Sage 50 Canada

Hello, I am looking for an entry to clear -20000 balance in the 2622 CEBA loan account payable for the amount of the forgivable portion that we previously claimed as income in 2020 but were later deemed ineligible. We have repaid the loan, which account…

I have tried several things and it always still ends up with multiple entries.. I am trying to reimburse an employee who picked up some supplies( From Staples) and paid with their own money. I have set up a G/L acct specifically for employee reimbursements…

Since the latest 2024.1 update, We cannot enter a Ledger Code into the General Journal that we used to be able to all the time. Does anyone know how to fix this? I have read previous QAs on this subject, but none of them answer my question, as it was…

I am trying to review Capital Purchases over an extended period of time, and I thought Sage stored data for greater than six years. At every year end, I leave the old historical data on the system, have never deleted, which I thought meant I would have…

When I post a transaction the journal entry number does not popup anymore, how do I change that ?

we are a non profit so we don't have inventory or services. Can I enter invoices directly to a g/l account?

I am trying to enter a new client and I keep getting that Duplication Error Message that the record I am trying to create has the same value as another record. I do not have a duplicate entry. Any suggestions? Thank you,

Yesterday I was adding a new employee and adding a vendor invoice. Each time I went to post the transaction, i got the message "Duplicate Entry. You have entered a value that has been assigned to another record. You cannot have two records with the same…

How can I book a journey entry for convert from CAD to USD? Which one is correct in below? DR: bank - USD 100 realized exchange rate gain/loss 30 CR: bank - CAD 130 OR: DR: bank - USD 100 (CAD128 if I can setting the exchange in Sage 50) Not sure which…

J'essaie de travailler dans mon année financière 2022 sans fermer mon année 2021 car nous n'avons pas terminer avec le comptable externe. Comment faire?

Nous utilisons 2 versions, Sage 50Comptabilité Pro et Sage business Cloud comptabilité. Ce dernier est pour les Estimations et facturation. Nous nous demandons , comment procéder lors d'un acompte de client est créé en ESTIMATION seulement? Merci

I need help. We are currently working with 2 companies in Sage. One (Company A) where we record all company expenses and revenues and one ( Company B )where we enter all client expenses and transfer that to main company each month using an intercompany…

We are in the final stages of building a house that we will rent out. I have set up a project to track expenses and revenue, but not entirely sure on the accounts to use. Would I set up an expense account for appliances 5115 and an asset account 1840…

Hi very new to Sage and trying to figure out how to enter my RST- (PST) I sell products and know that I do not have to pay PST(RST) on products I resell but there are times that I buy items from companies that do charge me RST(PST). I know that I can…

I'm trying to see if there is a way to manually match multiple Sage amout to 1 bank amout

Hi I am wondering if anyone can explain to me what the "Field1:" in the additional information tab is and what you can use it for?

Hi all, I received a bank transfer from an outside account. How do I record this in sage? It was from a investment. A transfer won't work as its not my account the deposit came from. Thanks

Does anyone else deal with this error on a daily basis when converting? "Another user has changed this Sales Order/Estimate since you last opened it. Please reload the sales Order/Estimate, and then process the transaction again." How it comes off…

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…

I provide sales quotes for customer requests. These typically involve 10-20 line items. When our quote is accepted, I have to submit a Purchase Order to our supplier. I would like to be able to copy the line items in the Sales Quote to the PO, then…

I've taken over the books now, our previous book keeper didn't keep Bank Recs up to date. I'm now struggling to to get caught up, I have found numerous issues from the pervious fiscal year. I cannot make changes example NSF cheques. Do I just skip the…

Hi, I have a company and we just bought a building. I wuold like to log the transaction in Sage. I created suppliers Banque, Cie who sells,. I have a Mortgage to pay account, Building, Interest, and of course cash. My question is, what should I do…

Hello A Canadian invoice was accidentally paid with a USD credit card. How do I post the payment?

I'm still fairly new to Sage. I reset bank recs to the start of the fiscal year because I just kept going further down the rabbit hole. After entering the statement dates, opening and closing balances for the first month of the new year, it dawned on…

Recently I took over the accounting for a company and have found that she did not use the reconciliation feature in sage, and did a manual reconciliation through excel. So the company has not had a reconciliation done since 2014, our auditor comes next…