Sage 50 Canada

Is there a way to merge two Accounts Payable or two Accounts Receivables that should be the same account, but are missing a word ie Ltd or Inc at the end?

Hi there, I just started working with a new company, and noticed an outstanding receivable from a customer that was actually paid to the bank, but was not receipted in sage. So is still showing outstanding a few months later. What is the best way to…

IN DECEMBER I HAD A CUSTOMER WISH TO PAY A CERTAIN AMOUNT TOWARDS HIS SONS ACCOUNT AS A GIFT (WE DO NOT ISSUE GIFT CERTIFICATES) BUT IN A SENSE LIKE A GIFT CERTIFICATE SO I CREATED A RECEIVABLE INVOICE APPLYING IT TO MISC. SALES (REVENUE ACCOUNT) TO…

I need some insight on how to make adjusting entries for expense accounts from 2018 to 2019 that were not claimed for 2018 Taxes. I need to carry forward the amounts I made from receipts and Invoices that were charged and paid for in 2018. For example…

Hi We had an employee go on maternity leave, for just under a year. We continued to pay her medical insurance. There were no weekly entiries made, as it normally came off her check . Now that she is back, i need to figure out how to enter her payments…

I entered an invoice in error (I forgot to enter the price - did not have cost/price when I posted it) when I try to reverse it says I must do it manually. What do I do?

Hi I'm using Sage 50 Premium - I received a deposit from a customer for goods yet to be delivered. However, the deposit was overpaid by about $20,000.00 which I have refunded to the customer by hand-written cheque. This still leaves a large deposit from…

We had been given prepaid deposits from clients on a couple of orders. I have $0.60 left on one acct and $5.20 on another. Our accountant wants me to move these amounts from the prepaid acct to our A/R acct. So I was planning on creating Invs for these…

How do I issue a refund to client client who has overpaid? Cheque was deposited and overpayment was posted as a deposit.

We have a company that we buy lab supplies and also have a service contract. Since it's the same company, I have to remember to change the account when I post the Service Contract which I forgot twice. One is posted in the previous year (15/01/2015…

My accountant has requested a series of Adjusting Journal Entries, including adjustments to Payable and Receivable Accounts: Here is a sample: 31/12/14 Accounts Receivable XYZ Inc - Account No. 1205 - Debit - 7592.20 31/12/14 Accounts Payable -…

I am currently trying to reverse older invoices as opposed to writing them off to bad debt. I am able to pull up the old invoices, but upon clicking the "Reverse Invoice" button I receive a message that says "The transaction cannot be adjusted because…