Sage 50cloud add-on payment processing and direct payments

Sage 50cloud Accounting EFT Direct lets you quickly and easily transfer data from your accounting files to your financial institution. You are quickly able to perform employee and vendor direct deposits as well as customer pre-authorized debits. This simple but powerful program makes it easy to use electronic banking to make payments to vendors,¹ receive payments from customers, and pay employees in Canada or in the US.² Using EFT Direct does not change your Sage 50cloud Accounting data in any way. The program reads data from Sage 50cloud Accounting and uses it to create its own files for transmission to your bank, leaving your Sage 50cloud Accounting data intact. Some key benefits of using Sage 50cloud Accounting EFT Direct are :

• Enhanced accuracy
• Lower risk of fraud
• Reduced transaction processing time and costs
• Less delinquent payments

With Sage 50cloud Accounting EFT Direct, you can take advantage of the lowest fees on the market for customer collections, bill payments, and employee direct deposit. By processing payments directly through your bank, cutoff times can be as low as 24 hours before the payment is due. You work directly with your bank – no third party payment processor is required.

Sage 50cloud Accounting EFT Direct is available for Employee Direct Deposit, Vendor Direct Deposit, and Pre-Authorized Debits. A product license fee³ applies. Additional bank fees and setup may apply.⁴

Apply for EFT Direct or call 1-888-261-9610

If you are currently on a monthly subscription, please call 1-888-261-9610 to purchase EFT Direct on a monthly plan.

1. In Canada, this is referred to as EFT (Electronic Funds Transfer) or AFT (Automated Funds Transfer). In the US, these funds are cleared through ACH (Automated Clearing House).
2. All payments in Canada must be in Canadian funds. All payments in the US must be in US funds.
3. Annual fee subject to renewal.
4. You must contact your bank for the information requested in the Sage Simply Accounting EFT Direct setup window. Your bank may apply its own fees. Note : RBC, TD Canada Trust, Bank of Montreal, HSBC, Scotia Bank, Desjardins and Alberta Treasury Branch are just some of the banks that support EFT Direct. Please check with your bank to ensure it works with EFT Direct.

Given that 1 in 3 Canadians have been hit by identity fraud, the question isn’t whether it’s going to happen to you – it’s when. That’s why Sage has partnered with D + H Retail Solutions to offer our customers ID Assist. It’s the early warning system trusted by 500,000 + Canadians and most major banks. ID Assist alerts you to signs of trouble so you can limit the fallout and reduce the burden if you do need to rebuild your identity.

Here’s what ID Assist does for you :

• Monitors public, underground and black market websites for your registered personal and financial information, 24/7/365.
• Alerts you if a breach is discovered – via email, text, or mobile app – so you can take informed action.
• Restores your identity and re-establishes your personal and financial information if you've been a victim.

Protect what matters most. You. Find out more at https://pages.idassist.com/sage/

Improve data accuracy and save time administering your workplace savings plan with our integrated solution.

Sage has partnered with Manulife Financial to offer the Voluntary Retirement Savings Plan (VRSP) to our customers in Quebec with an integrated payroll solution to simplify the ongoing administration of the VRSP. Manulife can help you meet the new Quebec legislation requiring every business owner, with five or more eligible employees, to offer a workplace savings plan.

Learn more or call 1-855-323-1080

Custom Accounting Reporting with Sage 50cloud Intelligence Reporting

Get customizable Microsoft Excel - based business accounting reports, automatically updated with real-time data, so you can access the information you need to make swift, confident decisions. No manual exporting, consolidating, or cutting and pasting data. No broken formulas to fix. No fussing over formatting. With Sage 50cloud Intelligence Reporting, find the reported information you need right when you need it.

How much does inefficient reporting cost your business ?

Read Customer Success Stories

A and B Tool Rentals

Why Intelligence Reporting is Important for Small Businesses

Critical Information Made Visible

Sage 50cloud Intelligence Reporting gives you customized reports, on-demand, without having to manually update any spreadsheets. It pulls real-time information directly from your Sage 50cloud Accounting system—and even other databases—into any Sage 50cloud Intelligence Reporting report template you've saved. Drill-down for more detail, slice and dice to find the answers you want, and make informed decisions with confidence.

