• Change Chart of Accounts

    Hi - New VP of Finance is looking to reorganize the chart of accounts to provide a more uniformed look for reporting. However, most of these accounts have been in existence within Sage for 5 + years. They would also like to create subcategories within…
  • Year End Adjustments - Corrections to A/P or A/R

    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 -…
  • Changing Chart of Account Numbering

    I have a client that I am trying to change the account numbering (for expenses). They want to have a more detailed account of everything they have and to be able to look and see how much all is... eg. vehicle--- rep/main, fuel, insurance..., facility…
  • Help please!

    I am entering all the payable and receivables for a ltd company for 2014. The owner used a credit card for personal and business expenses and used the business bank account to pay for the credit card bill. How do I record the personal expenses so the…
  • Create a new company-Choosing Industry & Company Type

    Hi, My company has two books, one is manufacturing and the other one is a pure holding company. I am creating a new book for this pure holding company in simply accounting 2014. I am not sure which industry type and company type I should choose. Anyone…
  • Accounts Payable does not show up in General Journal

    I have to accrue expenses for YE but #2100 Account Payables does not show up in the General Journal. Chart of Accounts and settings are in order. I like to know how this issue can be resolved. Cora