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  • Prepaid Supply Inventory Account

    Hi, I started working in a distributor company. and we use Sage 50. We have only one inventory account in our chart of accounts for our products to sale and for supplies (warehouse supplies-packaging, catalogs). Is it correct to have only one account…
  • Accounting Practices - Procedures

    Hello everyone. We are an E-Commerce Distributor and Furniture Importer located near Chicago IL. We are currently looking for a consultant that can come in, review our Accounting procedures and see if we are utilizing Sage 100 to its fullest potential…
  • Aid in understanding a simple accounting question.

    I do not have a very robust accounting system as of yet. I have thousands of products and no time to individually enter each transaction at this point. Basically I want to track my sales and taxes so that "folks don't throw rocks at me". When I do a daily…
  • Transfer Money from one account to another.

    I am really new at this program and accounting in general. I tried to use a general journal entry to transfer money from one account to another. What I ended up with was an extra 14k in the account that I was transferring from and a debt for an equal…
  • Service Based Company Seeks Same

    We are a service oriented business serving the mid-Atlantic area using Sage 100 ERP. The majority of our business is maintenance and repair of diesel engines. Service calls come in and a tech is dispatched. Work takes an average of 1-3 days. Customer…
  • Inventory - retail

    Process: Create purchase order for inventory items When inventory is received. Purchase order is converted to invoice using packing slip number. Invoice received un-checked When invoice arrives - Invoice is adjusted to reflect invoice number and…