Sage 50 Canada

I am waiting for YE adjustments from our accountant, so I didn't post my last reconciliation (October) - I was told not to post last reconciliation until I have all YE (I don't know why). I already started new fiscal year. If I post it now, and I will…

I'm trying to do my first bank rec for our operating account and am running into an issue. I've linked our bank account, and all applicable transactions show up on the match transactions screen, but when I go to do the bank rec 2 of my May 31st transactions…

Hello , just set up a new client on Sage 50 Canadian Edition 2021.0 ( I have a perpetual license) in the month of Feb I was able to reconcile all was good. I just started March reconciliation and no matter what supplier invoice I pay ( cash or cheque…

Hi, I am having an issue with my bank reconciliations in Sage 2012. It appears I am missing the month of September in my reconciliations, when I go to print a reconciliation report it says no data to show, however all of the other months are available…

The company I work for has been shut down since COVID started. I was laid off in March 2020 and am just returning to clean up the books and get up to date. Reconciliation had not been done since February 2020. Fiscal Year-End is December 31st. The issue…

I have re-reconciled my bank account many many times and I keep getting the same Unresolved $4540 and Discrepancy $-$4540. I've reset the bank rec. I've done a database rebuild. Quickbooks is so much easier!! Anyway I haven't a clue how to fix this.

I recently took over a set of books and have found that the last credit card reconciliation before year end was not completed. All the year end documents and adjusting entries have been completed. How should I proceed with completing this reconciliation;…

I took over accounting from someone who clearly did not know what they were doing. I have compared the G/L bank account with the bank statements, and having gone back 3 months now, the bank account closing balance in Sage is out by a large amount each…

It would be very helpful to see the journal entry number on the Account Reconciliation page in addition to Source details. Is it possible to add this option?

I have two questions please ~ i understand that to do a reset on the bank reconciliation it tells me to back up as I will lose all my data. It just does not tell me how much of the data is lost. Is it from the initial setup for the account? Is it only…

Can I still do the bank reconciliation with unmatched uploaded bank transactions? There is an amount in bank but i cannot match it as it is broken out in two journal entries in books. Match only allows exact amount as you can’t click it manually.

Hello, I am working on a file and I am just starting the bank reconciliation. Year one was done by someone else and I can't get the sage file for it so I have a carry forward bank balance of 1303.02. How would I go about setting this up as a first…

Our credit card processing service had a technical error communicating with our accounting software back in February. Sage Exchange gave us an error when processing a credit card transaction and didn’t give us an approval code. I processed the transaction…

I have a positive 2040 unresolved amount and a negative 2040 discrepancy amount - in my last Dec bank rec. Beginning and ending balances are agreed to the bank statement balances. How I can get rid off the discrepancy? Bank has not been reconciled yet…

"Is it possible to suspend bank reconciliation for a month and move to another month"

Hi there, I have a question about receiving/recording payments made by Visa/Mastercard. Someone previous to me has set up Sage to receive payment using the credit card feature with no discount fee, as the fee is only deducted monthly and it varies significantly…

Can someone help me please! I use Sage 50 Premium Accounting CA and I am doing my Account Reconciliation for the first time. My opening balance and end balance are correct. Here is my problem... My opening balance matches my unresolved $20,892.26 but…

Reconciliation for Dec 1-31 showing -$1208.03 outstanding. This amount entered in Nov thru Gen J as a transfer from savings to chequing acct (db bank, cr savings and cleared in Nov rec). The Dec bank rec beginning balance and ending balance match, except…

Hello everyone, I'm new here. I transferred $1000 from our US account to our Canadian account and failed to use the correct exchange rate. When I tried to reconcile the Canadian account, I found out that the amount in the Canadian bank statement was 3414…

I have a cheque on my outstanding list that is not valid. I cleared the cheque in my February bank reconciliation. Then after I posted the reconciliation I adjusted the cheque because I needed to reallocate the expense to a different account.Then in March…