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Sage 200cloud 2020 R2 is now available for customers to upgrade. This release focuses on updates to the product to support the UK transition from the EU, including:-

  • Postponed Accounting – UK, New Vat Terms/ New Vat Rates within Vat Rate Details section.
  • Intrastat – Record arrivals for GB countries.

If you have not upgraded in some time you’ll receive the benefits and enhancements from all previous seasonal updates. Visit our main Sage 200cloud hub here for more information. Contact Century to book your remote upgrade at a time to suit you.

Detailed update notes:-

Feature Explanation Benefits
Product updates to support the UK transition from the EU

Updates to the product to support the UK transition from the EU.

  • 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 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

Helping prepare for the UK Transition

Sage 200cloud is here to help as the UK transitions to exit 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