Welcome to the Sage 50 Support Group on Community Hub! Available 24/7, the Forums are a great place to ask and answer product questions, as well as share tips and tricks with Sage peers, partners, and pros.
Do I need to create two separate Vendors? One to go towards Contract Labor for a 1099 and the other general purposes for Reimbursements?
I did not see a spot to enter an adjustment amount...
Please advise. Thank you!
Example:
Michael's Lawncare…
I am running the year-end wizard and once I had hit the "Begin Close" button after saving a back-up, the program has gone non-responsive. Although it is Not Responding, the Task Manager shows it as using some CPU % and after talking to the support team…
I had a few payroll clients apply for the Employee Retention Credit. Due to the fact that Sage only allows 2 years open at a time I was unable to generate the needed reports for 2022. December 2022 was period 24. How does everyone handle the end of the…
Now that we have to use Aatrix to print our 1099's we only have the option of printing to blank paper without the instructions. No way to get around this. So we either have to send to our recipients without the instructions or print a 12 page form from…
Dear,
Closed our accouting period as on 31dec21, but just noticed, few of the expenses accounts are zero and few are showing the begining balance as of 1jan21.
I dont know why, maybe we did somethng wrong while doing yeat end wizard? We have 9…
Good morning,
Last weekend we ran the purge wizard to archive 20 years of data.
It seems that we did not instruct the purge wizard to leave the unreconciled bank transactions.
Now the bank recs from the purge date forward are out of balance by those…
After running year end process to close 2017 calendar year, our accounting period 13 became the whole year 2019 and then 2020 month by month all the way to period 24 is Nov. 2020, and the accounting lady didn't find out this mistake and continue entering…
Got a year-end question? Instead of calling in and waiting on hold, get live help through Sage Live Tutor—an online “meeting room” with customer questions answered live by a Sage expert.
“Sage Live Tutor” will be available every business day in January…
Hi Everyone,
We ran End of Year on 12/31 and the process froze and broke something so we restored the backup that we took before we ran the wizard. The strange thing is that some of our 2017 numbers are off and I can't see how it correlates. Last years…
I am the new CFO for a not-for-profit organization in NYC. I have very limited knowledge of Sage but I can tell you this much. We use Sage 50 for not-for-profits. My predecessor left about a month ago and did not close out the year properly. That much…
Did I lock down the data set? Was trying to trigger launch of End of Year Wizard, it did not launch and I closed program because each time I open program it would prompt to run End of Year Wizard.
This is only site I use Peachtree at - all other sites…
Hi milleruspp,
The workaround you are considering is something you can do to accomplish the desired results. Although, I must let you know in advance:
There will be no period 25 when you close the first 12 periods in Company B, as Sage only allows…
Hi,
I’ve found an article that can assist you with your question "Incorrect zeroed out account balances after closing year"
I hope this helps.
JSelemani.
Gain valuable troubleshooting skills and learn to resolve common payroll issues.
After attending this course you will understand and know how to correct:
Incorrect withholding amounts
Vacation/sick time errors
Form 941 errors
W2 errors
Creating…
Need training on Payroll Reporting and Signature-Ready Tax Forms. Sage University has you covered.
Make your payroll reports work for you! Ensure the integrity of your signature-ready tax forms. Understand what the reports are telling you and confidently…
Are you looking for training with live interaction? Search no further.
Gain the knowledge necessary to recognize the differences between a fiscal year-end close and a payroll year end close. Learn the procedures for each in this special year-end session…
Hi GJR,
Welcome aboard. You will need to close 2011 in order to enter transactions in 2013 as Sage 50 allows only 24 periods to be open at a give time. First make sure you have entered all 2011 transactions as you will no longer be able to post them…
Sage University is offers training for anyone looking for complete payroll training, from reporting to troubleshooting to year end processes. Check out the real-time WebEx sessions. You can purchase the full bundle of training (7-hours) at a discount…
Hi All,
We are doing Fiscal Year end operation, when run the FIYEND we are facing a critical problem is like "Unbalanced Journal In ledger currency". we are unable to close the fiscal year.
can you help me out from this issue.. its very argent …
I have one revenue account that is not closing out. I don't know what to do about it. I've reopened the year, checked to be sure it is classified as a revenue and closed it and it's still there. I reopened the year, journalized a year end entry to zero…
We have a problem with Retained Earnings. The amount that is being closed out is not our Net Income. For the year 2013 we had a positive bottom line, and our retained earnings had a negative swing for about triple the amount. We have done an integrity…
When I created my W2s originally, I got to a screen to allow me to email the instructions to my employees for accessing their W2s online. When I got to that screen, the emails were populated and I noticed several wrong email addresses. So, I exited out…
Running Peach tree 2012. We changed our Corporate status in 2013. Our current fiscal range is 6/1-5/31. Our new range will be traditional 1/1-12/31. Can force the fiscal year to close as of dec 31 of 2013? I started year end wizard, and it appears to…
