• 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 an…

  • 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 SHOW…

  • 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? 

  • 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…

  • Fix Inventory count without adjustments?

    I realize this question may be very similar to others, I did look around though the forums... the answers to me didn't seem like they were what I was looking for, but I'm not an accountant in any stretch and started using Sage 3 weeks ago so please bear…

  • Accounts Receivable Posted Twice to Revenue Account

    Back in May I created an Accounts Receivable entry and posted the amount of the A/R to a Revenue account. When the customer paid the bill in July and the bookkeeper made the bank deposit he forgot about the A/R and posted the amount to the same Revenue…

  • Can't process sales invoice due to cost of inventory items change

    Hi, all:

    While I modified a sales invoice, this is error message:

    "The cost of one or more items has changed since you started processing this transaction. If you recently printed this transaction's Detail report, reprint the report to see the effect…

  • Opening Balances in Departments

    Hi,

    I am transferring my company's chart of accounts from Accpac to Sage50, and need to enter opening balances in the chart of accounts. The company uses departments to separate accounts for different properties and I need to enter opening balances in…

  • How do I correct an opening balance error in bank account?

    When the system was setup, the person who did the setup, opened the bank account with 50K CR instead of 50K DR.  When I took over in January, I wanted to correct the opening bank balance.  I went through the account setup and changed the opening balance…

  • combine two Accounts Receivables

    I am trying to combine tow A/R into one.

    here is the scenario: A/R account has an account left over from last year. So when I tried to add to it it didn't allow me, the account didn't show up as it is a control account. Than I changed it to A/R general…

  • Inventory and item cost problem

    Hi

    We have a problem with my inventory.

    We do house and buidling wiring.  We sold and install different type of cable and sometime it's sold foot by foot or in a package and I have an ''service'' item for that purpose.

    Also since…

  • LOC set up wrong

    The bookkeeper before me has the line of credit account set up as a cash account. So I am unable to record payments on it and account for it correctly. Sage will not let me simply change the account type to a liability. It is only giving me asset options…

  • Correcting a mistake that affects bank reconciliation

    Hello all,

    I am just getting back from a med leave and have found an error that my temp made. Wondering if anyone can help me out.

    We post a recurring entry each month, which is a direct deposit to us. I had posted Aprils payment before I left. However…

  • linking two accounts Receivable to balance data integrity checks

    Hey there,

    When setting up from our last accounting software we had two accounts receivable, one in cad $ and one in us $, as well as three accounts payable, the extra being for GBP. When linking my accounts receivable to my customers for the linked account…

  • Cannot enter inventory adjustments. Help please?

    Using sage 50 premium accounting. 

    I recently started at a place that has their inventory listed in sage.  It is our year end now, and I can't make inventory adjustments to actual because:

    When their inventory items were originally entered, they entered…

  • 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…

  • Repayment of EMployee benefit

    Hi

    We had an employee go on maternity leave, for just under  a year.  We continued to pay her medical insurance.  There were no weekly entiries made, as it normally came off her check .  Now that she is back, i need to figure out how to enter her payments…