Sage 50 Canada

When posting a purchase invoice in Sage, how do I get the HST added to the expense instead of HST account? We are a small business so we cannot collect the HST we pay on purchases. When I enter a list of items on an invoice with different accounts, I…

I just set up a new company and set up a tax code for GST. GST calculates in the individual line in the purchases window, but does not show in the calculation at the bottom (so it will not be included in the final posting of the invoice). HELP!

hello I am trying to record meals and entertainment expenses where the gst/hst portion is 50 % recoverable. how do i set up this tax code so that the gst/hst claimed is 6.5% and the balance of the gst/hst is recorded in meals and entertainment? …

I have received two credit invoices from a supplier, we entered them into Sage 50 using the payables Credit Note option. When we look at the credit notes they show properly as negative dollar amounts, but when we run an Supplier Aged Detail report they…

I haven't been claiming and ITC for business meals and travel expenses but I recently learned that I can claim 50% of the HST as and ITC. How do I set this up in Sage to indicate that 13% tax was paid but only 50% of that tax is claimable as and ITC?

Hello, I have problem of paying the remittance for the month of December. So, I updated our sage to the 2021.1 yesterday and today I wanted to pay the remittance for December. For a payroll of $44369.77, Tax $6048.36, CPP $2023.48, EI $611.19, if…

Hi everyone, thank you for reading this and your help is much appreciated! We are a Canadian company, we invoice an American company in USD, they pay us in USD, which we deposit to a USD bank account. We also transfer USD from the USD Bank account to…

have a new client. in Vacation pay in his payroll is a line "Bal. Fwd. (as of Jan 01,2020) and it has a YTD balance 4 out of 9 employees. I have not seen this in any of my other clients. Is this a balance still owing to the employee from 2019? If…

Why is it showing zero and where do I have to look to check the problem. Thank you in advance.

Hello, we applied 18.25% fuel surcharge 'service' but there is a huge calculation and huge discount on the invoice proper: Looks quite different from the screen invoice We should just see $36.50. I looked at the Fuel Surcharge service…

I was just wondering what is the standard Monthly Interest Rate charge that you would enter when setting up your Receivables. Any help would be appreciated. Thank You

Client is charging 2% interest on overdue accounts. Sage says 422.54 in interest on the following invoices - on the 15th-day interest starts, ( not doing statements until Dec 31, so used Dec 31 as end of statement date). I thought it was high, so calculated…

I am using a trail version Sage 50 and failed to get HST showing on a sale invoice even though the tax code ( 13%) has been selected. I have tried many ways but none of them is helpful. Kindly share your solutions with me.

Is there a way to have the system calculate based on the subtotal, as certain percent. I am doing this manually now.

Hi, Had customer receive a portion of parts order. I issued a credit invoice for the parts not taken by the customer, but when the customer paid they paid for all the parts on the original invoice,(which has been deposited and posted towards the original…

another question on this non profit client. I have set up 5 different departments to represent the different revenue and expense type. Within each department are several accounts. It's the exact same set of accounts under each department (eg. I've number…

I have a situation where I need to have both GST collected and GST paid on the same sales invoice. The GST collected is calculating correctly on the gross sales amount and goes to the GST collected account. But I have not been able to figure out how to…

I have a client who is based in BC. He was contracting his services to a company that used to also be based in BC. However, this company has been taken over by one in Ontario. Now when he is getting his royalty payment they are adding on 13% HST rather…

I've done a lot of research on this and can't find an exact answer. I'm setting up Payroll in Sage 50 Pro Accounting. The employee 'Income' list shows 'Salary' as an option. In the table there is 'Unit' (Period) and then there is 'Amount / Unit' and then…

my client is in BC but went on a business trip to Ontario. They charge 13% HST in Ontario but it's only 5% GST & 7% PST in BC. Should I claim the entire 13% as an ITC or only 5% which would be the GST portion?

How can i create Invoice/statement in Receivables module if my client wants to withheld 10% of the Billed amount?

Hi, I am having a small problem with the way the GST is calculating. It looks like the GST is rounded on every item line which causes a discrepancy when you take the subtotal and calculate GST versus line by line. Is there a fix for this? Or is this…

HI I'm new to SAGE and accounting in general but starting to get around better. I have been getting an error message when trying to enter purchases in the GL. "This transaction uses linked tax accounts, but you have not entered tax information for…

Hi, I've recorded a prepayment of $236.47 on a Purchase order, and one Purchase Invoice against it, totalling $108.45. The prepayment balance of $128.02 shows on the aged A/P Payable, in the G/L balance, and on the Purchase Invoice screen when creating…

I have sage 50 CAD when I do a trial balance it shows my USD AR as USD (28525) and CAD Equiv of CAD 203,525 When I look at my receivables list, I have 152686 in USD receivable why does the trial balance show a negative FX balance