Welcome to the Sage 50 Canada Support Group on Community Hub! Available 24/7, the Forums are a great place to ask and answer product questions, as well as share tips and tricks with Sage peers, partners, and pros.
I reconciled the bank statement for December 2023 in February 2024 and posted the reconciliation. Is it possible to change the reconciliation date after it has been posted?
I have been attempting to have the email address associated with my banking feed for 2 weeks. I have called into support numerous times, was told today that the issue was resolved, it wasn't
I am very green/new to using sage; if I remove the bank account…
HI,
I 've experienced an error from an update made by Sage 50 back around April. For some reason 2 entries re-appeared after the update in the next month's bank reconciliation module. When I dug through the details, I realized that it was an automated…
Hi everyone,
Hope y'all are doing well. I have recently taken on a new client as their bookkeeper and I have noticed that their bank reconciliation was not done through Sage. While there is a hand-made bank reconciliation from last year-end, I am looking…
My business if not very sophisticated. I enter the revenue from the cash register batch out and the interac settlement transactions through a journal entry. I use the line comment to identify each of the Visa, Mastercard and Debit settlement entry since…
I am setting up Sage 50 Cloud Premium Accounting - Canadian and trying to set up bank feeds.
I cannot sign into the bank in Sage50 as we get an error saying there is an issue with the sign-in credentials.
However - no issues when we try to sign into…
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…
Hi,
I recently discover the Bank feed, it's fantastic! But is there a way to "automatically" create a transaction when it's the same description? Like a "rule" or something like this.
Ex: bank fee each month, it's always the same amount, goes to the…
I uploaded transactions from the bank, and matched a bunch of them in the match transactions screen. There were a bunch of transaction which didn't match. Is there any way to get back to the the Match Transactions screen again so they can be entered?
I have always gone back & printed each of my deposit slips at the end of the month. I used to be able to type in the deposit slip # & then press enter. When I do it now, I have to click on the 'ok' button to activate the search. This is a tiny thing,…
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 have an issue with a previously filed tax year where the US exchange rate was posted extremely wrong ($537.61USD = $3016.97CAD). Since it was not corrected when the filing was done, how do I now correct it? I am assuming I need to make an adjustment…
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…
Since the last update my bank does not change when I select a US customer or CDN customer. It used to be that if I paid an invoice or received payment the bank would default to the proper currency. Now it doesn't. Anyone else have this and is it a Sage…
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…
Hi all,
I would like some help to create an account where I can deposit my cheques and cash until i go to the bank. I want to be able to create a receipt once i get the cheque or cash but since its not in the bank yet, i dont want it to go in my bank…
Hello Everyone :
I have reversed a cheque, that should have been a void cheque. I reversed entry, in the bank reconciliation, the entry showing the reverse and the correction is shown. Which should bring it too zero. Now when i go to reconcile the the…
Hi I was wondering why in the banking section my bank account balance is one number but then when i switch to the dashboard or the balance sheet it displays a different balance?
The deposit slip has an incorrect amount and the bank didn't catch it on time. This discrepancy is the unresolved amount therefore I cannot post the bank rec unless I do an entry for such. Is there a way to clear just the incorrect amount so the discrepancy…
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…
I am at year end trying to do my bank reconcilliations so bank fees are accounted for. When I go the select the bank account and put in the start and end dates. no transactions show up. I have posted many transaction for this account. What am I missing…
I have a client using Sage 50 Quantum and would like to use CIBC Positive Pay. It is a very detailed format, with specific character spacing, that the CSV file has to be in.
Does anyone have any experience in creating this file easily? I was thinking…
