Sage 50 Canada

I have a lot of e transfers for payment. How do I deal with the posting. can I batch them together and reconcile later

I am a new user in sage. I want to know how to record a purchase transaction without invoice but payment made through bank.

Hi there, I'm very much new to bookkeeping. My partner and I have recently started up a business and our bookkeeping friend insisted Sage 50 pro accounting is a must learn and use for me to take care of all our bookkeeping needs. I know she is a very…

Can you guys please share with me any good experiences with AP Automation software? I want to hear from actual users, not sales people please. We've tried Auto Entry a little bit and had some struggles with it. And if I have to sit through one more demo…

Hello I need some help with a transaction that I need to reverse but I cannot. I incorrectly posted a Prepaid Order and paid by Mastercard, and posted it to the wrong account - to Misc expenses. I created the correct invoice to the correct account…

I got income tax refund $100 I posted Dr. 1060 Chequing acct.& cr. 2160 income tax payable but in the financial Balance sheet under income tax payable has a balance $100 which I think should show .00 Do I do instead of put cr 5680 income tax expense

How would I enter personal purchases made on a business credit card? I’m unsure which accounts to use. Thanks!

The company I work for has been shut down since COVID started. I was laid off in March 2020 and am just returning to clean up the books and get up to date. Reconciliation had not been done since February 2020. Fiscal Year-End is December 31st. The issue…

I wrote a post dated chq to our Clubhouse Mgr for a wrong amount. Once I realized what I did I reversed the payment and reversed the original invoice. The Mgr said there's an issue on his end as he already took a picture of the chq to deposit it for the…

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…

Hi everyone, I am trying to pay a vendor with 3 credits. I entered the credits as purchases bills with negative amounts. But Sage doesn't let me to apply the credits and shows this info in the image. I paid exact the same thing for other vendors without…

OK I have Sage 50 Pro Accounting 2020 I'm just about to start entering all the details etc but I'm confused as to what to put as the fiscal start and end date, the problem is I purchased inventory for this company back in July 2019 so in a sense I have…

Good day I try to close the account payable for the user not be able to enter invoice with the date prior to the new months however I am unable to do it because if I closed i can't enter the invoices and if I leave it open I change my prior report,…

Hello, How do I remove a posted cheque payment for the companies credit card? Thank you

We overpaid a monthly utility bill for a year. The company has credited our account instead of remitting a refund cheque. How do I post the credit? I need it set up so that, moving forward, when I get the monthly invoice, I can deduct the amount from…

I accidentally entered a payment amount in the 'interest box' when making a credit card payment.... then reconciled that bank account... What would be the best way to re assign to the correct accounts?

Hello, Last year I invested personal funds to manufacture a product that I’ve been selling online. The money is not expected to be paid back for a couple of years so it’s important that I know at what point I’ve covered my cost. As last year was the…

I have the program, I have the backup from our accountant she has shown me a few things and all I want this for is to enter the bookkeeping and give to them at end of year to save money, wow am I in over my head.... I started entering payables but my…

I use Ceridian as our payroll provider and am wondering what is the best way to enter employer and employee deductions in sage when entering in the payment to the payroll provider?

Sorry folks a simple question. I currently hae bill from GoDaddy for my SSL certificates. I don't know where to allocate the expense. Help please.

I have had to manually input my Trial Balance from one computer to another, in which all totals match correctly. However how to I post to Accounts Payable (2100), as this was a total that was entered upon setting up the program on the new computer. This…

Hello! Is there oppotunity inSage to copy invoices / purchases / journal entries from the previous ones without setting recurring option? I make a lot of similar invoices/purchases where I want to change only customer/supplier or only amount, how…

I have a vendor invoice (from 2018) showing on my vendor aged payable for YE 2019 that wasn't on my vendor aged for YE 2018. The system shows it as unpaid but it was paid with a system cheque. The cheque log shows the cheque as entered to the system.…

Where do I go to enter a cash sales summary From garden centers, $16,400 plus 2,460 HST for early spring bedding plants and planter arrangements.

I entered a number purchase invoices using "Pay Later". The system did not generate a JV # nor do the entries show up in Accounts Payable. They do show up in the Daily Business Manager under "Payments Due". Why do they not show up Accounts Payable as…