Sage 50 Canada

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

We are looking to start saving a scan of say, an AP invoice to our system via the link icon in the tool bar. We are saving the scans (pdf) to our dropbox account. Yesterday I completed one to test it, and because it was in a folder only accessible to…

Can you guys please share with me any good experiences with AP Automation software? I want to hear from actual users, not sales people please. We've tried Auto Entry a little bit and had some struggles with it. And if I have to sit through one more demo…

I am trying to post a J/E to my A/P account but it doesn't show in the account search. I realize this means the A/P account is linked somewhere and I can't figure out how to unlink it. I think it is defaulted to Vendors & Purchases module.

Hello, When I was doing the bank reconciliation, I realized that one of our vendor cheques was deposited in a wrong amount. The amount we issued was $153, while the bank statement showed $53 only, not sure if it's due to a misread of the bank teller…

Hello, I am trying to produce a reliable and accurate cashflow statement in Sage 50 Quantum Accounting Canada. To me, a cashflow statement should start with net income, then take into account cashflow adjustments from operating activities, investing…

Hi, I recently printed my Supplier Aged Summary Report. All the suppliers I am familiar with except one that we have not purchased from since 2007. This supplier has been paid in full many years ago and the supplier is not active with us. Because…

Can I use sage to create purchase orders?

I have one cheque that was written in 2021 but lost. I need to VOID this cheque and reissue in 2022. I can reverse the original payment with a JE so the new cheque will zero out the 2022 expense. This will ensure that my expense stays in 2021 and does…

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…

Is there a recommended format for a vendor name? Should it be last name first, first name or just the full name with first name first. Ie Smith, Tom vs Tom Smith.

Hi everyone, My company is having a refund from WSIB due to last year reconciliation. For some reasons the refund wasn't issued and staying in the account balance. We decided to not receive the refund and instead using it to pay off the latest month…

I have an application that I need to have integrated with sage 50 CA. I need to pull info and push back ap and AR invoices, projects and time entries. Who can help me?

Hello all, I need some help with a Purchase Order that seems to have glitched. Long story short, I converted it to a Purchase Invoice, but it still shows in my list of active Purchase Orders: Here are the relevant journal transactions. You can clearly…

We just paid an invoice dated in 2018 on March 27, 2020. It show up in the aged vendor detail report but it did not show up in Bilan nor accounts payables dated on Feb 29, 2020. I'd like to know why and how to resolve this problem. Can we enter an entry…

I accidentally entered a payment amount in the 'interest box' when making a credit card payment.... then reconciled that bank account... What would be the best way to re assign to the correct accounts?

Hello, Last year I invested personal funds to manufacture a product that I’ve been selling online. The money is not expected to be paid back for a couple of years so it’s important that I know at what point I’ve covered my cost. As last year was the…

I use Ceridian as our payroll provider and am wondering what is the best way to enter employer and employee deductions in sage when entering in the payment to the payroll provider?

Is there a way to make an adjusting entry for the previous year after a new year has been started? I need to enter an accounts payable to 2019 that was not discovered until after I had rolled over into 2020. What is the best way to do this?

For example, on Thursday, September 12, our employees will be for their hours of the previous week, but on the pay stub, it is registered for the period from September 9 to 16! Can I do the next pay, on september 12, but for the same previous period?

Hello, I am working with a client that uses the business card for a lot of small purchases and provides the receipt as an expense. Meals, Transporation, Small tools/hardware. I did not want to enter these as a "payable" individually and began compiling…

I have signed up to utilize the Electronic Funds Transfer processing that is now embedded with Sage50 Canadian edition (including signing up with SAGE and getting the necessary file transfer protocols and security tokens required to file transfer to our…

We have a supplier that we paid using a finance/credit card company. Do I pay the bill using the credit card account? I thought of paying the amount using the credit card account, then doing a journal entry and taking the amount out of the credit card…

I have an invoice for inventory $1620.46 but it also has $517.75 us exchange totalling 2138.21. how would I enter this? How do I ensure that the inventory is charged out without losing money?

Good day, I use Sage 50 Premium 2018 (Canadian Edition) and it does 99% of what I need it to do for my small business. Things it doesn't do that could benefit me (as well as other users I'm sure) are: 1) Allow multiple addresses for the same…