Sage 50 (2015) will be launched in Aug 2014

Sage 50 is launching its new version this coming August 2014.  There are many reasons to get your copies of Sage 50.  First it  has been approved by Royal Malaysian Customs Department (RMCD)  as one of the IT vendors for GST accounting software. Second, it also comes with many bells and whistles that many business owners are asking for in their accounting software. Before we zoom into  Sage 50 , let learn a little bit more about Sage and Sage 50.

Is Sage new ?

Since 1988, some of the users (500,000) has been using  or been taught on Sage UBS product. It has been the faithful accounting software serving 200,000 companies and it is still growing strong. Sage continues  to listen to their customers and their partners and  developed Sage 50 a few years ago.  Sage 50 is built with  more advanced  features such as , analytical, forecasting, budgeting, multiple currencies, multiple years data and many more. Sage 50 vs Sage UBS Battlecard

Sage 50

Sage 50 suite of solutions cover requirements from simple billing and cash management, to full accounting and inventory management. Usability is guided by simple and direct business processes, enriched with many reports and business intelligence tools. Some of the keys benefits of Sage 50 is listed here.

Sage 50 is available in 6 different functional packages,

Suite
Configuration
Solution
Pricing


Sage 50 Billing 
Single User,   Up to 3 Companies
Billing and Cash Flow
RM 299 Single User


Sage 50 Accounting Express
Up to 5 Users, Up to 10 Companies 
Billing, Cash Flow and Basic Accounting
RM 499  Single User and RM 200 Per Additional User Pack


Sage 50 Business Express 
Up to 5 Users, Up to 10 Companies 
Billing, Cash Flow, Basic Inventory and Standard Accounting
RM 999  Single User and RM 300 Per Additional User Pack


Sage 50 Accounting Professional
Up to 20 Users, Up to 25 Companies 
Billing, Cash Flow and Advanced    Accounting
RM 1499  Single User and RM 500 Per Additional User Pack


Sage 50 Business Complete 
Up to 20 Users, Up to 25 Companies 
Billing, Cash Flow, Standard Inventory and Advanced   Accounting
RM 2399 Single User and RM 700 Per Additional User Pack


Sage 50 Business Premium 
Up to 30 Users, Up to 50 Companies 
Billing, Cash Flow, Advanced   Inventory and Advanced    Accounting
RM 2999 Single User and RM 900 Per Additional User Pack

Contact us for more information or demo on Sage 50 .

Upgrading your Accounting Software for GST

Some companies might have started registered themselves for GST. This is the start of getting your company ready for GST.

Next, how about your accounting software ? What should you do with your accounting software ? You have many choices (or do not know the choices) and wonder which one is the best for you and your company.

a) Buy or upgrading the current accounting software ? which software is good for me ?
b) Is there any new requirements (e.g. business workflow or Reports ) or multiple users environments that you need in the new accounting software ?
c) How about the hardware/server or even the desktop ? Will be need to be upgraded ?
d) how about user adoption on the new system ? or training on the new modules ?
e) what is my migration data strategy ?
f) How about timeline ? will it be ready on time?
g) Should I have my team used both or single system ?

There are no one fit all solution and we will be happy to discuss the options with you.  I also make reference to recent articles in thestar  website about the needs for  Firm  to have accounting software early to avoid any last minutes issue.

http://www.thestar.com.my/Business/Business-News/2014/07/11/Firms-need-to-upgrade-accounting-software/

KUALA LUMPUR: Many businesses are unaware that they need to upgrade their accounting software to comply with the looming goods and services tax (GST), said tax consultant Yong Poh Chye.

Yong, who is executive director of Tax Advisory and Management Services Sdn Bhd (TAMS), warned that such software upgrades could not be done at the last minute, as extensive preparation was required.

He said that steps to take include engaging a GST software consultant and identifying key staff to assist with implementing the GST accounting software.

“I think it is high time to adopt the system now. If you can do a trial run with a live GST database by Jan 1, as well as simulate a submission of the tax returns, then you can be prepared by April 1,” he told reporters after speaking at the National GST Conference 2014 in Kuala Lumpur yesterday.

Yong also urged businesses to realise that despite the big number of software vendors nationwide, only 55 were accredited with the Royal Malaysian Customs Department.

Noting that it has been estimated that the software industry would grow by 8% to 10% this year because of the boom in GST software, he urged companies to do their research before purchasing.

“So one way is to come here (to the conference) and look at the GST software exhibition booths so they know which products are suitable for them.

“The most important thing is that the software must be GST-compliant according to Customs’ requirements,” he said, adding that the software included GAF (GST Audit File) and GST-03 (Tax Filing).

According to Customs, GAF must be available on demand, while GST-03 is dependent on the company’s taxable period.

Yong also advised businesses to take advantage of GST-related booklets containing all the necessary information, as the implementation of the new tax system was less than a year away.

The two-day National GST Conference 2014, which ends today, is organised by the National News Agency of Malaysia (Bernama) and TAMS to equip industry players with the knowledge and capability to comply with the upcoming GST.

Bernama general manager Datuk Yong Soo Heong said that it was exploring ways to help the Government amplify its development policies and plans, following its successful hosting of the National Economic Summit and Dialogue with Prime Minister Datuk Seri Najib Tun Razak in March.

Besides its news reporting activities, he said Bernama could deliver more through other types of formats and platforms.

“In this case, we wanted to help the Government clear the air on an important issue that is still not fully understood by many – the GST,” he said, adding that it wanted to fulfil its responsibility as a useful and credible information provider.

Separately, the Real Estate and Housing Developers’ Association of Malaysia (Rehda) wants banks to look into financing second-hand houses and renovation costs.

Rehda patron Datuk Ng Seing Liong said there were many second-hand houses that were actually more affordable compared with new houses within the same area.

“Furthermore, for the second-hand houses, we don’t need to pay the GST… but the banks are not really coming forward to lend,” Bernama quoted Ng as saying. — By ISABELLE LAI

Launching New XPOP Table Multi-Touchscreen 47″

We are delighted with the launching of new XPOP Table touchscreen (XPOP-MT47)  in Malaysia.  Table Touchscreen has been popular in many countries such as Korea, Japan and United Kingdom but it is pretty new in Malaysia. It has been used in restaurants, pubs, libraries, schools, museums, directory services and others.

Starbucks Korea has been using Table Touchscreen since 2009   

The benefits of Table touchscreen used in restaurants, pubs or even coffee shops as it increases the customers sastifaction. Customer can order their foods or drinks at their seats, play games with their companions (rather than focus on individual handphone). It also can be served as advertisement or promotion update for the customers.

Xpop-MT47 is definitely one of its kind in Malaysia. It is  the lastest generation Multitouch screen Table  manufactured from Korea.

XPOP-MT47-20-1

It is designed in elegant way and with slim top.  It has  round-edge design which is one of  signature design for XPOP digital signage.  The glass top is tempered glass and heat resistant (i.e hot drinks); this makes it suitable for deskstop. With the popularity of touchscreen of  ipad and also  touchscreen mobile phone, customers  are expected to have  touchscreen ability on all digital signage. With the X-POP–MT47 multi-touchscreen, organisations can design more creative application for their customers.

Do contact us for more information info@ask4key.com or Contact us 

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