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.
Hello, I am looking for an entry to clear -20000 balance in the 2622 CEBA loan account payable for the amount of the forgivable portion that we previously claimed as income in 2020 but were later deemed ineligible. We have repaid the loan, which account…
I need help! Our small business received a digital grant of $2500 which was deposited in December 2022. We did not make any purchases from this grant until January 2023.
My questions::
How do I input this grant into Sage? I know that I have to put…
Sage 50 Accounting Canada allows direct payments: direct deposit to suppliers and employees plus pre-authorized debit for customers. There are two ways to do that in the program: EFT Direct (Electronic Fund Transfer) and Sage 50 Direct Payments (Beanstream…
With the year-end approaching some recurring questions are: How do I post transactions in next year (2014)? What will be the repercussions of moving a year in the database? The good news is that Sage 50 Canada allows transactions in two fiscal years:…
There are many differences between the 2014 version of Sage 50 and previous incarnations of the Sage/ Simply Accounting software. This month, we’re going to highlight one of the changes that have been requested multiple times in the years I have been…
Our last blog post was about EFT Direct for Sage 50 Canada which is one of direct payment options available. Today’s blog will focus on the second direct payment option. You can process direct payments (for customers, vendors and employees) from Sage…
