Sage 50 Canada

I set up a new bank account, followed all the same settings as the old account. But for some strange reason, it is not allowing me to use it as my default bank. It doesn't even show up as an option. I am at a total loss now for this. I believe I have…

Hi we had an employee use a company account to purchase an item, we paid it already, he now has paid us the cash for the purchase. What do I post and where... do I do a GL entry where I credit the expense account and debit the bank where I am depositing…

Client was invoiced May 16, 2019 and paid invoice in full via Interact May 31, 2019 (Year End) . It was not posted by bank until June 4, 2019 (New fiscal year). What do i do for an entry so i can reconcile May and June properly? Thank you

Hello. We have Sage 50 Pro Accounting (Release 2020.1) and are wondering if there is a way to add new bank accounts and have the taxes owing go into those accounts. For example, all payroll taxes due to government each month, instead of that amount still…

Hello! I am new to sage and even more daunting, new to book keeping.. How do you deal with your company's petty cash? I have been told I can treat the account like a client and "invoice" it, or I can just post general journal entries to it. We do have…

Can you upload a batch of customer payments using excel or text file? I want to be able to tag a specific payment type, bank account and invoice that the payment should be applied to. Trying to find a way to bypass having to manually post and apply over…

I apologize if this has already been posted/answered, but I couldn't find it. I have one chequing account in use, but have opened a new chequing account. We wrote one cheque drawn on the first account, and deposited it to the new account. I think…

Hi all, I have to get the petty cash up to date and I want to make sure I will do this correctly. The problem is that there are very old receipts in there which might cause me grief to post since it applies to past years. I have never touched the Petty…

Good Morning all, I have a little dilemma here on my hands and I don't know how to solve it. Here what it is: Small Cleaning business with 1 deposit to Business Chequing Account per month. One transfer of GST and 20% Provision for Income tax to…

I am entering all the payable and receivables for a ltd company for 2014. The owner used a credit card for personal and business expenses and used the business bank account to pay for the credit card bill. How do I record the personal expenses so the…