I am still waiting for an answer to my question 10 days ago.
I started my 1st credit card rec. I entered all transactions from the statement and checked them off. Opening balance and ending balance from the statement. (GOOD)
I am good with all postings…
My 2023 Dec actual RBC bank statement ends Dec 29th
My fiscal year ends Dec 31 2023
there is no banking transactions in my online banking for Dec 30 or 31th.
I have not yet received the Jan 2024 statement, obviously bc the month is not complete…
Hi there! I have a problem with our sage 50. I am currently a bookkeeper and I having a problem with GSt purchases in balance sheet. It doesnt show the negative sign, and it's adding the gst sale and gst purchase. The previous bookkeper up the books as…
My bank reconciliation is out, can I go back and re-reconcile an account?
Also, we have EFT payments that get removed from the bank at the end of one month, but don't come out of our account until the early days of the next month on Sage. This is due…
When working with Quickbooks, we have a really easy way to undo a reconciliation to then adjust one transaction and re-save the reconciliation. How do I do that in Sage 100 Contractor?
Hello,
In the Incoming Bank Transactions screen for my Credit Card, I see 2 separate entries for the SAME purchase : One entry is in CAD (41.18) and the other is in USD (29.99), as shown in the attached screenshot.
Since I work in Canada, I processed…
Specifically asking when you have a PV source journal due to Sage's KB scenario below, what are users best practice recommendations on how they handle the balance sitting in the GL PO clearing account? Do you leave the costs there, reclass somewhere,…
Newbie here. When I go to make an invoice paid that has associated inventory items on the purchase it won't let me change payment to cash so my Bank reconciliation is off by these invoices. So the invoice stays as Pay Later.
How do I make these payments…
My starting balance is incorrect in my remittance summary. I tried to adjust the payments part so it would zero it out but it didn't clear it out. How can I get it removed or adjusted?
I have reconciled my bank accounts and the correct totals are showing with a zero adjustment required in the reconciliation window. Since this is back work (2022) I am working forward and the balance sheet at Jan 1 2022 is not showing the correct statement…
I have some cheques that were issued in 2020 and 2021 that were never cashed and I want to void them and get them off my bank rec. How would I do this? I will not be re-issuing these cheques.
We are trying to clear up some accounts that were never properly reconciled. There are several transactions from past years that we need to mark as reconciled. When we attempt to change them in the Edit Register, we get an error that says:
Could not…
Hi there,
When reconciling my credit card statement, I have a negative unresolved amount that was a YE adjustment from my accountants the previous fiscal year. Is the unresolved to show zero before I post or do I have to resolve this prior to posting…
I have a resolved amount of -$9829.88.. but no discrepancies or unresolved amounts. Is this going to cause problems down the road, what can I do?
What causes this?
Hello all. Not sure why this issue is giving me fits, but I desperately need transaction advice.
Background:
We have 2 businesses: MYC & SHO.
SHO is a non-operating entity, MYC has all operations.
Problem: My CEO deposited an MYC customer…
Help please,
I am almost positive my Sage50 bank reconciliation has glitched in some way. I attempted to reconcile the account with my bank statement - everything matches up.
I have the correct: statement start date; statement end date; statement…
Hi
In attempting to reconcile January 2019, I've realized that the Reconciliation Report 'START DATE' is December 1, 2018. The only issue is that I already closed off 2018. Now, Reconciliation & Deposits shows Last month end balance, along with last…
Good morning everybody,
I have a slight problem, hoping it can be easily fixed!
I'm doing a bank rec for the business bank account and everything equals out and reconciles...
Except one personal purchase was made aswell :/ for $175.
How can I…
