Sage 50 Canada

Hi we had an employee use a company account to purchase an item, we paid it already, he now has paid us the cash for the purchase. What do I post and where... do I do a GL entry where I credit the expense account and debit the bank where I am depositing…

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

Hello! I am new to sage and even more daunting, new to book keeping.. How do you deal with your company's petty cash? I have been told I can treat the account like a client and "invoice" it, or I can just post general journal entries to it. We do have…

Hi all, I have to get the petty cash up to date and I want to make sure I will do this correctly. The problem is that there are very old receipts in there which might cause me grief to post since it applies to past years. I have never touched the Petty…