• Impossible d'entré une transaction dans le Journal général à plus de 2 ans en arrière...

    Bonjour 

    J'essai de rentrer une transaction 2 ans en arrière dans le journal général de Sage50 et ne veut pas le faire... comment faire?

    English version :) 

    Hi i try to enter a 2 years old transaction by the general journal and…

  • 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…

  • Leashold Improvements

    Hi,

    Our business relocated and signed a 7 year lease. As the building required renovations before we could occupy we acquired a bank loan to cover the cost of a portion of the renos. Overall the renos were about $40,000 more than the loan received. As…

  • 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…

  • 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…

  • Inventory General Journal Entry

    Good day, 

    I was wondering if someone could please help me with my predicament . I was asked to record inventory but i've never done it before in Sage. I understand beg + purchase - Ending = inventory. I have debited the beginning inventory and I recorded…

  • 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…

  • 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…

  • 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…

  • 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…

  • 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…

  • Payroll was entered manual and now entering in module -- Different amounts

    Taking over a client who entered payroll in GJ from the online CRA payroll calculator.  The journal entries have wrong calculations (for income tax) and one employee was CPP maxed but she continued to post/deduct.  When I am re-entering the information…

  • Voiding an Invoice

    Hi everyone.

    I was hoping someone could help me or guide me on this situation. I have a customer who signed a contract and gave a deposit in 2015, however, same customer decided to cancel the job when we were ready to start this year. My question is,…

  • Multi Year Data Input and Adjustments

    Hi, 

    Situation: My client recently lost all access to their old accounting software (the only access they have is to their data is via excel reports). It is my job to import their trial balance from 2008FY to 2015FY into Sage 50 2016 CA. My next step is…

  • Historical Inventory - Help!

    On April 1, we set up historical data for our inventory products.  Several of these inventory accounts used serialization.  Switched to go live, and then when trying to process a sale, the items associated with serialization would freeze the system. 

    After…

  • Vehicle for sale

    Recently our company has started selling vehicles. I need to set up each vehicle as a cost object (I say cost object because I have considered doing and inventory item or perhaps a project) that needs to have the ability to have costs added to it such…

  • Tax paid and taxes payable adustment

    Hi, I have $1 difference between tax paid and taxes payable accounts due to write off by the provincial govt. I don't know how to clear it and to which account. Could you help me to resolve the issue.

  • YR END Closing Owners Drawings?

    Hi All, 

    I am a bookkeeper for a sole proprietorship. When I took over last year I was basically left to figure everything out on my own and told to go off what had already been taking place. The business has never closed out Drawings at year end. I thought…

  • WCB rate change

    WCB rate got changed during the year. The WCB payable account now shows $21 more then actual liability, which I've calculated based on the current rate. Did not realize it until now when verified it with WCB.  How can I adjust the WCB payable account…

  • Inventory and Project Help

    Hi

    I have 2 issues I am trying to figure out and would value any assistance

    1.  Inventory raw material 

    We buy sheet metal by the plate size and sell by the sq ft but often the cost of the same material thickness will vary by the size and quantity of the…