Sage 50 Canadian Edition Upgrade

In this article we will offer a step-by-step guide for the users who wish to install updates to the Sage 50 Canadian Edition application. In this case the Users are required to understand why it is necessary to maintain the Sage 50 Canadian Edition application updated whenever a new update is released, and it will be discussed in this article as well.

Likewise, we will also be discussing the various methods available to pick from when wishing to update the Sage 50 Canadian Edition application. This is along with the benefits there are to each method as well.

Upgrade vs Fresh Install

We recommend that you don’t do a fresh installation, if you have Sage 50 installed on your system. A fresh installation of the software will delete all your preferences, but an upgrade will retain them.

Also, whether you’re planning an upgrade or a fresh install, you should create a backup copy of your company file to avoid any risk of losing accounting data.

Upgrading Sage 50 Canadian Edition

In Sage 50, the upgrading process is highly simplified. If you have the software installed on your system, then Sage 50 will :

• Inform your about the latest upgrade available
• Download the installation files for the upgrade in the background
• Register your product with the serial number

Read More : Uninstalling and Reinstalling Sage 50 Canadian Versions

To Upgrade Sage 50 Canadian Edition, Follow the Steps Provided Below:

• Launch Sage 50 and enter the sysadmin password.
• Click on Install, if Sage 50 prompts you for the same.
• Once the installation files are downloaded, click on done.

If you don’t get a prompt, then follow the steps provided below:

• Click on Services from the menu bar.
• Select Check for Updates.
• Select Check now.
• From the list of upgrades and updates, select the one you want to install.
• Once the upgrade is downloaded, click on ok.
• Exit Sage 50.
• Select Yes for installing the upgrade.
• Click on Install.
• Select the option to ‘Auto Configure the Windows Firewall to allow install and run Sage 50.’ Any third party firewall software will be listed here as well.
• Enter the product serial number.
• Select from the following upgrade options:
  • Replace Sage 50 (earlier version.)
  • I want to install on a different location.
• Wait for the installation to finish. Click on Finish.

Note: If you’ve Sage 50 installed on workstations, then upgrade the software on the server first. After this, you can install the upgrade on each individual workstation.

To Activate Sage 50 Canadian Edition, Follow the Steps Provided Below:

• Launch the newly upgraded version of Sage 50.
• From the help menu, select Sage 50 Activation, Licensing, and Subscription Options.
• Click on Activate Online Now.

Once you’ve upgraded the software, you need to upgrade the company file as well. We highly recommend that you create a backup copy of your company file before upgrading it, as there is no way to downgrade a company file.

To Upgrade Your Company File, Follow the Steps Provided Below:

• Click on Open Existing Company.
• Select the company file and click Ok.
• Click Next, verify company, and click next
• Select the option to Back Up. This will create a backup copy of your accounting data in the previous version of the software. Hit next.
• Click on Finish.

The company will be converted and then opened into Sage 50. You won’t have to do any manual backups or data entries. Everything that you recorded in the previous company file, along with user preferences, will be available to you through your upgraded software.

The latest available version of this accounting software is Sage 50 2021 edition. We recommend that you upgrade to this version because of the wealth of features available through it.

New Features of Sage 50 Canadian Edition 2021

There are some new and very exciting features available in the latest version of Sage 50. Some of these features are mentioned below:

Workflow Tracking

Although an accounting software, Sage 50 offers a very powerful workflow tracking feature. However, these features were not available for purchase invoices, making it harder for users to manage workflow, until now. The latest release of Sage 50 accounting solution provides end to end workflow tracking for purchase invoices.

Memorized Purchase Invoice

In Sage 50, you can memorize many documents which are required regularly. However, this feature is not available for purchase invoices, the most accessed document of all. To address this anomaly, Sage will now enable memorized purchase invoices to help streamline your workflow.

Improved Integration with Gmail and AutoEntry

Sage 50 now adheres to all the security recommendations by google, enabling you to simply log in once instead of everyday. With an integration to AutoEntry, users can now record transactions by simply taking a picture of the invoice or bill.

The Need to Update the Sage 50 Canada Edition Program Regularly

There are certain users who might be wondering why it is important for them to upgrade their Sage 50 software regularly. The answer to this question is in fact quite simple: the Software, be it any software, can fall victim to one or more vulnerabilities after a specific time. Essentially, It can be a victim of incompatibility between the Operating system of the workstation’s and the software itself. Likewise it can also be a victim of a certain kind of data leak or break-in.

Hence, in order to avoid such kinds of risky situations, the users should avoid falling behind when it comes to upgrading their software as keeping the Sage 50 Accounting software up to date ensures that the users are getting the maximum output when it comes to performance and efficiency. So, you see, Updating the Sage 50 accounting software also makes sure that the software has been coded with the best level of security and compliance, all the while making sure to provide the users with the advantages that their features can offer.

Let us take a look at some of the various minor details that are worked upon each time the Sage 50 Accounting software declares that they have come up with an upgrade.

The Security

Software, as it can be software, can fall victim to one or more vulnerabilities after a while. For instance, It can be a victim of incompatibility between the workstation’s operating system and the software itself, or it can also be a victim of a certain kind of data leak or break-in. After the updates have been released by the Sage team, it is recommended to install these updates as they also include security patches that work to protect the users and their data.

The Compatibility with Windows Operating System

Each time Windows offers an update for their operating system, the question that comes to mind of the user is ” Will my software be compatible with this Windows update?” In order to answer that question the users are required to upgrade their Sage 50 Accounting software every time so that it remains compatible with Windows.

The Compatibility with Regulations

As most might know, the various regulations in the world also keep changing, hence the Sage 50 Accounting software is required to keep up with these changing regulations. This is an important reason why users are required to keep their software up-to-date.

• Integration with Office: For seamless integration to occur with all of the applications that fall within the Microsoft Office family tree, hence it is important to maintain both of these systems up-to-date.
• The Latest Features: The Users can take advantages from and also avail the latest features such as concurrent VAT and MTD if they maintain their software up-to-date

Also Read : Converting Simply Accounting or Sage 50 Canadian to Sage 50 US Edition

Final Words

So, there you have it friends, these are some of the aspects, facts and features about the Sage 50 Canadian Edition Upgrade. However, if you still require further details about the same, be sure to visit us at www.accountingadvice.co and you will be surprised with the details offered.

Frequently Asked Questions (FAQs)