• Transfer A/P amount to A/C to clear?

    Hello, Instead of making a purchase voucher, I made a general journal entry and cleared the accounts payable account via cash. However, instead of this amount linking to the accounts receivable, I know have amounts in both A/P and A/R. How can I transfer…
  • Data inconsistency in A/R Listing

    I have 3 issues; not sure if they're related. It is a foreign currency set-up, and I'm aware of the Knowledgebase article saying that one should call Sage support for database repair -- but I'm not sure I'm at that point -- would prefer to explore ideas…
  • Foreign Currency Transactions

    Our company is CDN but also does business in the US. So, we have set up a US bank account. We invoice our US customers in US funds and they pay accordingly. We also purchase US products (COGS, etc.) and pay for these using our US account. My problem…
  • Assembled Items Recall/Edit

    Hi everyone, I am new to Sage50 Canadian edition, any help is appreciated. I am using Pre Sag50 2016. Several products have been built using Build from Item feature, and were recorded as Lot# of the product. I used - Inventory & Service module - Build…
  • Simply Accounting by Sage First Step (2010) How to void and invoice from a previous year

    Hi! I need some help. I have an invoice from 2015-10 of 75$ which I want to void (make disappear). This invoice is still in my account receivables. Ive looked online and could only manually void the invoice by recreating it but with negative numbers…
  • Exporting Monthly Statements

    Hello Sage 50: Is there a way to export (or print to a csv file) monthly statements that can be opened in Excel? I have looked around the program but to no avail. Any suggestions on how to achieve this. Thanks, Dave
  • Sage will not email out sales invoices

    FormerMember
    FormerMember
    Sage will not email out sales invoices, it looks like it does, but no copy in my outlook send folder. It was working last week.
  • Aged Receivables report settings

    My aged receivables report shows the invoice date and due date as being the same such that the "Current" column is empty and everything is overdue. How do I adjust my settings so that only invoices unpaid after 30 days show up as overdue?
  • how to customize the invoicing screen both in A/R and A/P?

    I have Sage Pro and I need to customize the Invoicing screen both in my Sales and Purchases as there are too many boxes that I do not use. Where do I go to customize it? I don't like to have to tab and tab in order to get to the box I want. I work with…
  • Year End ADJ Entries to Accounts Receivable / Meals ???

    Hi, I am entering the Year End Adjusting Entries from the Accountant. I am almost done. I have one problem left though. My A/R is out by $0.09 interestingly, so is my Meals Expense account. If I could Dr. the A/R and Cr. the Meals everything should…
  • Accidentally reversed receipt for NSF cheque

    Hi There, A customer had some bank issues which caused many of his payments to be returned. He advised me of this in advance, but I had already processed and deposited his payment, which covered several invoices. He came in to rectify the situation…
  • Posting to A/R in a foreign Currency as an adjusting Y/E Entry

    Hi I need assistance please: In the previous fiscal year we generated an invoice for USD (in a foreign currency) $1080.04. The client paid the amount via a wire transfer and the invoice in Accounts Receivable has the PAID on it. However, the Accountant…
  • Paid sales invoices reversed just in GL

    Hi, I cannot figure out how 2 receivable JEs got reversed only in GL. The invoices are still there in the Sales Journal and have a payment recorded again them. In fact the payment was applied to 6 invoices and none of the invoices were reversed. There…
  • Help!! Really old invoices. Client wants to change the sold to part in order to pay

    I have a few invoices that are way past due but not yet in bad debt and the client now wants me to resubmit it to a different client name. Obviously i can no longer adjust the invoices as they are from a prior year. I know you guys touched this subject…
  • Reversing Old Invoices

    I am currently trying to reverse older invoices as opposed to writing them off to bad debt. I am able to pull up the old invoices, but upon clicking the "Reverse Invoice" button I receive a message that says "The transaction cannot be adjusted because…
  • HELP - cheque for invoice already paid

    Hi, I work for an Environmental Lab and we do work for different Consulting companies in the Oil and Gas Industries. One of our consultants sent us work for an Insurance claim (oil spill) and paid us by cheque which I have deposited a while back. …
  • 2014 Invoice not paid, clients want to redate to 2015

    Client never paid this 2014 invoice and finally they came back to us stating that they already closed their 2014 books on March 31 and wants us to date the invoice as of April 01, 2015. I understand what they want but our year end is also March 31. The…
  • Due upon receipt

    Hi, Our invoices come up as : Term: Net 30. Due (date) that is fine with the majority of our clients but a few of them do not have good credit and we want them to pay upfront BEFORE we send them the results (we are an environmental lab). Is…
  • Deferred/Unearned Revenue

    I need some help with recording deferred/unearned revenue in Sage. Does anyone have experience with this function in Sage? The customary way does not seem to work in Sage, so I need to know how others have recorded it. Please help! Thank you.
  • Overpayment

    Hello, I am currently dealing with an overpayment which is by sense a duplicate payment where the first payment was short. We got an EFT notification (confirmed deposited in out account) for 6,586.00 for an invoice worth 7,442.18. It is company policy…
  • Wrong Interest Rates on Accounts Receivable

    Since upgrading to Sage 50 Quantam 2015, Sage has stopped accurately calculating interest rates on A/R balances. Previously, any outstanding balance was charged interest at 12% per year... this works out to a daily compounding rate of 0.0328%. The customer…
  • How to balance prepayments in history??

    Background: This is the first year of business. The books are being transferred to Simply. I'm unable to proceed from history mode until I've balance the Prepayment account balance to the Pre-order/ Prepayment along with the Deposit account balance…
  • Defaullt PST exempt cutomer

    Here's my problem after the newest update... When a customer is PST exempt we have their customer record set to PST exempt and to charge only GST but about 10 times in a month this particular customer needs to be charged PST on an invoice, Sage will…
  • Emailed copies of AR invoices have disappeared

    Good Afternoon: We have just recently started to use the email feature to send customers copies of their invoices and statements. We use Outlook 2010 32-bit. I set up a folder in Outlook where I park all my AR Correspondence. From my sent folder I…
  • multiple clients on one payment

    Hi, our company has multiple clients for the same product (service) with 3 managers, each over a portion of these clients. These managers collect payment from some of the clients, other clients mail a chq to our office. These managers will then make a…