Sage 50 Canada

Hi everyone, I did a funds transfer from my $CAD account to $USD account recently. To record the transaction in Simply, I went to Banking, Transfer funds BUT, when the currency is at CAD, my USD account doesn't appear in the list of Transfer To accounts…

Probably a bit of a silly question, when in the receivable module>Receipt and the client pays via Interact I have to option to deposit into a few different places, it should go to Cash to be deposited or Sales Clearing Account or should I just make Account…

owner used his own personal bank account to pay(interact) for some opening expenses on new business he has opened. A account that I will not be reconciling. He did this before a seperate bank account and visa were set up. This a partnership. How would…

I am new to accounting and bookkeeping and I am working for a plumbing company. There was no previous LOC account on my Sage program. So I created a bank account in current liabilities if that is correct? We transferred money from the LOC account to…

I am taking over the bank reconciliation of an existing company that has not use the bank reconciliation feature before. My unresolved transactions is the prior month bank balance. How do I get that to zero? I have read the procedure on "Reconcile an…

I am trying to get started in Sage 50 Premium 2017. As a small health charity, we receive funds from donors and pay some minor expenses. i am looking for a way to deposit funds we receive in the most time economical manner I can. if at all possible, i…

Our business has two trading accounts - one in US and one in CAD. I need to create them in SAGE and keep track of what was bought, what was sold and the cash coming in and out of the account. Is there anybody else who has done this before? I will be…