Sage 50 US

What is the procedure to conduct bank reconciliation for a single month. Thanks.

Is there a way to remove imported bank information from reconciliation?

I have a Bank Account that we only use once a month with a sweep account attached to it. We make one deposit at the beginnig of the year and it is used for the debits all year long with the balance going to a sweep account. How do I balance that in the…

My General Ledger keeps going out of balance. Is anyone else having this issue since the latest update?

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?

Hello I started a new job, and there are some checks that are cleared by bank but still outstanding in bank reconciliation. This checks are form prior year, how can I clear this checks?

Hello, I just start a new job... since I have lot of outstanding checks from 2022, I decide to look for bank statements and I was able to identify that some of them were already cleared by the bank but not in the system, so they still outstanding in my…

I am a new user. I posted by 2022 Year End balances, closed off the year. Now I want to download 2023 bank transactions and credit card transactions. Do I have to go month to month or is there a way I can download 12 months and work the entire year?

1st timer at reconciling! Have a few questions. 1. I input the statement ending balance and change date to date of the statement I'm working on. Are those the only 2 things I put in? 2. Are there any other reports I need to print prior to starting…

The credit card accounts payable does not match the credit card aged payables. I follows sage 50's instructions for this transaction. 1. Enter invoice from vendor using inventory, regular accounts payable 2. pay vendor via credit card by changing cash…

I am reconciling my acct. I entered beginning balance for my first reconciliation to balance out my bk statement, I want to delete the transaction. When I try to delete it, it won't delete. then I tried clearing it and hoping it would eventually balance…

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…

If an inventory item on a PO is paid with our company credit card at the time of purchase how do i show the invoice as paid?

I am trying to enter a prepayment for a customer using the prepayment check box, as we have received the money but the product has not shipped. I click the "Apply to Revenues" tab and enter info. I get an error saying "The Invoice/credit memo number…

My company is pretty out of date on a specific set of bank accounts - and by that I mean 3 years behind. This sage account is not used for the business purposes, but rather for the employer's personal trust information, so it hasn't been the end of the…

All bank accounts are Current Assets, but in Sage Accounting a Credit Card is also a current asset, but it is not. A credit Card is a liability, so why can i not loaded as a liability. In my Trial balance it shoes a current asset on the credit side. I…

Hi Everyone... I have the following situation, the system does not allow me to select a transaction in the account reconciliation process, just have this issue with one line. I already deleted and created again, and still not working. Need help!

For the past few months, the account reconciliation is showing a duplicate check but with a zero balance. When you click on the zero check, the check appears with the correct amount. After 3 hours on the phone with Sage support, the answer was to delete…

I have an entry showing another vendor - when in the check register it is correct. Why? How do I fix this in the reconciliation window? Also when I have 2 separate deposits, entered separately, Sage 50 combines them into a single deposit in the reconciliation…

My income statement revenues total is different from my month end report/ aged receivables by almost $6k. Is there something I am missing?

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…

To be clear I am not talking about going through sage payments here. I am speaking of accepting a paypal or square payment. Both of these take their cut and send me the balance. How do I set things up so the money subtracted and the subsequent balance…

I've been doing bank reconciliations for years on this program without a problem. This month however I was able to reconcile the account, print the report BUT was unable to save it in the program. Any suggestions?

While using Sage50 US 2022 we notice that an Deposit is not visble on the Bank Recon. The payment exisits in AP / Payment I have check reports that shows the transaction was cleared. However the entry is not visible from the Bank Reconciliation…

I'm not sure how to record a refund on my credit card statement when I'm doing my reconciliations for both the credit card payment and then in our bank account reconciliation. I input all of my credit card transactions under "Purchases/Receive inventory…