Sage 50 US

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. …

I am moving from QBO to Sage50 and am attempting to input transactions for 2020-2022. When I attempt to do this, Sage tells me I cannot because the date is not in a valid period. I JUST created the company but cannot find how to get into historical…

Just got off Sage support where the tech could view my screen. In Sage I have always been able to create a recurring general journal entry in a time period that's to post i.e. for 24 months and into future years. In 2022 I posted recurring GJ entries…

Using my Sage 50, Is there a way to enter recurring deposits or expenses for each month? I have deposit the occur each month same for expenses. Hope there is a way that I do not see. Thanks

While I am doing my account rec, no other users are allowed to work in Sage 50 Remote Data Access. Is anyone else having this issue? Is there a fix? We did not have this issue until we switched to cloud version. THANKS!

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…

Previous CPA transferred a contra-asset account as a accounts receivable amount with a balance forward of approx 16k. I created an other current asset - as the contra asset is not an option and switched the balance forward from the accounts receivable…

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'm using peachtree 2009 accounting. I have a issue with peachtree. I can't save sale/invoicing record with one of customer id. It can save using other customer id. This issue is occur only with one customer id name. Please help me to solve this issue…

I have several properties I collect rent income on. They are all separated in Sage by accounts. I sold one of the properties. How do I record all the line items in the HUD into Sage Desktop?

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…

Often times customers have numerous Prepayments, and certain prepayments are used for certain types of fees. I anticipated to see the text entered in the Description field for the Prepayment when entered on the Receive money screen. This text would help…

Hi, We had received money in 2016, and it was put into 2015 (processed through receive money--no invoice, etc.). We changed the date to 2016 to correct this. Now, we want to delete the transaction (receive money), create an invoice and receive funds…

I am seeking suggestions & guidance on dealing with &/or finding the root of our A/R being out of balance. Here's what I've done/fixed so far: I started filling in for a bookkeeper a couple months ago while she was off work a few weeks (due to a stroke…

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…

Hi, After not reconciling for many years (someone before me), I reconciled and there was a discrepancy of say $800. What account is this discrepancy allocated to? I can't find it in the register. Thank you!

We have one group company A (which i added in my supplier's list) and i have one supplier. Company A made a payment on behalf of my company to the supplier. Normally the entry should have been like mentioned below: Supplier Debit Company A Credit…

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…

We had a fire that destroyed our building, and everything in it. How do I record insurance settlements?

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?

I have a most annoying problem. This is the 2nd time it has happened and am trying to find a solution so it does not occur again. I entered a vendor's invoice along with over 10 of the same vendor's invoices and now it is missing. When I tried to reenter…

Good Afternoon- We had an old check/eft transaction that's been appearing on our bank rec report since July 2013. It was an invalid entry so today I clicked on it and voided it assuming it would credit the expense accounts this month- It is still…

I am very new to Sage and took over for another bookkeeper. He did the bank reconciliations, but he did them all under one account instead of splitting them into the three separate bank accounts that they actually use. I am looking for any suggestions…