• YEAR END AMOUNTS OWED TO MRQ FOR PAYROLL?

    I have an outstanding amount owed to MRQ (from 2020) is that amount included in year end total amounts? Would it show as owed on January 15th 2022 if still not paid? I don't know what the true amount is for the quarterly amount owed as of Dec 31 2021…
  • Posting into the new year prior to starting a new fiscal year

    Can I post into a new year prior to starting the new fiscal year?
  • Using Foreign Currencies instead of Home Currency.

    Is it OK - in accounts terms - to use Foreign Currencies instead of Home Currency in all transactions?
  • Help needed to delete an entry

    Hi I posted an entry in the general ledger but I realized I should not have. How do I do that?
  • WSIB Payment

    Hi, This is my first time handling the wsib payment received due to having injured worker. I would like to know how will I make an entry correctly. Should I create other revenue or expense account (based on what I read on wsib website, to declare it…
  • Prepayments

    Hello everyone, I have a problem with Vendor's prepayment/Direct deposit and customers who paid in advance to buy but can't able to record for example whenever I open the payment window from the panel if I select direct deposit this message popups if…
  • Payroll

    have a new client. in Vacation pay in his payroll is a line "Bal. Fwd. (as of Jan 01,2020) and it has a YTD balance 4 out of 9 employees. I have not seen this in any of my other clients. Is this a balance still owing to the employee from 2019? If…
  • Single user mode

    I can not log on in Single User mode as the system is telling me someone is already logged on in Multi User Mode. But there is no one else logged on.
  • Complaints

    Hello, Does anyone know how to file a complaint against this customer server? Our company was charged for a Module that we don't use, and our Credit Card was charged, I called to dispute and was promised a refund that never took a place. Upon renewal…
  • Looking for Prior Webinars hosted. Sage 50 Premium vs Sage 50 Cloud

    Missed a webinar that I want to watch, is there somewhere to find them online. Using Sage 50 Premium and looking at the pros and cons of moving to Sage Cloud.
  • Covid-19 Relief for Corporations that take dividends.

    Due to the Covid-19 pandemic, is there any financial assistance available for the mom and pop corporations who don't have any employees and take dividends. They don't take salaries or do payroll, but are not able to work because of the Covid-19.
  • Journal entry for handling fees

    Hello all. I’m new here, so I hope my question hasn’t been asked too many times. I have a small online shop, whose profits i will share with a local charity. Before I can calculate my profits, I deduct a handling fee which I’m trying to account for…
  • Reversing Credit Notes

    New to Sage... Is there a way to reverse a credit note? An payment invoice and receipt were posted to an incorrect account. When the receipt was reversed, it put a credit not on the vendor.
  • match transaction window filter date

    I can't get the current year in the match transaction window. Working in 2020 but it won't let me enter anything after an oddball date of May 7, 2018
  • Sage 50 - keep 7 years of data

    I have Sage 50 pro 2020 edtion It is only keeping 2 years of data -current and previous. Sage 50 pro can keep 7 years - how do I make this happen before I turn over to a new fiscal year? thank you
  • Bank Reconciliation Resolved amount

    I have a resolved amount of -$9829.88.. but no discrepancies or unresolved amounts. Is this going to cause problems down the road, what can I do? What causes this?
  • Recurring Transactions

    I have 150 Tenants set up as recurring transactions for monthly rents starting on the first of each month. I clear each of them as they appear on the bank statement. What happens when one of the rents comes back as NSF? Will this show on the tenants sales…
  • Adding a new current liability

    FormerMember
    FormerMember
    I am a newbie user taking over from previous bookkeeper. I've added a new vehicle under account class as a current liability. But I'm not sure how to input the $ value for the balance. Is it something I would add to the general journal? I'm using…
  • account not in logical order - please help

    Hello, I just had this problem. I have an account 4380 Gain/Loss that I changed from Group heading to Group Account. After I changed it, I made an entry for this account. When i ran a report, it now says that account is not in logical order and I couldn…
  • Looking for a Sage Certified bookkeeper/accountant/tutor

    FormerMember
    FormerMember
    Hello - I am in the Oakville, Ontario region and am looking for someone proficient in Simply to update and maintain accounting journals, ledgers and other financial transactions. Also to tutor in the use of the program.
  • Band Rec Unresolved amount

    I don't know how to fix this problem. Outstanding balance over the bank rec doesn't match with the actual outstanding balance. There is an unresolved amount $-25,025.01. Can I change the statement end balance in order to change outstanding balance…
  • INVOICE WITH SEPERATE EXCHANGE RATE

    I have an invoice for inventory $1620.46 but it also has $517.75 us exchange totalling 2138.21. how would I enter this? How do I ensure that the inventory is charged out without losing money?
  • Visa reconciliation

    I have an old visa payment (2013) sitting on the reconciliation screen that was missed being reconciled - my guess is that it was double entered but what is the best way to clear it now - they are a new client and have switched visa's there is also a…
  • Sales tax section in General Journal entry

    My question is - I think I may have entered incorrectly I'm working with GST remittances (Refunds or Returns) I'm doing it as a GJ entry - 3 accounts consisting of GST Collected, Paid and Cleared Once I enter my numbers in appropriate accounts then…
  • NSF Check issued to Vendor

    FormerMember
    FormerMember
    Hello All, A check issued to a vendor bounced & obviously wasn't cleared through the bank. I will need to create a new check. How do I go about cancelling out the NSF Check & Creating a new one? LMK, Thanks