Sage 50 US

Hello. I'm trying to sort through our inventory and I'm looking for a way to purchase a part that comes as a kit and then sell the individual pieces from said kit. The problem is the kit is one part number and the individual pieces are another. I have…

We had a customer return some material. We issued a credit memo for these items...each piece was entered onto the credit memo and the quantity that was returned. When looking at the inventory reports it does not show that the material was put back into…

We have a varying ratio of raw material vs. final product. Only at the end of the month we can find out the real ratio after having done an inventory count. How can this be properly processed in Sage 50? Here is what I would like to do: Inputting…

We use SAGE 50 for tracking job costing. With this, we do inventory adjustments for a high priced part as soon as we know we need it so we can see if we need to get some on order as they are a two month lead time part. As we do this, this part, at times…

I entered a bill for $3000 and paid it. the vendor called and said the bill was for $5000 and turns out I entered the bill wrong initially. Since the month was still open I changed the bill amount from $3000 to $5000 which created an open balance of…

heleo friends i have created a wrong inventory by back spacing the Sub-stock Item (ID) and save as a new inventory. it results the missing of line item data in the sales invoice etc Please guide me how to correct it

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…

Hello All, I recently took over the accounts payable department at my job. I learned that when they close the year out, they do close the current year, they actually close the prior year. For example: 12/31/15, they closed out 2014 not 2015. My questions…

I started a new company as of 2014.. And the company has beginning inventory balances from 2013. I've entered those in and it is totally jacking up my Income Statement.. In my, obviously wrong mind, the beginning balances from the previous year, shouldn…