• How do I Delete complete vendor, purchases and payments to start over.

    How do I Delete complete vendor, purchases and payments to start over. I added a new vendor Jan 1, 2024 and added purchases (pay later) and then payments. For some reason it is not working out and I want to delete the whole thing and restart. Can this…
  • fixed assets

    First time on here... How do I adjust the value of fixed assets? Specifically, the value of land and buildings owned by the company. Thanks.
  • Payroll corrections can you change/edit a comleted pay run?

    Ran a pay period with the new update, should have counted as december 2023 but instead put it into the new year so there are deductions that shouldnt have been on there and cpp.
  • Merge A/P and A/R

    Is there a way to merge two Accounts Payable or two Accounts Receivables that should be the same account, but are missing a word ie Ltd or Inc at the end?
  • Paycheque Entitlement Adjustment

    I track employee entitlements - vacation and sick days, and OT hours. I adjusted a previous paycheque, to correct an entitlement entry, then realized that employee had another entitlement change. When trying to adjust that employee's paycheque again,…
  • Revise an A/R payment

    Hi everyone, I had a customer pay by cheque, but their cheque was short .01 cent and I didn't catch in until now. I recorded the payment last week. Sage won't allow me to revise the payment to deduct the .01 cent and so obviously my bank reconciliation…
  • Bad Debt with SaaS prepaid liability subscription

    Hi all, I have a SaaS specific question with regards to non-payment/bad debt. A client was invoiced 6 months ago for an Annual Prepaid Subscription (so a liability that turns into earned revenue each month). We completed onboarding and various other…
  • Payroll Tax Remittance

    My starting balance is incorrect in my remittance summary. I tried to adjust the payments part so it would zero it out but it didn't clear it out. How can I get it removed or adjusted?
  • Adjusting journal entries for previous years

    Help! I just noticed that on my review from the accounting firm they have indicated that I need to make journal entries for previous years to resolve the note on the year end adjusting journal entries sheet to address the comment "To record PY AJE not…
  • Vacation accrual adjustment for 2022 after the calendar year end is rolled over and T4's have been filed

    Hi Everyone, Hoping someone here can help put my mind at ease on what I believe I need to do. I have discovered that two employees should have had their vacation accrual % increase as of last September. I know to do this I simply need to correct the…
  • Transaction occurred before previous fiscal year - No it Did not!

    I am trying to adjust a receipt that I made on July 31, 2022. I get a message saying "The transaction cannot be adjusted because the transaction date occurred before the previous fiscal year." Our fiscal year end is June 30th. I KNOW I did not create…
  • Year end adjustments to account payables

    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…
  • reversing bank charges from bank reconciliation

    I have posted bank charges in expenses tab in account reconciliation as of Oct 31. After year-end adjustments, my accountant asked me to move it for next year. For some reason this transaction was not showing up to him. How can I move it to November so…
  • varying pay periods

    Our normal pay period is bimonthly (24 pay days) One person's payroll does not make sense because some periods, his pay stub is correct (march1-15, then 16-30) but some months, the pay stub is incorrect (april1-15, then 25-31). The bi-monthly salary…
  • adjusting entry

    Hello, I recently converted to Sage 50 Premium from Accountant Edition and I was previously able to make adjusting entries to GL 1200-1300-2100 now it is not allowing me to do this ( when I converted I was assured that the premium version had all the…
  • processing stripe credit card transaction fees

    I have a few customers paying by credit card. I use strip which charges a percentage plus a small transaction fee. If I go into simply to set up the credit cards accepted location it only lists a percentage discount. The problem is I not only have that…
  • Data Integrity Check - difference between A/R balance and Unpaid Invoices

    I have just noted a difference of 0.01 between my A/R balance and Unpaid invoices when I ran a Data Integrity Check. When I investigated, I found that the difference arose on the translation of a foreign currency receipt to the home currency. The translation…
  • Comptes clients et fournisseurs de 2019

    Bonjour! Je viens de commencer la comptabilité pour une petite entreprise qui ne s'en occupait pas vraiment. En gros : toutes les factures clients et factures fournisseurs passées en 2019 ont été mises ''À payer plus tard'' et jamais encaissés/payées…
  • manually adjust tax

    Hello, I have the correct tax codes set up for each vendor. However, sometimes there are invoice items that no tax is charged on. Therefore, the tax on the subtotal is not always correct. How do I manually enter the vendor invoice tax when entering…
  • GIFT CERTIFICATES??

    IN DECEMBER I HAD A CUSTOMER WISH TO PAY A CERTAIN AMOUNT TOWARDS HIS SONS ACCOUNT AS A GIFT (WE DO NOT ISSUE GIFT CERTIFICATES) BUT IN A SENSE LIKE A GIFT CERTIFICATE SO I CREATED A RECEIVABLE INVOICE APPLYING IT TO MISC. SALES (REVENUE ACCOUNT) TO…
  • 10% Hold Back

    I have a client that we have been billing now for about 1.5 years and they are holding 10% back from invoicing. The way the billing has been done by a previous book keeper was just doing it as a receivable and leaving the amount to go over 91+ days. My…
  • Prior Year Adjusting entry

    I need some insight on how to make adjusting entries for expense accounts from 2018 to 2019 that were not claimed for 2018 Taxes. I need to carry forward the amounts I made from receipts and Invoices that were charged and paid for in 2018. For example…
  • Receiving online payment with fees - pros & cons

    I'm new to the online payment receipt in the AR, i'm looking for the pros and cons to using this in the receivable module.
  • Need Help Please...Inventory costing nightmare

    Our year end is March 31 ......and we use average costing of inventory allowing for negative values. I cannot figure out how to fix this, and it's completely messing with my inventory and financial statements. What is creating this variance line? How…
  • paycheck issued in January for wrong amount and needs to be corrected along with CRA amounts

    I work with Sage 50 Canadian Edition 2019.2 I have two paychecks that were posted in January with the wrong amounts. CRA remittance was paid based on these wrong figures. I need to correct in order to reconcile the account and do not know how to post…