Sage 50 Canada

Can I generate pending invoices in Sage 50. If so, how?

How does everyone deal with charging interest to overdue sales invoices in accounts receivable? I understand the process in sage, but am having a hard time with the amount of manual work required to simply charge interest. It seems as though there is…

Not sure what is happening...but I can't create delivery orders. Help?! Using Sage 50 Premium Accounting for the SAGE course (Accounting Level 2) with the sample company.

Is anyone else having problems getting their sales estimates to flow to a sales contract to an invoice? I can go from an estimate to an invoice, no problem .... however to go from an estimate to a sales contract to an invoice it will not post. I can email…

How would I enter personal purchases made on a business credit card? I’m unsure which accounts to use. Thanks!

I have started a new Sage 50 company file, taking over bookkeeping for an existing corporation. The fiscal year ended June 30, 2021, so I set up Sage 50 with a fiscal year of July 1, 2021 to June 30, 2022 (this means the earliest transaction date had…

We have recently established a customer account in USD. When we post a receipt we see the following example in the Receipts Transaction Report: 1065 Bank 2587.32 4740 Misc. Revenue 69.67 5800 Bank Charges 10.28 1200 Accounts Receivable 2667…

Client was invoiced May 16, 2019 and paid invoice in full via Interact May 31, 2019 (Year End) . It was not posted by bank until June 4, 2019 (New fiscal year). What do i do for an entry so i can reconcile May and June properly? Thank you

I'm new to Sage and Bookkeeping. I have a client that is so disorganized I could cry. I just got this information regarding outstanding balance from my client. Because I am not able to get a clear understanding of which clients have outstanding balances…

Hello! Is there oppotunity inSage to copy invoices / purchases / journal entries from the previous ones without setting recurring option? I make a lot of similar invoices/purchases where I want to change only customer/supplier or only amount, how…

An employee borrowed money from Company A. Company A wants to give that asset to Company B. What entries do both companies make to record the transaction properly?

Hi, I have just linked our Stripe account with our Sage software. Before I begin using this feature I would like to make sure I have it set up correctly and that I know what the flow of Journal entries will be. When I create an invoice through the…

Hello I have a novice question.... but it is really holding up my production. When I issue an invoice in "Revenues" and then a "Receipt" when payment is made, is that payment automatically linked to the1200 A/R Control Account in the COA? I am carrying…

Somehow my Accounts Payable and Receivable are out of balance to my sub ledgers. The auditors have asked me to post an entry to get them back into balance. Sage won't let me post to these accounts. I assume (hope) it's because of the way the account…

The company I work for is a non for profit agency and I receive restitution and donation payments in trust that then will be paid out to the chosen charitable organization. I am needing help on how to process this type of transaction in Sage 50c. Am…

Our company is CDN but also does business in the US. So, we have set up a US bank account. We invoice our US customers in US funds and they pay accordingly. We also purchase US products (COGS, etc.) and pay for these using our US account. My problem…

I just started in this business a month ago, and the last girl that I replaced was let go, so I have no one to train. This support group is the best I have at this point since we have the 2014 version of Sage 50 and my boss doesn't know how the last girl…

I was wondering if there was a way to move money from a journal entry that created a deposit months ago to a bank account and apply it to an outstanding invoice? The bookkeeper that I have taken over for never really paid any invoices and just created…