Sage 50 Canada

I have a company ready to move into the new fiscal year however when I check my data integrity my A/R amount and my unpaid invoices/deposits amounts do not match. I have an unpaid invoice for $33.30 (which displays in the unpaid invoices) however it is…

Our previous bookkeeper did not reconcile our accounts properly so now under the banking tab, I have balances that do not match what is in the bank. Most of the transactions are from 2015, I am wondering what is the best way to clear these amounts from…

Bonjour! Je viens de commencer la comptabilité pour une petite entreprise qui ne s'en occupait pas vraiment. En gros : toutes les factures clients et factures fournisseurs passées en 2019 ont été mises ''À payer plus tard'' et jamais encaissés/payées…

After setting this option up and trying to use it for a US Customer, the message is that you cannot process the invoice Pay Now option for US$. This would be the main reason we initiated the applications as most of our sales are US$. Is this correct that…

IN DECEMBER I HAD A CUSTOMER WISH TO PAY A CERTAIN AMOUNT TOWARDS HIS SONS ACCOUNT AS A GIFT (WE DO NOT ISSUE GIFT CERTIFICATES) BUT IN A SENSE LIKE A GIFT CERTIFICATE SO I CREATED A RECEIVABLE INVOICE APPLYING IT TO MISC. SALES (REVENUE ACCOUNT) TO…

Hi, I have just linked our Stripe account with our Sage software. Before I begin using this feature I would like to make sure I have it set up correctly and that I know what the flow of Journal entries will be. When I create an invoice through the…

Hi, I use Sage 50, When I received a deposit from a customer, and we have not done up an invoice for them yet. I will enter the amount in the receipt module under the Deposit amount. Now it sits as a credit to that customer. Now the boss will give me…

Hello, We have invoiced a customer for $50,000 and they wired payment to us. The bank deducted a $10 wire fee and credited our account for $49,990. I want to credit the customer for the full $50,000 through a receipt on their account - how do I account…

I'm working on Sage 50 Pro Accounting and I need to make invoices for deposit paid by customers when they sign a contract. I thought I would create an article liked to the deposit account and use it to make the deposit invoice and in negative in the…

hello I am new to Sage and messed up my sales/invoicing. I need to record payment for services rendered and I am unsure where to post the transactions

Hi. We are going to start charging a processing fee when clients pay their invoices by credit card. Since the invoice is already posted, we will have to go in and edit the invoice to add the adjustment for the processing fee. This is all fine, I am just…

I have a new corporation that is being set up. I am using Sage 50 Premium. Receivables come as cheques made out to the company and include deductions from the Gross Pay for dues and RRSP. The income includes straight time, rentals (which is like reimbursement…

I entered an invoice in error (I forgot to enter the price - did not have cost/price when I posted it) when I try to reverse it says I must do it manually. What do I do?

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…

I posted a payment in Receipts for my customer and now I cannot find it!! I went to Reports and called up Deposits to Transfer report and it is showing there and when I go to Deposit Slips it also shows there but when I go directly to the Receipts I cannot…

Hi I'm using Sage 50 Premium - I received a deposit from a customer for goods yet to be delivered. However, the deposit was overpaid by about $20,000.00 which I have refunded to the customer by hand-written cheque. This still leaves a large deposit from…

We had a client that gave us a $1500 deposit that we posted on their acct. The guys in the shop didn't realize that this deposit had been given and invoiced and the client paid the full amount. We have since done another job for this client, so I have…

We had been given prepaid deposits from clients on a couple of orders. I have $0.60 left on one acct and $5.20 on another. Our accountant wants me to move these amounts from the prepaid acct to our A/R acct. So I was planning on creating Invs for these…

How do I issue a refund to client client who has overpaid? Cheque was deposited and overpayment was posted as a deposit.

I ship orders out COD via Canada Post and then receive one direct deposit to the bank account from Canada Post for the lump sum of all the COD orders for that period. The payments in the lump sum deposit pay for multiple invoices for multiple customers…

I have received a deposit from a customer in Canadian funds but now he wants to be invoiced in US funds so how do I re-post his deposit to reflect US$. The customer is set up twice, once as a Canadian account and once as a US account so I need to move…