Sage 50 US

How do you enter a transaction when an employee charges personal transactions to the company credit card? And what GL accounts should be hit? I usually just put them into the General Ledger. Also, when they pay the company back (let's say with a check…

Using Sage 50 US Premium Accounting Several years ago, I created a custom financial statement report. In this report I created Level 2 group totals for several groups. Now I have added a few new expense accounts I would like to add these accounts into…

Hi, Could anyone please provide the Account Type number mapping to the descriptions on this page ? Here's the list to make it easier, with my guesses: 10 Accounts Payable 1 Accounts Receivable ? Accumulated Depreciation 24 Expenses 4 Fixed Assets…

As an example, I sell Receiving Sets which include a Burp Cloth and a Receiving Blanket. I set up the items Burp Cloth and Receiving Blanket as stock items with the inventory account 12000 (supplies). I set up an assembly Receiving Set and put in the…

Please I need an idea on how to set up and use Sage 50 Desktop for poultry and crop production business that produces and sells egg, bird, feed and agricultural produce. How do I treat the egg, bird, agricultural produce and feed produced. How do I account…

I would like to ask, the Other Income which the system put on Revenues, under Sales Income. Can I add Other Income under Gross Profit? Thanks!

Please I need an idea on how to set up and use Sage 50 for poultry and crop production business that produces and sells egg, chicken, feed and agricultural produce. What item class is best for the egg, chicken, agricultural produce and feed produced.…

When I try to add a new account I'm running into trouble. I go through the steps of clicking on the new icon and then enter the new account ID and description and account type. I click on save and then close. That's when it asks if I want to save changes…

The problem I am having is in the chart of accounts. The accounts receivable is supposed to be a money in/ money out type of account. My accounts receivable is taking money in but not out for credit card sales only. I have to move the money out via general…

Hey Everyone, I've been searching Sage City for a few months looking for a solution to my problem but haven't been able to find an answer or a post similar to my issue. Our General Ledger has a GL with a Balance starting in 09/2019, but there are no Debits…

The question for Peachtree users : In 2016 yr book, I set up accrued expense accountant without beginning balance then I have two entries total about $(4800) in 6/30/16, the ending balance of 2016 should be $(4,800) but in 2007, there is no beginning…

I know the fields required and that it needs to be a CSV file, but would love to see an excel template to make sure mine is set up accurately. For example, our Account structure has 3 segments separated by a dash - not sure if those are separate fields…

Hello! We just implemented Sage 50 and used the following account structure FF-CC-DDD-AAAAA where FF is the fund, CC is the campus (location), DDD is the department and AAAAA is the account code. For example 10-01-901-51070 is the general fund, main…

what is the procedure to create floating nominal accounts in Sage 50 US Edition? We have some cash / bank type account that are sometimes overdrawnn and need to be shown as liability. Thanks

I am confused on what accounts I need to use to set up my inventory. We are a small machine shop that does 1 off parts. We do not stock any parts made. The parts are made per PO and typically not the same one twice, although we do have a customer that…

There is existing Account Receivable by default. Can I add more of Account Receivable type accounts in chart of accounts and link this account with certain customers. Please advice on this. The product used is Sage 50 Premium Accounting 2014 -US Ed…

Good Day, I have the Sage 50 Quantum Accounting 2014 - not sure if this is the correct section. Pardon me if I'm mistaken. � Well, the software was working great until like 2 days ago, I started to get an error when I try to open the chart of…

Began using Sage 50 Premium in January 2014 with segmented Chart of Accounts. I can't find any resources to create my financial reports (via Sage, Intelligence, or Crystal) where the segmented accounts "roll-up" into the master account numbers. Any help…

When searching for a new account in the Chart of Accounts the program will sometimes just close - no error message or anything just closes program - any solutions?