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Hi, Could anyone please provide the Account Type number mapping to the descriptions on this page ? Here's the list to make it easier, with my guesses: 10 Accounts Payable 1 Accounts Receivable ? Accumulated Depreciation 24 Expenses 4 Fixed Assets…

Hi all, I am creating a new chart of accounts to match the P&L to the financial documents produced by our auditors. In the Detailed P&L they have multiple Main expense categories (Employment Costs, General Admin Costs, Establishment Costs etc).…

Complete overhaul of chart of accounts in Sage 100. Moving from a six digit account code (department and subaccount) to a 12 digit (four digit sections - main / cost center / subaccount. If anyone has ever done anything similar and has any advice, it…

As an example, I sell Receiving Sets which include a Burp Cloth and a Receiving Blanket. I set up the items Burp Cloth and Receiving Blanket as stock items with the inventory account 12000 (supplies). I set up an assembly Receiving Set and put in the…

I have removed/reversed the transactions in the account. But I still can't delete it. The number of the account fall directly inbetween another 2 accounts that are in use. so I can't create a new header account to delete this one. It is stuck our in no…

I just got the mandate as volunteer Treasurer, Should it be posted as invoices and payment or otherwise ? I've seen a Youtube video with Sage 50 setup specifically for donations and funds management. I can't see such options into the version I have…

Please I need an idea on how to set up and use Sage 50 Desktop for poultry and crop production business that produces and sells egg, bird, feed and agricultural produce. How do I treat the egg, bird, agricultural produce and feed produced. How do I account…

I am setting up a chart of accounts and I want to edit an account number but it is grey out. Not all of them are just a few. Any ideas why?

I would like to ask, the Other Income which the system put on Revenues, under Sales Income. Can I add Other Income under Gross Profit? Thanks!

We are in the final stages of building a house that we will rent out. I have set up a project to track expenses and revenue, but not entirely sure on the accounts to use. Would I set up an expense account for appliances 5115 and an asset account 1840…

Please I need an idea on how to set up and use Sage 50 for poultry and crop production business that produces and sells egg, chicken, feed and agricultural produce. What item class is best for the egg, chicken, agricultural produce and feed produced.…

About the chart of accounts The chart of accounts is a list of all of the accounts used by your business. These accounts are known as ledger accounts. You can use the chart of accounts to analyze your income, expenditure, assets, liabilities, and…

About the chart of accounts The chart of accounts is a list of all of the accounts used by your business. These accounts are known as ledger accounts. You can use the chart of accounts to analyze your income, expenditure, assets, liabilities, and…

Hi - New VP of Finance is looking to reorganize the chart of accounts to provide a more uniformed look for reporting. However, most of these accounts have been in existence within Sage for 5 + years. They would also like to create subcategories within…

When I try to add a new account I'm running into trouble. I go through the steps of clicking on the new icon and then enter the new account ID and description and account type. I click on save and then close. That's when it asks if I want to save changes…

Hello, I need to set up a segmented chart of accounts in Sage 50 Canadian Edition 2019. A same code would look like this 1010 - 1000 Cash - Operating Fund. Is there a way to do this in the Canadian Edition? All the instructions I have found for the…

The problem I am having is in the chart of accounts. The accounts receivable is supposed to be a money in/ money out type of account. My accounts receivable is taking money in but not out for credit card sales only. I have to move the money out via general…

All If a company want to have a different general ledger account per company for the same inventory item, use the same account core model, is this possible? Keep in mind there are 15 different companies.

I am wondering if there is a way to copy a chart of accounts from one company to another?

Hello, Each quarter we are sent an amount that needs to be paid to both the Federal and Provincial Government for provisional taxes. I'm not sure how i should be entering this in sage 50 and which accounts to use. Thank you Nicole

I am trying to migrate from Tasbooks to Sage 50c accounts at the end of a Vat period. I have there issues: 1. I’d like to make sure that the nominal code numbers created in Sage have the correct sequence (ie account number ranges) for our balance sheet…