Sage 50 Canada

How do I Delete complete vendor, purchases and payments to start over. I added a new vendor Jan 1, 2024 and added purchases (pay later) and then payments. For some reason it is not working out and I want to delete the whole thing and restart. Can this…

I know there was few topics on similar issue but it seems I didin't find the answer. I received following year end adjustments Account payables Cr 20 000 consulting services Db 20 000 Since I cannot do adjustments to accounts payables without…

I have posted bank charges in expenses tab in account reconciliation as of Oct 31. After year-end adjustments, my accountant asked me to move it for next year. For some reason this transaction was not showing up to him. How can I move it to November so…

How do I record the journal entry for self assessed GST. I know the GST collected is a debit, GST paid on purchases and payment from my bank a credit. But how do I JE the amount that we paid to Revenue Canada for the GST self assessed on items? Any guidance…

Our previous accountant used sage tax report for GST/QST remittance, so there is always a balance in the beginning of period. When I reported for Jul-Sep/2020, I cleared all the beginning balance, which included GST/QST to pay amount for period of Jul…

We had a purchase invoice processed and got GST/QST refund. But later on, the auditor found billing info was wrong, and asked us to pay back GST/QST, how to record this payment? This invoice billing info write our another company, so I did a sale invoice…

Hello all, I am just getting back from a med leave and have found an error that my temp made. Wondering if anyone can help me out. We post a recurring entry each month, which is a direct deposit to us. I had posted Aprils payment before I left. However…

Hi, Situation : My client recently lost all access to their old accounting software (the only access they have is to their data is via excel reports). It is my job to import their trial balance from 2008FY to 2015FY into Sage 50 2016 CA. My next step…

Hi Everyone, I recently had to take products back from one of my customers. A credit note was issued for the amount the customer paid minus a restocking fee. EX: Products Cost: $100.00ea Products Sold: $120.00ea Credit note issued upon…

I have a list of the Accountants Adjusting Journal Entries. Is there a batch method to enter in adjusting entries or do I have to go into each account./module and enter a new entry as the adjustment.