Spreadsheet Based Reporting Inside your Sage 50cloud Accounting Software

Who doesn't love quick ROI ? Sage 50cloud Intelligence Reporting is ready to launch from within your Sage 50cloud Premium Accounting or Sage 50cloud Quantum Accounting software. It's Microsoft Excel based, so the tools and features may already feel familiar and intuitive, and it comes with 18 powerful and useful standard reports you can produce right away :

• Inventory Analysis
• Company Dashboard (view sample dashboard)
• Projects Report1
• Sales Analysis
• Sales Top 10
• Income Statement - Current Month & YTD
• Income Statement - Comparative Financial Report - Actual vs. Budget
• Income Statement - Comparative Financial Report - Actual vs. Prior
• Income Statement - Comparative Financial Report - Actual vs. Budget vs. Prior
• Income Statement - Monthly, Quarterly and YTD Financial Report
• Balance Sheet - Current & Prior Year
• Balance Sheet - Comparative Financial Report - Actual vs. Prior
• Balance Sheet - Monthly, Quarterly and YTD Financial Report
• Detailed Employee Hours and Wages by Job Category
• Summarized Employee Hours and Wages by Job Category
• Employee Wages by Departments
• Employee Hours and Wages by Project
• Financial Report Designer
• Receive timely business reports on the go
• View graphical trend forecasts of key business data
• View detailed descriptions of the standard reports and their benefits
• View sample reports in a Microsoft Excel format

Role-Based Security to Protect your Data

Security controls give you the ability to set access to information based on the user's role. Protect the integrity of sensitive or confidential data.

Extraordinary Intelligence Reporting at a Realistic Price

Get the powerful functionality and flexibility of a business intelligence solution designed specifically for small businesses ! You don't have to be a programmer to get the data and you don't need to be an accountant to interpret the data. It's designed for easy adoption by small businesses, at an affordable price !

The Flexibility of Customization—Without the Frustration

You or your accountant can custom-design almost any report you need, giving you total control over your reporting process. Every customization you make can be saved for future use, sparing you time and effort.

18 dashboard, sales, inventory, project, payroll, and financial reports included !

View detailed descriptions of the standard reports and their benefits

Sage 50cloud Intelligence Reporting is available for Sage 50cloud Premium Accounting and Sage 50cloud Quantum Accounting customers.

Call 1-888-261-9610 to buy or learn more.

Not ready to buy yet ? Try Sage 50cloud Intelligence Reporting free for 30 days.

Endorsed Solutions¹

Endorsed Solutions meet rigorous strategic, technology and integration criteria and have been hand picked by Sage. These solutions solve unique business issues and optimize the performance of Sage 50cloud.

Select a Sage Development Partner add-on solution or service from the categories below :

• Construction
• Customer Management
• Data Management
• Distribution
• Document Management
• E-Commerce
• Expense Management
• Financial Management
• HR/Payroll
• Inventory Management
• Manufacturing
• Marketing
• Mobile Solutions
• Not for Profit
• Office Productivity
• Operational Management
• Payment Solutions
• Point of Sale
• Project Management
• Sales Management
• Service Management & Support
• Supplier/Partner Management
• Utilities and Accessories

1. Third party add-on products and services and Endorsed Solutions are provided by third party vendors. Sage and its affiliates are in no way liable or responsible for claims made related to the products or services provided by third party vendors. Sage does not guarantee the quality of third party products or services. Please direct your inquiries regarding third party products or services to the appropriate third party vendor.

Bank transactions with HSBC automatically sync into Sage 50cloud, saving you time spent entering data.

Reconciling Sage 50cloud with HSBC means you can :

• Get a real-time overview of your transactions
• Save time on manual entry
• Reduce errors
• Set rules to automatically process transactions¹

1. If you have an active Sage Business Care plan you can connect to Sage Bank Feeds immediately. In Sage 50 go to the Banking module, then click the icon Match Bank Transactions dropdown menu and select Connect to Sage Bank Feeds.