Changes in Accounts Payable 5.6
Features added to Account Payable 5.6 include report changes, new check sorting options, improved prepayment functionality, and a new T5018 (CPRS) Electronic Filing screen.
Report Changes
Sage 300 ERP version 5.6 includes global enhancements to all reports that allow you to save parameters easily and export reports into Microsoft Excel.
The Aged Cash Requirements and Aged Payables reports now have better visibility for adjustments as they can be reported as regular documents as well as in applied details. These reports can now be sorted by transaction type and have an easier way to identify miscellaneous payments. Both the Aged Cash Requirements report and Aged Payables report include an option to show Aged Retainage on the report.
Check Sorting
Accounts Payable now allows you to sort checks during print runs. Using the Sort Checks by list on the Transactions tab of the A/P Options screen, you can sort by:
- Vendor Number
- Payee Name
- Payee Country
- Payee Postal Code
- Transaction Entry Number
The selection becomes the default sort order when printing checks.
T5018 (CPRS) Electronic Filing
A new T5018 (CPRS) Electronic Filing screen is now available in the Periodic Processing folder.
If you file more than 50 T5018 slips for a calendar year, the Canada Revenue Agency (CRA) requires you to file original and amended T5018 information returns over the Internet. You use the new T5018 (CPRS) Electronic Filing screen to create your T5018 information return in the required XML format. You can then submit the generated file using the CRA's Internet File Transfer application. If you are filing fewer than 50 slips, you can submit the file to the CRA on electronic media.
Prepayments
You can apply payments to existing Purchase Orders when you prepay a vendor. The previous functionality required a manual entry of the PO number if the Purchase Order was posted but not invoiced.
Upgrading from an Earlier Version?
- If you are upgrading from version 5.4, see Changes in Accounts Payable 5.5.
- If you are upgrading from version 5.3, see Changes in Accounts Payable 5.4.