• Vendor overpayment

    I have paid the full amount twice for an invoice, how should I adjust for this overpayment?
  • Record a purchase transaction without an Invoice

    I am a new user in sage. I want to know how to record a purchase transaction without invoice but payment made through bank.
  • Payment Amount more than Purchases balance

    I use the Purchase module and Payment module on expenses on my Visa statement. 6 months ago I had to go overseas, in order to cover any unexpected expenses during my trip I transferred $4,500 from my bank account to Visa. The monthly statement came…
  • Accounting For Employee Purchase on Account

    Hi we had an employee use a company account to purchase an item, we paid it already, he now has paid us the cash for the purchase. What do I post and where... do I do a GL entry where I credit the expense account and debit the bank where I am depositing…
  • Correcting J/E for Cheque reissued in Accounts Payable

    Hi...I am having trouble reconciling my bank. I issued an extra payment to an invoice that did not exist with vendor. They pointed it out, i removed the invoice instead of reversing the payment. The cheque does not exist so therefore 1) Reissued cheque…
  • When to create an invoice vs. just paying an expense

    Hi, I am new to bookkeeping and have had formal training in bookkeeping however they never really taught us when to use the create an invoice feature vs. the pay an expense option. I am doing books for a company once a month so I receive everything…
  • Import Invoices

    Hi, My boss wants me to take on the book keeping of another company of theirs. The person who does payment to supplier invoices creates the invoices in Microsoft Access Database. Is there a way to import the invoices and create a payment for them…