• Cashflow Statement - A/P operating vs investing activities

    Hello, I am trying to produce a reliable and accurate cashflow statement in Sage 50 Quantum Accounting Canada. To me, a cashflow statement should start with net income, then take into account cashflow adjustments from operating activities, investing…
  • posting to future fiscal year

    Is there a way to post a payable and payment to the next fiscal year?
  • Catch-ups for multiple year ends

    Hello, I've come back to work doing bookkeeping and I have two clients that need their bookkeeping records caught-up, both use Sage 50 Premium (2022). Their accountant told them to get Sage Accounting, wouldn't have been my choice given the restrictions…
  • RRSP and Health Benefits paid by Employer but not a group plan

    I have an unusual situation. The employer is too small for Group RRSP, so they have agreed to pay one employee a rrsp contribution each paycheque. The amount is $100.00, which then the employee is responsible to contribute to an RRSP. How do I record…
  • Rename custom field names under the "Additional info" tab to something other than "field 1" ?

    Can you rename the custom field names under the Additional info tab to something other than "field 1" ? I need to add a customer & vendor ID to each customer/vendor record to run integration from another software. Since Sage 50 does not have a visible…
  • Setting up accounts to show expenses and assets

    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…
  • Sales Receipt from a Receipt Printer

    I feel like I am missing something. Our old simply was set up with a receipt printer that printed an itemized receipt like you would see in any retail store. The printer uses a 3 inch wide tape and there was a template in the old version but unfortunately…
  • Sage 50 Premium Edition Reports and Forms

    Upgraded to Premium from Pro and unable to use our saved custom sales form and when customizing journal, print preview does not look like the actual form. Also unable to create a text field to type work order number in manually under date field.
  • Why do we only own this product for 1 year even when we purchase it outright?

    My business purchased 2018 Sage 50 Canadian Edition. I used it happily into 2019. I needed to revisit the files but found the program had been lost through time. I just spoke to "technical support" and was told they "don't have the 2018 version anymore…
  • Phone allowance benefit

    I have setup a phone allowance as a taxable benefit and now the system is autogenerating an entry to, essentially, a non-existent account called, 'Benefits & Tips', and deducting the full amount of the benefit, after it's deducted tax. I have not set…
  • Departmental Accounting

    Can I set up Departments within Departments? I would like a Heading Department with individual departments that can be subtotaled on the Project Income Statement?
  • Payroll linked accounts

    The payroll linked accounts are showing up in settings but when I try to add an account to an income that isn't linked yet, it won't show the regular Wage & Salaries account. I tried to copy and paste from another linked account that already has that…
  • Sage 50 CA Premium - Setting up companies

    I have reviewed the information but have not found anything that can help me set up companies. I know that if I have two companies say A and B and their books are maintained separately in Simply Accounting 2010 premium that I can consolidate the two…
  • How to change Sage Drive -user name/email Id

    I wish to change my old email , which I am using for my Sage Drive to a new email id. Will anyone help me how to do it , as I have not been able to find an answer from google. Thanks/AH Kapadia
  • Vendors - Multiple addresses and multiple currencies

    Good day, I use Sage 50 Premium 2018 (Canadian Edition) and it does 99% of what I need it to do for my small business. Things it doesn't do that could benefit me (as well as other users I'm sure) are: 1) Allow multiple addresses for the same…
  • need to clear historical data

    Hi Folks, I am a newbie and am still setting up the data in historical mode. At this point I have all the info entered for my employees but discovered that my session date is wrong. If I was to clear all the historical data, will I be able to…
  • Setting up a US company in Sage50 Canadian Edition

    Our company is in Canada, however we just purchased another company which is based in the US. I have set up a separate Sage50 company for this new US entity but when I enter the company information it only gives me provinces to select from, not states…
  • Setting up credit cards - correct asset acct

    Hello, I am setting up my company and entering the credit cards that we accept. At the end of the day when we close the batch on our credit card machine, the funds for the day, minus the discount fees, are deposited right into our bank account. Having…
  • really small sole proprietor cleaning business

    Good Morning all, I have a little dilemma here on my hands and I don't know how to solve it. Here what it is: Small Cleaning business with 1 deposit to Business Chequing Account per month. One transfer of GST and 20% Provision for Income tax to…
  • RE: Project issue

    You may have to enable it under Setup | User Preferences | View. If it's un-checked there, Sage 50 will obediently hide all traces of the existence of Projects from every screen, including Setup | Settings | Company | Features.
  • Importing additional inventory data

    Hello, So I we are transitioning from an older accounting software to Sage 50 and have all our data exported into .csv files. I have used the help documents relating to Importing Inventory and Services and Importing Price Lists to sort out the data…
  • Customer Statements

    Running Simply 2010 - When trying to setup customer statements I go to the 'forms' folder and select statement.sfm but it tells me it is not a valid file. I've tried customizing a statement using that file as a template but I also get the 'not a valid…