Sage 50 Canada

When entering an ROA the first time, it was posted as 'pay later', when I went back to adjust it to a check like it originally was, it says " cannot be adjusted as payments has been made already" or something like that. I looked up what to do and it…

I know there was few topics on similar issue but it seems I didin't find the answer. I received following year end adjustments Account payables Cr 20 000 consulting services Db 20 000 Since I cannot do adjustments to accounts payables without…

Hi, Our company has built a rental property. The property will have one unit as a rental and the lower unit will be used for staff traveling at no expense to them. My question is how do I set up the accounts to keep track of the expenses for both the…

Hi. Just setting up a new company from Dynamics. Their year-end is May 31st. In order to have historical transactions, I started the company as of 2019. Entered the GL historical amounts, then entered each month's adjustments for the year 2019~2020…

I use different bookkeeping programs, but Sage is not my comfort zone. It does quirky things that I don't understand. Today's quirk I came across while trying to figure out the history of a ledger account. To view the transactions in a ledger account…

Hi, Our business relocated and signed a 7 year lease. As the building required renovations before we could occupy we acquired a bank loan to cover the cost of a portion of the renos. Overall the renos were about $40,000 more than the loan received…

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…

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…

Hi, After some research on the internet and here on the Sage 50 forums, I have set up PayPal as a "credit card" that we use to make payments to vendors, with the following linked accounts (please note we do NOT accept payments from our customers via…