Sage 50 Canada

While setting up a new company I opened a combined prepaid Insurance Account for three types of Insurance. Now I wanted to open individual Accounts and track them separately . How can I make this correction?

I'm not sure how to make this change. We currently have our invoices being posted and this will not change. We create a check to pay this invoice; but thinking of changing this to do an EFT from our bank account. I'm not sure how this will affect the…

Hi there, I am setting up the Receivor General Vendor as a vendor for payroll remittance for one employer our company has. I am trying to determine what is the expense account to list with it? Presently I have 5680 Income taxes but I don't think that…

How do I enter start up costs for my corporation that were paid from personal accounts prior to start up? I would like to show the costs as investment to the business, and properly show the expenses to the business. I have read some posts regarding…

Which account do I charge the initial purchase amount for a new business? (The amount does not include inventory) I do not have the information to break it down to Vehicle, Goodwill etc but I believe the accountant will have to determine that and adjust…

I am using the 2009 premium version. Our company pays sales reps solely on commission. Those commissions vary frequently due to experience, financing approval, etc. Should the sales people be added as employees (with no deductions) or vendors? I am assuming…