Sage 50 Canada

I have removed/reversed the transactions in the account. But I still can't delete it. The number of the account fall directly inbetween another 2 accounts that are in use. so I can't create a new header account to delete this one. It is stuck our in no…

We are in the final stages of building a house that we will rent out. I have set up a project to track expenses and revenue, but not entirely sure on the accounts to use. Would I set up an expense account for appliances 5115 and an asset account 1840…

Hello, Each quarter we are sent an amount that needs to be paid to both the Federal and Provincial Government for provisional taxes. I'm not sure how i should be entering this in sage 50 and which accounts to use. Thank you Nicole

Hi, I just entered my chart of accounts, which is verified. Then I entered the opening balances from my accountant's balance sheet. The only thing I did not enter was the last listing: Net income (loss). I don't know where to put this, or if I need to…

We have run a business debtor search at a local registry office to see if one of our clients has any writs or liens, and I am wondering about which is the best account to put this expense to (the cost was only $24.00). Probably " 5700 Office Supplies…

Hi, This is more of an accounting/bookkeeping question... we just purchased a couple of powerful laptops and there is a line item near the subtotal for the gov't required recycling fee of $2.40. I'm wondering where to put this $2.40 recycling fee? …

Re: Chart of Accounts: After posting an adjustment, on Dec. 31, 2017, for Computer Hardware (Amortization): Account #1850 (Net-Computer Hardware) balance is Zero. But wonder why amounts for computer hardware - And - Accumulated Amortization continue…

How do I enter start up costs for my corporation that were paid from personal accounts prior to start up? I would like to show the costs as investment to the business, and properly show the expenses to the business. I have read some posts regarding…

I started doing bookkeeping for an incorporated company. There is only one shareholder. Which accounts do I need in the equity section of the chart of accounts? I do need a shareholder loan account because he used business credit card for personal things…