Sage 50 Canada

I have had to amend an HST remittance from last year. We originally received a refund now we owe. How do I record this? and what date would I use?

So our US Bank Account 10250 is showing the correct foreign balance of $20609.18, but is showing Canadian credit balance of $1812.00, and it should be a Debit balance of 26315.86. Any help of which accounts to credit and which ones to debit?

I posted a sales invoice to the wrong customer. It has not yet been paid. When i edited the invoice and changed the customer name, it then applied a CN to the original customer that I cannot access or get rid of?

New to Sage50 CA ... can purchase price variance be tracked in Sage by part number ... as opposed to manual journal entries? Thx.

I posted a prepayment to a vendor in Oct. 2019. This posted the prepayment to the Prepaid Expenses account and was charged to a credit card. In Dec. 2020, they refunded a different credit card. In SAGE, this prepayment is still showing as a credit to…

I have taken over for another bookkeeper and I would like to clean up my daily business manager now. How can I delete some of the items that are not used anymore?

Can anyone walk me through the proper journal entries for this? Just prior to year end I wrote a cheque to a vendor in the wrong amount but posted the correct amount on the invoice. Yes, I still handwrite cheques, lol. As it is a small amount, the…

how do you post a 75,000 contract so it shows in assets in the balance sheet. we are a service company with signed contracts for future work

I have to debit gl 1060 bank and credit gl 1200 accounts receivables. gl accounts receivables will not show up in the general journal entries page. i have read about unlinking account receivables is this the right soulation, if so how is this done…

Hi everyone, I was trying to enter a GL entry. But the column for entering accounts lost somehow. Can anyone know how to get it back? Thanks. Please see the image:

We have a secondary USD Petty Cash, account that should be at $0.00, which it is showing that in CAD side, but the foreign balance is showing -1952.78. How do I clear out the foreign balance but keep Canadian at $0.00?

I double paid an invoice in error, and the vendor cashed the cheque before realizing it. I deleted the duplicate invoice, and entered the amount as a "deposit" instead of an invoice. This left me with a credit on their account of -430.00 They then…

Anyone know the best way to deal with reimbursing an employee with a cheque while keeping the supplier invoice in our system and show both as paid? I want to keep a record of all invoices from the vendor in their file so we have a complete record of all…

Hello, I recently converted to Sage 50 Premium from Accountant Edition and I was previously able to make adjusting entries to GL 1200-1300-2100 now it is not allowing me to do this ( when I converted I was assured that the premium version had all the…

I have an Invoice which is paid (Received) but it Shows Unpaid. I have 2 different numbers for the same Company on RDA ! Sage is acting weird (Version 2021). Not sure anymore of my Payables / Receivables. !!!

I have a few customers paying by credit card. I use strip which charges a percentage plus a small transaction fee. If I go into simply to set up the credit cards accepted location it only lists a percentage discount. The problem is I not only have that…

Hi , I have a resident who has been charged Poll tax for 5 years and has recently proven that he was exempted from that tax, how do I credit these invoices.

My accountant has given me some Journal Entries to close a business and one is as follows: Vacation Payable 2360 Debit 1389.00 Retained Earnings 3560 Credit 1389.00 My problem is that the system won't let me access Vacation Payable 2360 in order…

Hi...I am having trouble reconciling my bank. I issued an extra payment to an invoice that did not exist with vendor. They pointed it out, i removed the invoice instead of reversing the payment. The cheque does not exist so therefore 1) Reissued cheque…

I have an adjusting entry from the accountant which is to clear an accounts payable account and purchase prepayment entry. If I do an invoice it goes to accounts payment what is the account I charge it to. Should it go to suspense but then how do I clear…

Hi We have a consulting project that required 10% holdback be taken on all invoices. This was missed in the RFP and brought to our attention after the 2nd invoice was issued. The customer sent a cheque for the first invoice less the HB (they adjusted…

Hello, I completed a paycheque and forgot to allocate jobsite hours. Best way to add? Adjustment? Did NOT do a cheque run. Thank you

I have just noted a difference of 0.01 between my A/R balance and Unpaid invoices when I ran a Data Integrity Check. When I investigated, I found that the difference arose on the translation of a foreign currency receipt to the home currency. The translation…

Currently I am running different locations on the same Sage account. I would like to generate on my income statement the following categories but when i make the account it gives me an error message 5200 purchases 5201 Store A purchases 5202 Store…

Upon trying to apply a partial Credit Note to a purchase invoice (of lower value) it seems I am not able to keep the remainder of the Credit Note but it has debited the whole remainder into my bank account. I used the Payments window and selected the…