Sage 50 Canada

I'd like to keep track of internal inventory. For example employee gloves that we keep in a stock room. I'd like to have a total of what's in the stock room and then adjust as we buy more or when an employee takes gloves.

Good afternoon, Sage 50 Canada RDS continues to just shut down/crash. I CAN create and process an invoice, create and process a receipt... But every time I try to process an invoice I've just adjusted or try to delete an invoice and process it, Sage…

I have entered an invoice into history but put wrong date. (current year not history) is there a way to fix this?

I have an Aged Overdue Provider Invoice Summary showing $-790.60. The original invoice was #347, and a corresponding payment on cheque #393. I can't find either of these in Sage, they are only printed out copies in a file folder. Someone has written CN…

I am trying to find out what to do to fix an incorrect historical receivable invoice. I entered $1000 when I should have entered -$1000. Thank you.

I am trying to reverse this transaction. I have looked up correction and reverse, but none of them seem to let me in the assembly function. Any guidance would be appreciated.

Hello everyone, I have a question regarding clearing an AR balance and a recorded allowance for doubtful accounts. My client’s previous bookkeeper recorded an allowance for doubtful accounts many years ago when an amount was deemed uncollectible. The…

Hello, we are a medium size company currently using QBO. Once our accountant closes the books I am unable to make any changes to estimates. Is that a similar flaw in Sage 50? It causes me a lot of extra work because I frequently edit and update old estimates…

Why do the Journal numbers change when I adjust previous transactions? When I edit it , it counts it as another JE. I did up to 11 entries, but it says there's up to J45.

Took on a new client and had to create open balance sheet in Sage 50 from Dec 31, 2021 T2. I now have payments made in Jan 2022 for invoices posted in previous year (accounts payable) however I can not adjust via journal entry. How do I reduce AP? Th…

WSIB notified me that the entire industry sector (construction) had overpaid on premiums so they have issued a credit on our account - this is not actually a cheque but a balance on their system that any payments can be made against. My question is…

Hi, My payroll remittance and tax amounts are showing different than the initial payments I have made. for example in de 2021 sage is showing following numbers but I at the time of payment it was totally a different amount. CPP $8011.22 EI $3422…

I have one cheque that was written in 2021 but lost. I need to VOID this cheque and reissue in 2022. I can reverse the original payment with a JE so the new cheque will zero out the 2022 expense. This will ensure that my expense stays in 2021 and does…

I don't suppose anyone knows if there are any plans for Sage to allow more flexibility in editing entries (instead of creating a reversing entry), similar to what QB allows?

The new owners of the company have paid the previous owners a "Working Capital Adjustment". I am not sure what GL I should use to post the debit . Can someone advise me on this? Thanks!

Hello, Our company is staring a new Group RRSP plan. Most employees will contribute 3% of earrings, and the employer will match that. I am wondering what the steps are to set this up? I realize I need a new payable account for the Employee contribution…

Help please - Adjusting Differed revenue entry if the sale is through customer vendor list.

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…

How do I reverse a prepayment entry that was created in error. The "Reverse Payment" icon on the payments journal is greyed out. Thank you

Hi, I am sure this is a simple process, I need to update the unit cost of an item. I am only able to change selling price. When we enter a inventory adjustment the Unit Cost can be changed however we would like to change it so we can set it to default…

We have numerous (over half) of our clients that are inactive for more than 4 years, some for 10 plus years I am have them all inactive, but I would like to remove them so they don't show up in the customer list. When I try and delete them it tells…

I am new to SAGE 50 and have noticed some very big automatic inventory adjustments that have a description of "System Cost Adjustment". Is this because an item was taken out of inventory when it not there? Any help would be appreciated.

Hello community, I forgot to add the following regulation for both taxes in general ledger. Since the date is before (1 day) lockdown date, I cannot do it. What is the solution? Thank you.

Hi, While balancing January, I noticed a GJ entry for GST paid in July 2020. The date on the post is Jan. 28, 2022. I have looked at my 2020 year and cannot find a duplicate entry. The year end has already been done, of course, so I assume it got captured…

I have a paycheque that was posted in sage correctly on Jan 5th. I am currently doing the bank reconciliation for January and noticed that the EFT (not direct deposit, the shareholder transfers his paycheque directly from the business account to his personal…