Sage 50 Canada

It is my first bank reconciliation for my company. I have posted all purchases for January, and it balances, save for the outstanding withdrawals and deposits. I have a large amount outstanding cheques for December, as well as deposits. When I enter…

I have a bank reconciliation that show $11,000 as unresolved and the same amount as a negative number (-$11,000 as) a discrepancy. On Dec. 25, I did an adjustment for a payroll entry for $11,000 and changed the date to Dec. 23. This had to be done…

In starting a new month in Reconciliation and I'm finding 1.32 outstanding before I even begin clearing the posts. This amount was not reflected in the previous month records and the report for the previous month shows zero outstanding. The GL does…

How do I clear those old deposits sitting in the bank area. Bank reconciled by plugging in difference. Dr bank cr sales as amount of deposit in bank and Amountss entered by daily sales sheet in books dont match at times. Please also advise if this is…

i have been using using this software for 9 months. A bank deposit which was actually a deposit to an AR was posted and reconciled before me. After the software update I can not longer go back and re reconcile the bank account. The bank account and the…

One of the companies I manage purchased a multi unit building and financed it however, the owner paid for it up front then the financial institution reimbursed. How do I record not only the asset but also the LTL. there is a sizable deposit amount in…

Hello everyone, Hope all doing well. I just figured it out this group and saw how much useful information it provides to sage users. I'm a last year student in accounting and currently working for a construction company in Ontario as well. Since there…

please help! The phone lines are difficult to get through-- I'm trying to reconcile a bank accounting and there is '0' discrepancy and '0' unresolved however when I try to process the reconciliation it takes me back to square one and removes…

For the month of August only, I am trying to do a bank reconciliation, my deposits are doubled and the withdrawal amount is the correct deposit. EX. deposit of $2000 is Deposit $4000 Withdrawal $2000 Same line....Why would this happen????

I have an account with an "unresolved" amount showing on the reconciliation screen that has carried over from when someone else was handling the books, due most likely to missed/erroneous entries. At our fiscal year end in Feb 2019 that account was "off…

We issued a handful of sequential cheques in identical amounts in September for increases to our rent. When I did the November bank reconciliation, I mistakenly marked cheque #1 as cleared, when in fact it was #2 that had been cashed. This wouldn…

I was doing my bank rec from sept 2019 (yes way behind) no error's, except I forgot to change the Rec. date to last year Sept 2019 and it posted as Sept 2020. No I cannot continue, any way to adjust the last date?

Hello! I am going through the bank statement for April POS Deposit's, and there's a deposit that was earned in April but was deposited in May [:(] I always post all Sales to Cash on hand and then a lump sum of all POS in one shot to the Bank Act, but…

Probably a bit of a silly question, when in the receivable module>Receipt and the client pays via Interact I have to option to deposit into a few different places, it should go to Cash to be deposited or Sales Clearing Account or should I just make Account…

I'm I able to post transactions and reconcile bank past 2 years? If not and I restore from backup to 12/31/2018 and enter everything, is there a way I can keep the data already entered for 2019 and 2020 without having to redo each journal entry?

Where do I begin to look when my first ever reconciliation for an account shows both unresolved (285.16) and discrepancy (-285.16)? I've double checked dates, balances, amounts, and the GL for the same time frame and everything matches the bank statement…

Recently I took over the accounting for a company and have found that she did not use the reconciliation feature in sage, and did a manual reconciliation through excel. So the company has not had a reconciliation done since 2014, our auditor comes next…

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.

Hi we discovered that year 2018 ending bank balance that don't agree with what is in Sage 50 2018. We have accounted for all the transaction, everything it accurate. We need the starting balance of 2019 match the ending balance of 2018. so that we start…

Im trying to reconcile October bank statement but the start date in SAGE is Nov 1st. The forward balance is ok just the start date is incorrect.

Client has Island Savings bank account. We did the bank feeds and when the matching comes through it doesn't pick up transactions for a vendor auto debit. Did this for a single day and the one transaction was missing off the feed and could not be matched…

I am wondering if it's possible to set up different bank accounts when processing a credit card receipt? From what I can see, you have to choose 1 bank account to assign to credit card deposits....and when you choose credit card as the receipt option…

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 have a discrepancy amount. We use the sage drive and I was working from home for a couple of weeks, somehow the database I was using wasn't connected to the Drive so nothing saved to main, I determined some AR entries missing and re-entered, thought…

We recently started a new year but were behind in account reconciliations in the previous year. After starting the new year, we went back and worked in the previous year, 2018, and reconciled 3 months of bank statements. Upon returning to the current…