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Download Sage 50 Accounting 2023 – Canadian Edition (Latest Release)

Download Sage 50 Accounting 2023 - Canadian Edition

Sage 50 2023 Canadian Edition is here, with new features that enhance the efficiency and effectiveness of the software. The payroll feature is a lot more flexible while reporting is more efficient than before. You can easily create reconciliation statements and identify any errors in your data. Apart from new features, the software also includes better compatibility with third party programs such as Microsoft Office. Enhanced security ensures that your data is completely secure. And the all new look of the software facilitates navigation of this simple, yet sometimes complex accounting software.

In this post, you’ll learn how to download Sage 50 2023 – Canadian edition.

System Requirements for Sage 50 2023 – Canadian Edition

Despite being a data processing software, Sage 50 2023 Canada Edition has the same system requirements as that of the 2022 edition. And considering the vast number of new features introduced, the low system requirements has astonished many software experts.

Here are the system requirements for Sage 50 2023 – Canadian Edition:

  • Chipset with a clock speed of 2.0 GHz for individual and multiple users
  • Memory of 2 GB for individual and several users
  • Compatible browsers: Browser 10.0 and 11.0 (version 11.0 and higher with Sage Payroll Solutions, Sage Payments Solutions and other Connected Services integration)
  • Microsoft®.NET Environment 4.7.1, incorporating DirectX Api for.NET; an extra 280 MB to 850 MB of high-color (16-bit) SVGA graphics is required. Recommended screen is 1280×800; optimum size is 1440×900 or greater; tiny fonts/DPI parameters are necessary.
  • All digital products and functions need increased Web connectivity (To get the best experience, download speeds of a minimum of 25mbps and upload speeds of a minimum of 10mbps)
  • Sage Drive firms are limited to a maximal data size of 5 Gigabytes.
  • Operating system installed with one of the most current Microsoft updates
    • Windows 8 by Microsoft
    • Windows 7 (Microsoft)
    • Windows Server 2008 R2 
    • Windows Server 2012 R2
    • Windows Server 2012
    • Windows Small Business Server 2008 R2.
    • Windows® 7, 8.1, or 10 (Commemorative Edition and above – edition 2019.1 suitable with Windows operating system v1803) with some of the most frequent improvements from Microsoft For installation, Microsoft allocated 1 GB of storage space.
  • Microsoft Office Excel, Word, and Outlook versions higher than 2003. Or a Microsoft Office 365 membership.
  • Adobe Reader 9.0 needs a machine as well as appropriate software in order to print documents.
  • If you wish to load Sage 50 2019 from a CD or DVD, you’ll need a DVD-ROM.

Download Sage 50 2023 – Canadian Edition

Before you download Sage 50 2023 Canada edition, you should check the system requirements because, if your system doesn’t meet the minimum threshold for running the software, then the installation process will result in an error.

Direct download link: Sage 50 2023 – Canada Edition.

Install Sage 50 2023 – Canadian Edition

After you’ve downloaded the Sage 50 2023 setup on your desktop or server computer, you can begin with the installation process. You can install the software on a local machine or a server computer.

Choose between local and server installation

  • Local installation: if you want to use Sage 50 2023 on a single computer, then installing locally on a computer is preferable.
  • Server installation: if you want to use Sage 50 2023 in multi-user mode or you want to store your data on a remote server, then choose server/network installation.

Steps to install Sage 50 2023 – Canadian Edition:

  1. Double-click on Sage 50 2023 setup file to launch the setup.
  2. Install the individual components required to install Sage 50.
  3. Pause your antivirus program, and click on Next.
  4. Agree to the Terms and Conditions, then choose Next.
  5. Choose the option, “Auto configure the Windows Firewall to allow install and run Sage 50 (recommended)”, then choose Next.
    Note: manually configuring windows firewall can be really difficult, so use the installer to configure the firewall for you.
  6. Input the serial number or activation key, and click on Next.
  7. When prompted with “Will this be the only computer running Sage 50?”, click on Yes, then Next.
  8. In the Install Options window, choose the location to store the program files and the company files. 
  9. Choose Install.
  10. Click on Finish when the installation completes.

Steps to Install Sage 50 2023 Canadian Edition on a Server

  1. Double-click on Sage 50 2023 setup to launch it.
  2. For the prompt “will this be the only computer running Sage 50?”, click on No, then on Next.
  3. In the Sage 50 Company Data Files Storage window, click on “This computer is the server”, and select Next.
  4. Recheck your selections of installation options.
  5. When the Sharing Company Data screen appears, click on Share the Folder, then on Next.
  6. Follow the rest of the instructions to finish the installation and then input the serial number and activation key to activate your software.
  7. Launch any company file in Sage 50 2023 to upgrade it, or create a new company file.

Now you have to install Sage 50 on workstations connected to the server.

