Install Sage 50 Canada 2023 Edition

This article discusses all the relevant information about the how to Install Sage 50 Canada 2023 and release of the Sage 50 Canadian edition accounting application.

Users will find the different types of improvements and updates that have been made in the Canadian edition of the Sage application, and how users can proceed to install Sage 50 2023 Canadian edition accounting application.

How to Download and Install Sage 50 2023 Canada Edition

Not only that, but users will also learn about the requirements that their workstation must be able to meet in order to be able to run the 2023 release of the Sage 50 Canadian edition application.

After the things mentioned above have been taken care of, the user can proceed to read about the system requirements that are mentioned below. One thing to note is that the system requirements that are mentioned below are the common system requirements and are not specific to the 2023 release of the Sage 50 Canadian edition application.

The following are the common system requirements to Install Sage 50 2023 Canada Edition

  • Operating system: The operating system that is required to be installed on the user’s workstation is the Windows operating system. It needs to be either the Windows 7 operating system or any higher version.
  • Processor: Both the Intel Core i5 and the AMD Ryzen 3 2200 G (or greater) processors are capable of handling the functioning of Sage 50 on the workstation.
  • Memory: 8GB RAM (Random Access Memory) or greater is sufficient to run the Sage 50 application.
  • Disk space: A minimum of 10GB (Gigabyte) of hard drive space is sufficient to run the Sage 50 application.
  • Display Resolution: A minimum of 1024 x 768 pixels or higher is sufficient to run the Sage 50 application.

Following are the steps that the users can follow if they wish to download Sage 50 2023 version of the Sage 50 Canadian edition application and Install it.

  • The first thing that the user needs to do if they wish to download the 2023 version of the Sage 50 Canadian edition application.
  • Once downloaded, the user needs to extract the installer from the downloaded file.
  • After extracting the installer, the user needs to run the installer and click on ‘Next’.
  • Now select the location where they wish to save the 2023 version of the Sage 50 Canadian edition application on their workstation.
  • Once set, the user can proceed to click ‘Next’.
  • Now, the user will be navigated to the Licence Agreement section.
  • The user is responsible for reading the information that has been presented in front of them, and, if in agreement, the user needs to press ‘I Agree, and they can then press the ‘Install’ button.

If the user does not agree with the terms, then the user can press ‘Not Now’, and they will have to return to this window later when they have updated their software installation.

  • Thereafter, The installation will be completed in a while after clicking on the ‘Install’ button. Once the installation is complete, the user can simply press ‘Finish’.
  • Finally, After that, they can proceed to run Sage 50 2023 Canadian the newly installed application on their workstation.

Once the installation of the 2023 version of the Sage 50 Canadian edition has been completed successfully, the user will be required to activate their Sage 50 application to be able to make full use of all the features and updates that have been brought about in this release.

Activate Sage 50 Canadian Edition

The activation also ensures that the user gets timely updates for their application, any upgrade offers that might be running, new product information, payroll tax service information, customer support options, and a variety of other benefits.

Following are the steps that the user must follow if they wish to activate their Sage 50 Canada application.

  • The first thing that the user needs to do if they wish to activate their Sage 50 application is that the user needs to go to ‘Help’, and then select ‘Sage 50 Activation’.
  • After need to click on the option titled ‘Activate Online Now.
  • If the user is new to the Sage family, then they will be required to fill out a form before they can proceed to activate their application.

Upgrade Current Version of Sage 50 Canadian

Users are free to upgrade their current versions of the Sage 50 Canadian edition application, but only after they have made sure to take care of a few things.

The first thing that the users must do before they can proceed to upgrade their current versions of the Sage 50 Canadian edition application is that the users need to change their passwords in the 2022 version. Since the newest release allows for a greater length of password, users may be locked out after upgrading if they do not change their password before upgrading. The older versions of Sage 50 only recognized the first 7 characters of any password that was entered. So, users must first choose a password that consists of 7 or less characters.

After changing their password and upgrading, users can then set their password to anything they wish to in the upgraded version of Sage 50.

Here’s how users can change their passwords in Sage 50

  • The first thing that the user needs to do if they wish to change their current password is that the user needs to log in as the sysadmin.
  • After logging in as the sysadmin, the next thing that the user must do is that they need to click Setup, Setup Users & Roles which can be found on the Home screen.
  • Now, the user must enter the password that is linked to the sysadmin account.
  • Now, the user needs to enter and re-enter the new password that they wish to keep for the selected user.
  • Once done, the user can press ‘OK’, and the password will have been changed successfully.

