      Payroll Setup:

The highlights of the new payroll setup functions have the capability to start processing the next payroll quarter without closing the previous one. It also has enhanced the ability to reset the time off hours, has better organization of the tabs and options to turn on the features that match your business requirements, and much more.

3.      Employee Maintenance:

The highlights of the new employee maintenance features include newly added fields like job title and emergency contacts, expanded fields of the employee name, new fields of the medical coverage, vet checkbox and date of military separation, and up to nine separate pay rates.

4.      Payroll Data Entry:

The new payroll data entry process will be improved with a number of new options for enhanced date controls, pay cycle, a hyperlink for accessing the employee maintenance fields with enhanced security right from the payroll data entry screen, check reversals, enhanced payroll memos, and much more.

NOTE: Sage program has not yet published the video demonstrations publically on YouTube or similar platforms.

Payroll 2.0 Release Date:

This new Payroll 2.0 module will be included in the release of Sage 100 Ver. 2018 which is scheduled for the later year. 

Sage 100 ERP has a wide range of modules such as CRM (customer relationship management), human resource, financial forecasting, payroll management, e-business,  manufacturing, accounting, finance and inventory management, purchasing and sales management, etc.

These modules have seamless integration among them and are apt to meet the individual requirements of different businesses.

Apart from that, Sage100 ERP Hosting Service provider will take your business to the cloud and allows you to access it from the web and run it confidently. You just need to have an authentic login ID, password to access your data on the servers.

You can also know about Sage 50 Accounting.

A Few Pros and Cons of Using Cloud-Based Sage Accounting

Accounting industry is rapidly moving towards cloud to present extreme advantages of fully technological models.  A great number of users have adopted cloud computing to extensively modify their accounting chores.

Many Sage users think of migrating to web-based edition of the accounting solution. They hold a belief that migration to web-based edition is better than continuing with the old version.

Unquestionably Sage is finest for anytime, anywhere access to financial data and applications. However, the advancement of sage software is limited with the desktop only. Hosting, in that case, come up as the solution and right choice to expand the business advantages with extreme functionality of the software.

Many businesses today reap benefits by using sage cloud services for more simplified business process. However, bit knowledge about the hosting services may be a crucial part prior to the selection.

Hosting Sage means that the hosting provider will manage the entire financial data through their cloud-based servers and the services may emerge up as the set of following bad and good aspects.    

Pros of Sage Cloud-Based Application  

●     Access the applications anytime and from anywhere. Run the software and access company data files with zero trouble. The feature allows you to work with a single company file from any location

●     Businesses with manifold locations and mobile workforce can take advantages of centralized access to the applications and data. This allows all individuals to function as they are at a common place to carry out the same work. You can take the benefits depending on what type of business you have

●     No training required for conversion! You do not require any training to avail the features and convert data into existing format. Hosted sage accounting software is the same software you have been using earlier

●     Sage cloud hosting allows you work collaboratively. Also, outsourced bookkeeper or Accounting professionals may be able to work on client’s accounts and share the data seamlessly at the time client is working in the system.

●     You clients do not need to copy or synchronize the data. Sage enables outside professionals working closely with business strengthening outsourced relationship.

●     Sage cloud-based application eliminate extra cost of IT management and on-premise infrastructure. This assist you to focus more on the business rather than technology being used

Cons of Going with Sage Cloud Hosting Services 

●     Licensing for multiple user access can come up as a big challenge to some service providers. The superiority of hosting solution may ensure the users about whether the challenges are properly addressed by the service provider. In that case the service provider may go with “LCD- lowest common denominator” approach by offering generic setup for every time a user logs on to its account  

●     There may be times users can go through some frustrating situations when multiple user performance and number of servers get affected. Adding the number of customers with a few numbers of users can create problematic situation. It can also create the cost needed to maintain whole infrastructure.

The whole comparison clearly shows that Sage Hosting service has more benefits than the shortcomings. However, there are many service providers on the market that help the businesses to manage the intricacies of Sage software within their hosted environments and ensure delivering high level applications functionality to meet business requirements efficiently.

Making right selection for the service provider should be approached a matter of thorough understandings. Making a viable search over the internet and comparing the service may assist fetching the right choice. Choose Techarex Networks for all your IT, Cloud and Managed services needs.