Sage 50 Canada

I have paid the full amount twice for an invoice, how should I adjust for this overpayment?

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...I am having trouble reconciling my bank. I issued an extra payment to an invoice that did not exist with vendor. They pointed it out, i removed the invoice instead of reversing the payment. The cheque does not exist so therefore 1) Reissued cheque…

Hi everyone. I was hoping someone could help me or guide me on this situation. I have a customer who signed a contract and gave a deposit in 2015, however, same customer decided to cancel the job when we were ready to start this year. My question is…

My accountant has requested a series of Adjusting Journal Entries, including adjustments to Payable and Receivable Accounts: Here is a sample: 31/12/14 Accounts Receivable XYZ Inc - Account No. 1205 - Debit - 7592.20 31/12/14 Accounts Payable -…