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  • How to correct chq written for wrong amount after year end?

    Can anyone walk me through the proper journal entries for this? Just prior to year end I wrote a cheque to a vendor in the wrong amount but posted the correct amount on the invoice. Yes, I still handwrite cheques, lol. As it is a small amount, the…

  • Accounts Payable (account 2100)

    I have had to manually input my Trial Balance from one computer to another, in which all totals match correctly. However how to I post to Accounts Payable (2100), as this was a total that was entered upon setting up the program on the new computer. This…

  • linking two accounts Receivable to balance data integrity checks

    Hey there, When setting up from our last accounting software we had two accounts receivable, one in cad $ and one in us $, as well as three accounts payable, the extra being for GBP. When linking my accounts receivable to my customers for the linked…

  • Subcontractor expenses

    Hi, I am trying to figure out the best way to record Subcontractor expenses in Sage 50 2017. Would it be best when entering the Subcontractor supplier invoice for labour to also record the expenses here i.e. gas reimb or materials Also, if no…

  • Transfer A/P amount to A/C to clear?

    Hello, Instead of making a purchase voucher, I made a general journal entry and cleared the accounts payable account via cash. However, instead of this amount linking to the accounts receivable, I know have amounts in both A/P and A/R. How can I transfer…

  • Foreign Currency Transactions

    Our company is CDN but also does business in the US. So, we have set up a US bank account. We invoice our US customers in US funds and they pay accordingly. We also purchase US products (COGS, etc.) and pay for these using our US account. My problem…

  • Fiscal Year End - Accounts Payable - Payroll

    Hi, I am working on our fiscal year end. I went to do the transaction in my GJ "To Correct Payroll A/P with Expense for Year End" According to my calculations it looks like this: Dr. Cr. 2180 EI Payable 1,624.32 2185 CPP Payable 3,217.44 …

  • Vendors direct deposits not working?

    Some of my vendors are set up for direct deposit however my system is no longer recognizing this and new supplier invoices are recorded as if they will be paid via cheque. Any idea how I can fix this?

  • Uploading Transactional Data into Sage 50 - CSV or XLS?

    Hi all, Can Sage 50 import transactional data (mainly AP invoice details) if it was in a CSV or XLS format? I currently use an OCR capture software to gather the invoice details (and upload it into a cloud based document mgmt system), but I would…

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