Sage 50 Canada

My client is a sole proprietor. He purchased a vehicle with sole proprietor funds and said he will be using it 50% for company and 50% for personal. He also financed the purchase with payments coming out of his sole proprietor account. He does not have…

Hi I posted an entry in the general ledger but I realized I should not have. How do I do that?

Hi, This is my first time handling the wsib payment received due to having injured worker. I would like to know how will I make an entry correctly. Should I create other revenue or expense account (based on what I read on wsib website, to declare it…

Hello everyone, I have a problem with Vendor's prepayment/Direct deposit and customers who paid in advance to buy but can't able to record for example whenever I open the payment window from the panel if I select direct deposit this message popups if…

Hello all. I’m new here, so I hope my question hasn’t been asked too many times. I have a small online shop, whose profits i will share with a local charity. Before I can calculate my profits, I deduct a handling fee which I’m trying to account for…

I can't get the current year in the match transaction window. Working in 2020 but it won't let me enter anything after an oddball date of May 7, 2018

I have a resolved amount of -$9829.88.. but no discrepancies or unresolved amounts. Is this going to cause problems down the road, what can I do? What causes this?

I have 150 Tenants set up as recurring transactions for monthly rents starting on the first of each month. I clear each of them as they appear on the bank statement. What happens when one of the rents comes back as NSF? Will this show on the tenants sales…

I am a newbie user taking over from previous bookkeeper. I've added a new vehicle under account class as a current liability. But I'm not sure how to input the $ value for the balance. Is it something I would add to the general journal? I'm using…

I don't know how to fix this problem. Outstanding balance over the bank rec doesn't match with the actual outstanding balance. There is an unresolved amount $-25,025.01. Can I change the statement end balance in order to change outstanding balance…

Hi, A manager uses her personal credit card for work/office-related purchases only. I've been keeping track of this and ensuring that she is reimbursed correctly, etc. She has given me her credit card statements to help with this. She ordered an item…

We recently moved into a new office where we must have an alarm system for which we pay a monthly fee. Since our alarm system relies on our phone lines, do I put this monthly charge into the account I use for phones, "5780 Telephone"? Or maybe I should…