Sage 50 US

Can someone help me with an issue we're having in how to handle a retro-active payroll adjustment for "hourly" employees. Occasionally, HR is late in provided pay rate adjustments and we need to make an addition to a current check for unpaid "Back-Pay…

Direct Deposit pulls funds for Aug 2 payroll on July 31. The transaction shows up on my bank statement for July but in Sage in August. What's the proper way to clear the amount from the direct deposit to reconcile the bank account? Thanks in advance.

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…

Help! I have a small company that this year distributed a non-cash award to eligible employee. The value was $500.00, so we need to treat it as income and withhold/pay taxes. How do I enter this in Sage so that the appropriate taxes are recorded but the…

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…