Steps to install Sage 50 on workstations connected to the server:

  1. Use the instructions provided by the installer to proceed with the installation.
  2. Go to \\[nameofyourserver]\PeachtreeInstaller20xx\ and double click on ClientInstall.bat.
    1. Alternatively, you can double click on Setup.exe in the same directory and launch the ClientInstall file.
    2. Choose No when prompted “Will this be the only computer running Sage 50?”. Click on Next.
    3. Choose the option “A different computer on the network is the server and will store Sage 50 company files.”
    4. Choose “I confirm that Sage 50 has already been installed on the server.” Click on Next.
  3. Choose the directory in which you want to install Sage 50 2023.
  4. Follow the same instructions to install Sage 50 2023 on each of the workstations.

You can use UNC paths to choose a company file location. Steps to use UNC path to install Sage 50 2023:

  1. While installing Sage 50 2023, in the Company Data Files location window, click on Browse.
  2. In the input box, enter the server’s IP address or the name of the server.
  3. Recheck the location for the company file in the bottom right corner of the installer window.
  4. Input the credentials to log into the server, then choose Ok.
  5. Click on Install after verifying your selections.

New Features in Sage 50 2023 – Canadian Edition

In this section, you can explore the various new features in the 2023 edition of Sage 50.

1. Update payroll information seamlessly

You no longer have to re-key data to update employee information in Sage 50. The 2023 edition of Sage 50 enables you to update employee information while you’re running payroll.

Further, you can create new employees without entering their payroll details in order to store information for employees whom you don’t have to pay.

Note: you’ll require an active subscription of Payroll service to get access to this feature.

2. Easily create reconciliation statements

To create reconciliation statements, you need to match transactions appearing in a Sage 50 account with those in your bank feed. 

With Sage 50 2023, you can create custom bank rules that enable the software to apply the rule on any transactions that come from bank feeds or that are uploaded manually by the user.

Note: you need a plan that includes bank service; otherwise, you won’t have access to this feature.

3. Create payment stubs during the payment process

Whenever you make a payment to a vendor with cash or credit card, you can send a payment stub to the vendor. The invoices that you’ll pay during this payment process will be included on the payment stub.

4. Extended email feature

Because some organizations create random and long email addresses, Sage 50 now supports employee email addresses of up to 129 characters.

This change comes primarily because of the demands of some enterprise users.

5. Improved support for Microsoft Applications

Most users rely on applications in Microsoft office suite, applications such as Excel, Word, Outlook, etc. 

While earlier versions of Sage 50 encounter errors when integrating with these applications, the 2023 version of Sage 50 supports both 32-bit and 64-bit versions of Microsoft Office.

6. Better accessibility

To improve user productivity, Sage 50 2023 comes with additional shortcuts on the home window and support for new desktop shortcuts.

The number of shortcuts on the home screen has been increased from 10 to 25 so that users can enjoy the maximum flexibility while improving access to the most important tools. A shortcut that gives you quick access to support resources has also been introduced in this edition.

7. Additional fields and new icons

As you may know, some banks require additional information on deposit slips. Because of the limited number of fields available in deposit slips, users could not include the required feature. However, the 2023 edition of Sage 50 offers additional fields in which you can include additional GL accounts using the Sage 50 Forms Designer.

8. Updated user interface

Along with a modern look, Sage 50 comes with a redesigned icon, which has a brighter green color and which looks more appealing than the precious one. The combination of green, while, and black makes the logo simple yet elegant.

9. Enhanced database security

Because of security concerns, Sage 50 2023 comes with a major upgrade for database security. The software now supports longer and more complex passwords, which are impossible to crack via a brute force attack. The maximum characters for a complex password has now been increased to 129 characters.

They’ve also upgraded the Actian Zen database engine to version 15.1, which offers the following benefits:

  • Complete compatibility with Windows 11 and its updates
  • Security countermeasures to secure your financial data
  • Improved performance and stability

Upgrade to Sage 50 2023 – Canadian Edition

Here’s the process for upgrading to Sage 50 2023:

  • When prompted to upgrade to the latest edition, choose Yes. Alternatively, you can go to Help > Upgrade your Sage 50 product. You can then choose the edition that you want to upgrade to.
  • Follow the process provided in the installation section to install Sage 50 2023 on your system.
    Note: the previous edition will automatically be replaced by the new one.
  • Choose the Company File that you want to open.
  • Enter the authentication details for the company file.

Upgrading the company file was a major problem for many users because an upgraded company file cannot be downgraded in the future. So the Sage 50 2023 company file will run easily with the 2022 edition.

Note: if you don’t have a subscription based service of Sage 50 2022, then you’ll have to purchase a license for Sage 50 2023 to upgrade the product..

Conclusion

With additional features that increase the software’s efficacy and efficiency, Sage 50 2023 Canadian Edition is now available. While reporting is much more effective than before, the payroll tool is much more versatile. 

It is simple to make reconciliation statements and find any data mistakes. In addition to additional capabilities, the software has improved interoperability with other products like Microsoft Office. I hope that you found this article information helpful.

FAQ

When will the Sage 50 2023 Canada edition be released?

The Canadian edition of Sage 50 2023 was released in early September, 2023. The US edition may be launched in December after the release date was postponed from summer to fall.

Can I upgrade to Sage 50 2023 from Sage 50 2022?

Can I continue using Sage 50 2022 instead of upgrading?

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