Sage 50 Canada

Hi, Looking for a bit of assistance in bank recs. I took over the bookkeeping for these accounts and these entries were done prior to me being here. The rec balances in that it agrees with the bank statement, all transactions are accounted for on the…

I reconciled the bank statement for December 2023 in February 2024 and posted the reconciliation. Is it possible to change the reconciliation date after it has been posted?

I reconciled Dec 2023 general ledger and matched it with the bank statement. On Sage, I had unresolved amount of $39.26. I performed a bank adjustment entry for this amount But when I was reconciling general ledger from SAGE and bank statement for Feb…

Hi There, Trying to figure out why an HST Cheque that was entered in a previous year (Sales invoice) is not coming up when I try to reconcile the bank statement? There were 6 in total deposited in the same month and entered, but when I bring up the…

My 2023 Dec actual RBC bank statement ends Dec 29th My fiscal year ends Dec 31 2023 there is no banking transactions in my online banking for Dec 30 or 31th. I have not yet received the Jan 2024 statement, obviously bc the month is not complete…

I get the message "No account selected" when I try to post the monthly reconciliation.

I use the download bank transactions and then find the matching transactions. Why can't I check off multiple transactions to balance to a deposit or EFT payments.

Am I able to change these wordings on the expense tab? I tried changing it on the General Ledger 'Reconciliation & Deposits" tab where it says 'Set Up'. The only problem is that when I went back to do another bank rec the wordings reverted back to below…

When I used the Match Bank Transactions function in the Banking module to help with making my lengthy bank statement reconcilable, I matched all the transactions, then look at my reconciliation on the reconcile accounts functions; it says I have no unresolved…

Trying to create a bank rule in Sage Cloud ( Sage Business Cloud Accounting Plus - Canadian Edition). The Vendor cannot be found in the "Vendor" dropdown, despite the fact that they are listed as a vendor under Contacts in this account. How can I connect…

There was an issue with a company with the reconciliation, and there was an "adjustment required" The adjustment was made and a new reconciliation has been done and posted. However the Reconciliation Report is still saying there is an adjustment required…

I am waiting for YE adjustments from our accountant, so I didn't post my last reconciliation (October) - I was told not to post last reconciliation until I have all YE (I don't know why). I already started new fiscal year. If I post it now, and I will…

I'm trying to do my first bank rec for our operating account and am running into an issue. I've linked our bank account, and all applicable transactions show up on the match transactions screen, but when I go to do the bank rec 2 of my May 31st transactions…

Hello , just set up a new client on Sage 50 Canadian Edition 2021.0 ( I have a perpetual license) in the month of Feb I was able to reconcile all was good. I just started March reconciliation and no matter what supplier invoice I pay ( cash or cheque…

Hi, I am having an issue with my bank reconciliations in Sage 2012. It appears I am missing the month of September in my reconciliations, when I go to print a reconciliation report it says no data to show, however all of the other months are available…

The company I work for has been shut down since COVID started. I was laid off in March 2020 and am just returning to clean up the books and get up to date. Reconciliation had not been done since February 2020. Fiscal Year-End is December 31st. The issue…

Discovered a bug in the Reconciliation & Deposits module - has anyone found a fix? When I open the module as SYSADMIN, the "Transaction" field is set to the 1st dropdown option "Account Reconciliation" which is what I want. When logged in under other…

I have re-reconciled my bank account many many times and I keep getting the same Unresolved $4540 and Discrepancy $-$4540. I've reset the bank rec. I've done a database rebuild. Quickbooks is so much easier!! Anyway I haven't a clue how to fix this.

I recently took over a set of books and have found that the last credit card reconciliation before year end was not completed. All the year end documents and adjusting entries have been completed. How should I proceed with completing this reconciliation;…

This course is designed for customers who want to take full advantage of all the features available in the Banking module. You will learn how to create bank and cash accounts, to record deposit slips and transfers of funds, to reconcile bank and…

I took over accounting from someone who clearly did not know what they were doing. I have compared the G/L bank account with the bank statements, and having gone back 3 months now, the bank account closing balance in Sage is out by a large amount each…

It would be very helpful to see the journal entry number on the Account Reconciliation page in addition to Source details. Is it possible to add this option?

I have two questions please ~ i understand that to do a reset on the bank reconciliation it tells me to back up as I will lose all my data. It just does not tell me how much of the data is lost. Is it from the initial setup for the account? Is it only…

Can I still do the bank reconciliation with unmatched uploaded bank transactions? There is an amount in bank but i cannot match it as it is broken out in two journal entries in books. Match only allows exact amount as you can’t click it manually.

Hello, I am working on a file and I am just starting the bank reconciliation. Year one was done by someone else and I can't get the sage file for it so I have a carry forward bank balance of 1303.02. How would I go about setting this up as a first…