Browse By Tags

  • Cannot start a new fiscal year, ask for correct the errors found before performing this action.

    Hi, I am using Sage 50 Canada 2021 currently. I would like to start a new fiscal year for one company, however it keep showing following notice. The showing current balance account payable & Note Receivable is the correct opening balance. This…
  • Currently trending call generators and issues.

    Good Morning community, Every month we go through our system and check what caused the most calls. We then take this information and create Knowledgebase articles and videos so that you do not need to hold on the line for support. We also add our interactive…
  • Year end data

    I have the 2014 Sage 50 Pro Accounting Canadian Edition. It will not let me move to the new year. I keep getting this message " error occurred while moving current year's data to last year. As a result, the new year could not start." Does anyone know…
  • RE: First time doing Y/E adjusting entries by myself and I'm scared to mess up my linked account entries.. can someone refresh my memory so I do it correctly?

    for the vacation payable the accountant just gave me this answer: "I don’t have much experience with linked accounts, but it looks like you would need to adjust each employee’s records in Simply to the balance in the vacation tracker as at April 30…
  • RE: First time doing Y/E adjusting entries by myself and I'm scared to mess up my linked account entries.. can someone refresh my memory so I do it correctly?

    I got an answer from my accountant...: "This entry was primarily for classification purposes for the financial statements, since we have to classify all principal repayments in the next 12 months as a current portion of long-term debt. It’s not totally…
  • Retained Earnings

    We have a problem with Retained Earnings. The amount that is being closed out is not our Net Income. For the year 2013 we had a positive bottom line, and our retained earnings had a negative swing for about triple the amount. We have done an integrity…