Sage 50 Canada

Hi, I'm looking for the right way to post owner drawings from the account when it's an incorporated account. Which account do I debit the withdrawals to? Also, for expenses paid for in cash or personal debit/credit cards, would they get posted to same…

My husband just opened a Business (Sole Proprietor) we are in Canada.. I am completely new to Sage & have no accounting sense at all. I have a few questions.. When trying to do a pay cheque, I enter the hours and pay rate but it doesn't show the deductions…

this has happened on numerous computers now and i believe it is a glitch because i can keep making it happen. if you open payments and choose pay credit card, then choose the bank to pay from, then hit the pin, then select the credit card to make…

I am using Sage 50 Pro - Canadian version. I am trying to make journal entries in July 2017 but am unable to go back that far. Could someone tell me how I can make entries in 2017?

I am trying to pay remittance... Are the payment adjustment accounts right as shown above? CPP - is listed in payment adjustment account 5430 - CPP Expense EI - is listed in payment adjustment account 5420 EI Expense and TAX - is listed in the…

j'ai un problème avec mon rapprochement de compte. J'ai un écart et un montant non résolu du même montant. Un positif et un négatif. J'ai tout refait et chercher mais rien à faire je n'ai aucune idée d'où ça vient. En plus le systeme m'empêche de traiter…

There is a customer who paid by foreign currency. Normally, their sales is in Canadian dollars. But this time, they paid by US currency. It is supposed to be $100.00 canadine. But they paid in $80.00US dollars. Then, we deposited $80.00US into our US…

Help please, I am almost positive my Sage50 bank reconciliation has glitched in some way. I attempted to reconcile the account with my bank statement - everything matches up. I have the correct: statement start date; statement end date; statement…

When in payables we cannot open payments to create a cheque. We have been using Sage for many years and never had this problem

We want to deposit a personal cheque as a deposit to our main bank account in the beginning of our work season to help cover various startup costs. How do I process a deposit to account of personal funds? Should I make a new bank account or should I just…

Hi In attempting to reconcile January 2019, I've realized that the Reconciliation Report 'START DATE' is December 1, 2018. The only issue is that I already closed off 2018. Now, Reconciliation & Deposits shows Last month end balance, along with last…

Hi, I'm helping out a freelance writer who recently published their own book. I'm a bit lost as to how to treat the transactions in that most of the inventory (i.e. books) arrived around mid-December. The majority of expenses were incurred in 2018…

Good day, I was wondering if someone could please help me with my predicament . I was asked to record inventory but i've never done it before in Sage. I understand beg + purchase - Ending = inventory. I have debited the beginning inventory and I recorded…

I realize this question may be very similar to others, I did look around though the forums... the answers to me didn't seem like they were what I was looking for, but I'm not an accountant in any stretch and started using Sage 3 weeks ago so please bear…

Hello, I use Sage 50 Canadian edition. I am in the 2018/19 fiscal year. My 2017/18 fiscal year is closed. Now I need to make a couple of adjustments in the 2017/18 fiscal year. I was not able to find the way to do it and may be overlooking something…

We were finally able to get by all of the errors but upon (what we thought was a successful completion),we could not locate the transactions. This is the format I was able to get the furthest with: Its in Excel below but saved as CSV Date Reference…

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…

We've got an intermittent issue with the calculation of labour cost when invoicing. I've written up an invoice for a job with 8.5 hours labour at $70/hr which should be $595 before tax. We noticed the next day when we added the hours from our mechanics…

Employee started February 2018 and no CPP deduction has ever been taken He is set up with box checked to calculate CPP same as all other employees??

Hello, I am fairly new to sage. I was wondering for a GL entry if you have to enter the HST on a purchase or should it automatically record? I know when you create an invoice you can add it in, but for some reason it is not getting added in when I do…

I had entered the payment journal in the morning, everything is just fine. However, when i reenter into the payment journal, the amount column at make other payment is missing. I am not able to key in any amount and process my journal. what should i…

Hi all, Recently, we have came across that one customer (one of the leading stores in Canada) is actually not paying us the GST when they pay a lump sum on a few of our invoices. I went to the vendor’s portal and checking about the details... only then…

Hi I am wondering if there is a way to have the payroll module calculate Statutory Holiday Pay using the hourly rate X times the hours for the holiday? Or do I always have to manually calculate this and manually put it in the Holiday Pay field for each…

I can't post a year end adjustment to one of my accounts from the GJ window. It is my vacation payable account. I assume it is because it is linked to other payroll accounts but I am not sure how to now reverse it. The amount in the account is from various…

Can any help me with contact info or customer service support? I have been charged my full yearly amount for my service although I no longer am a bookkeeper and no longer have an office/computer to run the software which sadly happened suddenly. I have…