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?

Hello all: I recently changed the name of my Visa from Royal Trust Visa to RBC Visa in the vendors section. Now I can not see the cheques I wrote to the Royal Trust Visa name only the RBC Visa cheques? Help!! Thanks, Susan

Hi, I am completely new to Sage and bookkeeping and am receiving help setting up my inventory list in my Chart of Accounts. Could anyone help me understand the difference between the Group Account vs the Sub-group account? 1520 is listed as Rocker…

Hello, I'm starting with SAGE 50C Premium but I'm stuck at how to export existing data from QBO to Sage 50. I use the online version and can only create lists in Excel not IIF files. So importing into Sage 50 apparently can only take IIF for Quickbook…

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…

My husband was a sole proprietor until last month when we switched to a general partnership under a new company name. He is a contractor and still has payments being received under his old company name due to holdbacks which will require us to use the…

Have tried checking settings in reports & forms, Invoice, and un-checked the Company Logo setting/tick box. But it still prints a black square in the logo space. What to do next? Tx, Neil.

I've just been appointed as the treasurer (not the bookkeeper) for a church. The main issue I'm having is that most of the revenue the church receives is earmarked for budgeted expenses i.e. money coming in and sitting in a bank account is dedicated to…

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…

I am setting up a new company and we have no employees and, no vacation, income, deductions, etc. How do I turn off the payroll or remove it entirely?

I am setting up a new company. In Settings > Vendors & Purchases > Linked Accounts > Principal Bank Account there are no options to choose from in the Drop Down List. I have changed my bank account class options in the Chart of Accounts > Class Options…

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…

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…

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…

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…