• Vacation Pay - confused about expense vs liability

    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…
  • Income Statement Not Showing Income

    I have upgraded our system to the new Sage and now the our income statement shows no income. We are a not-for-profit association and have 10 revenue accounts that we use for invoicing our customers, but when I create a receipt for that invoice, it does…
  • Income Statement info for Tax filing...

    I am trying to get ready to file our taxes, I have been using the Income Statement Report for the tax year of 2014 to filll out my taxes, but I realized that the statement includes invoices dated Dec 2014, but payments were made/received in Jan 2015,…
  • creating a custom Income Statement

    I have the following 4 revenue accounts: Part (4010). Labour (4020) Paint (4030) and Rentals (4040). I also have the cost of goods that correspond with these: Parts (5010), Labour (5020) Paint (5030) and Rentals (5040). Is there any way I can generate…