Sage 50 US

Is anyone out there using Fortis for their credit card processing? If so, what has been your experience with them?

Hello there. I have two questions. Question 1 I have purchased a new company car and financed all of it thru a bank. I would like to know how to properly show the asset in the system and set up the payments for it with principle and interest. …

Is there a way to track if my accounting clerk changed a transaction after it has been posted and reconciled. I got a weird situation, where I cut a check for 2 invoices and have the print out. Later, upon further reviewing, that same check showed in…

What is the procedure to record the Sales Tax paid to vendor when purchasing inventory. Any assistance will be appreciated. Thanks.

Hello, What are the final journal entries to record Payroll by an outside payroll company that has already completed and paid all of the payroll taxes? Am I able to just record the expenses or is there still liability entries that need to be completed…

the Peach Tree software we are using is pretty dated I believe 2011. We receive statements monthly from the bank for a large equipment financed loan. The accounts used in setting up the loan were Note payable to the bank; Interest Expense, and the other…

Being able to key the actual AP invoice date regardless of the period open, would be an awesome feature to implement in the software. So, basically, if you have closed a period, say November, but you receive an invoice with a November date, you can still…

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…

We are looking into accepting credit card payments. I know that this is something Sage offers through Paya but if we would choose to use another credit card processing company, how are the credit card payments posted in Sage? We currently use Sage 50…

So i came into the office today and started to do some sales invoices. Maybe after i posted three invoices i noticed that account period was still stuck on 20. It should of been 21 due to it being a new month. So i went to switch account period, clicked…

I am new to Sage 50. Our company is currently using Smartposting. The previous company I worked for used more of a batch type posting method where we posted all the transactions for the previous day. I like Smartposting but I would still like to get a…

Our company sells products via Amazon, which levies a (selling) fee on each transaction. Amazon deducts their fee from the sales price of the product, in effect reducing income. I have an expense account ("Selling Fees-Amazon") established to capture…

Retail store has received inventory through Sage 50 US edition 2017. Inventory vendor invoices are paid ACH. Accounting person reconciling bank statements did not apply electronic payments to vendor invoice in Sage prior to reconciling. Reconciled bank…

Good Afternoon, We operate 2 businesses and use Sage for both. We recently started processing our credit card differently and I need some advice. We use 1 credit card for both businesses as they are related to each other. We make payments to the credit…

I've recently updated to Sage 50 - 2016 but I can't view my bills or invoices or it takes 10 to 15 minutes to load. Any suggestions? Fixes? Shows: Your Data is Loading... I left it at one point for more than 1 hour and nothing - couldn't entered invoices…

There is a lag time between invoicing customers after they receive our items. We quote first, then ship quantity when approved. It can take a week or two before we invoice due to volume. My employer wants an accurate count (immediately) of inventory…

My Aged Payables is off compared to my balance sheet payables looking for the correct way to post a journal entry to make both accounts balance. I have gone back this balance has been off for sometime. Thanks for your help.

How to record Customer Post Dated Cheque and Post Dated Cheque issue for supplier or vendor?

We have a business line of credit and took an advance from the bank they send us a statement monthly to pay interest charge only and/or pay additional principal towards the advance on the loan. This was an automatic transfer into our checking account…

Issue I am trying to resolve: Sales Journals with multiple Invoices appears to repeat the import when it should end and I get the error message that there is a duplicate Invoice number on line number ?? The purpose of my project is to reduce duplicate…

I've recently updated from Peachtree 2010 to SAGE 50 Premium Accounting 2015 and have a bunch of customer that have a bill as one line item and then a payment as another line item. But, they don't wash out. What can I do to get the bill and payment to…