Another thing is that this version is a little heavier on the workstation than the prior versions. Upgrading to the 2023 version might cause the workstation to reboot a few times as well. So, the user must set aside a good amount of time for the upgrade, as they will not be able to carry out any work during the update time.

What’s New in Sage 50 Canadian 2023

While the older versions of the Sage 50 Canadian edition have been very well-received by consumers who have looked for good accounting software, there was still some room for improvement in the existing applications. But with the 2023 release of the Sage 50 Canadian edition, these improvements have been brought about in a very elegant fashion. There are a lot of new updates in the 2023 release of the Sage 50 Canadian edition application. As we know, Sage 50 offers three types of application editions to the users, namely, Pro, Premium, and Quantum.

It has been discussed below what new improvements have been brought about by the developers at Sage, and which editions offer these new improvements and which of them don’t. Following are the improvements and updates that have been put into action in the 2023 release of the Sage 50 Canadian edition application.

A. Flexibility and efficiency while running payroll

With the 2023 release of the Sage 50 Canadian edition, users are now able to update employee information while they are in the payroll run without having to re-key the data. Employees can now also be created on the go without the payroll information of the employee.

The only requirement is that if the user wishes to make use of these features, then they must have a service plan that includes payroll. This update is available for users who have either the Pro, the Premium, or the Quantum edition of the application.

B. Reduced number of errors during bank reconciliation

This update has been made so as to improve the quality of the Sage 50 cloud. Users can now create bank rules through this update. Not only that, but users can also have the bank rules that they create applied to any inbound transactions from bank feeds or any uploaded statements. 

This is a great improvement made in the Sage 50 Canadian edition as it is a way to save a lot of time and effort that earlier on the user could not do. The only requirement is that if the user wishes to make use of these features, then they must have a service plan that includes Bank Services. This update is available for users who have either the Pro, the Premium, or the Quantum edition of the application.

C. Creating payment stubs when paying vendors in cash or by credit cards

Through this improvement, users can now send their payment stubs to all their vendors when they user is paying their vendors in cash or by a credit card. Not only is this a very convenient feature, but with this update, invoices that are included in the payment are also on the stub. This update is available for users who have either the Pro, the Premium, or the Quantum edition of the application.

D. Longer email addresses for employees

Now, users can create email addresses in the Employee Records section of up to 129 characters for their employees. This update is available for users who have either the Pro, the Premium, or the Quantum edition of the application.

E. Support for 32 and 64-bit versions of Microsoft applications

In contrast to the older versions of the Sage 50 Canadian edition application, users can now be using either the 64-bit or the 32-bit version of Microsoft 365, and they will still have the comfort to work with the Sage 50 Microsoft Documents as they are now compatible with both the 32-bit and the 64-bit versions of Microsoft Office. This update is available for users who have either the Pro, the Premium, or the Quantum edition of the application.

F. Additional shortcuts on the home screen

To increase the flexibility for the users, there has been an increase in the number of shortcuts from 10 to 25. This update is available for users who have either the Pro, the Premium, or the Quantum edition of the application.

G. Enhanced security for the database

Users can now also set stronger passwords to protect their databases. This allows for more complexity in the password that the user will set and ensures better security of the data that is stored in these databases. Users can now set a password of up to 129 characters for the company database in the latest update of the Sage 50 Canadian edition application. This update is available for users who have either the Pro, the Premium, or the Quantum edition of the application.

H. New desktop shortcut

Users can now also add a desktop shortcut that comes in handy to support the resources. This update is available for users who have either the Pro, the Premium, or the Quantum edition of the application.

I. Additional fields for deposit slips

Users are able to add additional GL account fields in the Sage 50 forms designer with the latest release. So, if the user’s bank requires additional information on the user’s deposit slips, users can use this new update to provide all the required information to their banks. This update is available for users who have either the Pro, the Premium, or the Quantum edition of the application.

J. New logo, colours, and program icon

The improvements that have been made by the developers at Sage do not stop at the things that the software is capable of doing. With the latest release, Sage has introduced a brand new program icon, and the users will also be able to see the Sage logo in the program. The colour palette has been filled with shades of brilliant green, black, and white, which is a mirror to the focus of Sage’s identity, which is simplicity and insight.

FAQ’s

What is the most updated version of Sage 50?

The most recent updated version which was released on July 1 2022, Version 2022.3 includes payroll tax updates, as well as a few more changes than the previous version.

Can we conclude that Sage 50 and Sage One are the same?

Sage 50 and Sage One are two market-leading accounting packages from Sage UK in their respective target markets. Sage 50 is appropriate for small to medium-sized businesses whereas, Sage One is appropriate for very small businesses and sole proprietorships.


Call Now
Chat Now

Phone

+1-347-967-4078