Sage 50 US

before I did the year end close for 2020 my Balance Sheet report was in balance Assets = Liabilities .When I open sage for 1/1/2021 my balance sheet was out of balance , Assets and Liabilities totally out of balance and there was 2 accounts that should…

Is there a way to put multiple funds in one account to reconcile. Right now I just keep a separate excel spreadsheet to keep track of the money going in and out of different funds. I have been shown that in Quickbooks you can put multiple funds in one…

An ACH payment was deleted from the account register instead of voided. The payment wasn't made. My cash account is out of balance. How can I find the deleted transaction and void or what's the best way to handle this?

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…

Does the account reconcilation have to be done on the Owners Copy only, or can other users reconcile too if the drive is paused?

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…

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…

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…

...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?

since the last update, when we reconcile the bank statement, the deposits show up for different years. the amount is correct for the current year but it has a different date in the reconciliation than when it was entered. Need help how to fix 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…

I'm tasked with reconciling the A/P aging report with the A/P GL account on the Balance Sheet. Going way back in time, the last date that it was balance was 07/2019. Does anyone have any tips on an easy way to reconcile the two totals? I've have found…

All the January payroll checks are missing from the bank reconciliation. Any ideas of why we see all the checks outstanding, but not the ones from payroll?

The Security Deposit for utilities was not brought over to new fiscal year as it is $0 in the opening balance. When I check the account in the account reconciliation, the amount appears as 'deposit in transit' but it should not be the case. Please help…

There are unreconciled differences in my bank account since the auditor posted adjustments to closed periods. How can I remove or adjust for these differences during my next reconciliation?

Hi all - I recently inherited an accounting position where my predecessor was playing catch-up trying to re-create a company's records with incomplete information. The company uses 2 credit cards to help with cash flow in paying vendors. I recently…

Does anyone have a solution to a problem I'm having with Peachtree 2013? The program crashes every time I try to reconcile an account. I've already tried to rename userpref.dat to userpref.old with no success. I have also tried the suggestion of creating…