Sage 50 Canada

Looking at an Income statement for a period, under Payroll Expenses is "Wages & Salaries" along with EI and CPP employer portions. Clicking on "Wages & Salaries" here opens its General Ledger and Vacation pay amounts are not included. Do we have something…

We are in the final stages of building a house that we will rent out. I have set up a project to track expenses and revenue, but not entirely sure on the accounts to use. Would I set up an expense account for appliances 5115 and an asset account 1840…

Hello, I am working with a client that uses the business card for a lot of small purchases and provides the receipt as an expense. Meals, Transporation, Small tools/hardware. I did not want to enter these as a "payable" individually and began compiling…

owner used his own personal bank account to pay(interact) for some opening expenses on new business he has opened. A account that I will not be reconciling. He did this before a seperate bank account and visa were set up. This a partnership. How would…

Hi, I'm a new bookkeeper and asked my bookkeeping mentor about posting receipts with GST/HST amounts in Sage which require record sales taxes business paid. Do I have to record sales taxes paid by business if I don't collect them at the end of the…

I am an accounting/ bookkeeping newbie so please excuse the ignorance on my part. I have a small incorporation I started up in my home and currently pay about $80 a month for home internet charges which I pay personally. I would like to apportion about…