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Sage launch Sage 200cloud Professional 2020 R2

Jan 06

Sage has just launched Sage 200cloud Professional 2020 R2 which includes updates which will support customers with the UK transition from the EU.

From Postponed VAT Accounting (New Vat Terms/ Rates), to Vat Returns, to Flagging GB as out outside of EU; Sage has you covered to enable you to continue running your business with minimal disruption.

Updates to the product to support the UK transition from the EU include:

  • Postponed VAT Accounting - UK
    • New Vat Terms
    • New Vat Rates within Vat Rate Details section. 
  • Updates to exiting VAT codes - UK:
    • VAT code 4 
  • VAT Return – UK
    • Updated VAT label boxes – this won’t be visible on install as they don’t apply until 08 April 2021. This will be remotely activated by Sage for versions with this feature. 
  • VAT Return – ROI
    • Introduction of PA1 box
    • Updated XML schema for VAT submission
    • Both of these features will be remotely activated by Sage in time for the launch of legislation. 
  • Intrastat
    • Removing the reliance on GB needing to be ticket as EU to generate the report. 
  • Country List
    • New data sets / new installs - GB flagged as out outside of EU
    • 2 new country codes XI / XU

If you'd like to see any of the new features in action, then register for one of our webinars! Pete Child, Sage 200cloud Product Manager, will demonstrate the new features in this release and cover some of the popular features from the last releases as well. You can take a look at the schedule here.

Pete 1.jpg

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