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  • 1st credit card rec

    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…
  • Account Reconciliation

    Is there a way to void a past reconciliation? Last month I accidentally put the last day of the period in error and now it says the account has already been reconciled for that period. Is there a way to redo this?
  • year end bank reconciliation - bank statement date is Dec 29th not 31st

    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…
  • Reconciliation

    I am trying to get my Bank feed to connect but keep getting an error that says to restart my connection. I do and the same thing pops back up. When i create a new company I can get the bank feed to connect and when I log into another company I can get…
  • How put negative sign in Gst purchases in balance sheet

    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…
  • upload bank statement

    Hello - Can I convert my bank statement from pdf format to the .ofx for sage upload? I can't seem to find the option when downloading from my bank.
  • Bank Reconciliations

    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…
  • Month End

    My income statement revenues total is different from my month end report/ aged receivables by almost $6k. Is there something I am missing?
  • How do I Undo a recent reconciliation so I can rectify something?

    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?
  • Account Reconciliation Stuck in July 2022

    Hello, After completing the most recent update, my account reconciliation is stuck in July 2022. I can change the "period" to any month and it will still show July 2022. Live Chat has been no help and says that I'm not who I say I am, so I am hoping…
  • Incoming Bank Transactions : transaction appears twice on VISA statement (2 currencies)

    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…
  • Purchases Clearing Report <> balance with PO clearing GL account

    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,…
  • Paying invoice that has inventory

    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…
  • Adjusted book balance not matching statement

    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…
  • CM Old Uncleared Transactions cannot be reconciled or changed

    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…
  • Help! Bank Reconciliation Shows Cleared Item Before I select anything

    Hello! I am trying to fix a bank reconciliation that got unbalanced due to a transaction being edited and not saved correctly when the account had already been reconciled and closed. I have verified all the debits and credits. However it says I am off…
  • Accounts Reconciliation cleared deposits repeating

    When I clear a deposit transaction in the account reconciliation of the current month it shows up again in the following month. In reconciliation the deposit is cleared from the previous month, but appears unclear for every following month. Can someone…
  • Bank Reconciliation Turn Off Autocleared

    Just wondering if there is a way to turn off Autoclearing in the bank reconciliation of Sage 50 2020? Because of the way Sage handles CC that don't close at the end of the month it's really frustrating. It would be great if autoclear could be run manually…
  • Account Reconciliation - Account Blank (no data showing)

    When we come to close the prior month, we are finding that certain accounts (in particular our 'Operating Account') is showing no data when we attempt to reconcile the account. We can select other accounts from the drop down and the data displays, however…
  • When importing a credit card statement into reconciliation field...

    ...only transactions from the current month download. In other words, the statement covers a span that includes dates in two months (ex: Jan 15th through February 14th), but only the transaction in February are downloaded. What am I doing wrong?
  • Intercompany Transaction - Check Deposited to wrong entity, need help with AR Offset

    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…