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  • Total newb needs help with setting up inventory and accounts

    Hi, I'm trying to setup Sage 50 and I'm becoming more and more confused! I do use Sage at my day job for entering payables and receivables, so I'm familiar with a lot of the program, but not familiar how to set it up to use for my side business making…

  • Online Business (amazon) and Account setup

    I'm new to Sage, I've used quickbooks in the past and I work as an accounting clerk using Microsoft products so I have some knowledge but not formal accounting training. I'm just setting up in sage, I have sage 50 premium so that I can do FiFO inventory…

  • RE: COGS will not show in Income Statement

    Hi Cabodreaming, The reason why you have no COGS when you do a sales with that item is because you do not actually stock that item as you mention. If you look at the inventory record of that item and go to Quantites tab, you must have a negative number…

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