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…

Hello, I have been working with the client on the "Fund Income Summary" reports (I believe these could be called “Project Income Summary" in a different type of organization). We have been using quarterly reports and have achieved good results so far…

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…

I have removed/reversed the transactions in the account. But I still can't delete it. The number of the account fall directly inbetween another 2 accounts that are in use. so I can't create a new header account to delete this one. It is stuck our in no…

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…

Hi, We have sales in US and CAD. For the Sales Report by Customer : Is there a way to have the information in foreign currency, instead of CAD. Thanks.

Is there a way to run a report in sage that lists all the pending quotes not yet awarded? The only report I can find is the Pending Delivery Orders by customer.

Hello, I recently upgraded to sage 50 pro 2021 (from 2003) and my financial and tax reports are not showing up in the report center. Any ideas? Do I have to reinstall? Thanks Kosta

Please help me figure this out. I have overlooked a 2018 withholding tax payable and I just paid for it in January of 2020. How do I record it without making a mess of my current withholding tax record? I have recorded it as follows: Credit: Chequing…

I have closed my business and do not need to post any new transactions into my Sage program. I want to cancel my subscription, which I understand would mean my program is switched to read only mode. When you are in "read only" mode do you still have access…

Items have no on hand and still have a value How do I clear the inventory value so it doesn't affect the value Thanks Doug

I remember when the Customer List report had the option to display the column "Last Year's Sales" It's no longer available. This was very useful when comparing YTD Sales with Last Year's Sales to analyze customer sales vs the previous year. In the repot…

Hi, I'm using Sage 50. Could anyone help me on how to run a sales report which can show Item Description from the invoice? Thanks

Is there a way to get a detail report for a Balance Sheet account for multiple years without having to do them one by one? For example. a detail report for the bank account for 5 consecutive years?

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…

I know there's still some fellow "old school" CR users here ... I am updating our check form - simply making a couple of minor alterations to PAYRLCHQ.rpt I want to replace 47/100 with 47 Cents The form has no 'Page Header' when I begin. I click somewhere…

Is there a way to compare customer sales over two periods? I would like to see how much we sold to a particular customer last year vs. this year, but I can't seem to find a report that covers that.

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…

Purchases in my Trial Balance report includes part of my sales invoices amount as a purchase - is this because when we entered inventory we used the Purchase account # for COGS? Also, when I enter a purchase order in Sage 50, it automatically posts…

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.

Hi all, Can anybody tell me the best way to record a GST Refund that has been audited and had ITCs denied by the CRA? When I file my return I move the rebate/amount owing to a clearing account. Normally, the 'GST Clearing' account would be emptied…

Does anyone have any idea why, when I print the Tax Summary for GST that there would only be purchase information appearing and no sales information? Any help would be appreciated. Thanks! Elaine

Good morning. I have two visas set up in my accounting and made some simple errors that i then fixed (ex: using wrong card for transaction). that has been fixed. But now when i print out my transactions by account report for each card... the wrong vendor…