Sage 50 Canada

How do you match multiple GL entries to one bank statement entry in the Match Transaction window? Do you have to make a proxy account to accumulate the GL balances so they can be matched to one bank statement amount?

Bank rec issues of unresolved amt showing of previous month's closing bank balance before I even get started. Checked data integrity all is fine. No JE postings were missed. Has this happened to anyone else.

So I am trying to reconcile my bank statement. and it shows unresolved $4,955.38. I am not out, I went through everything and redid it and still shows unresolved. So i google and it says sometimes when you close the previous month an error may appear…

I have reconciled my bank account, however, the Discrepancy is 0.01 and the unresolved is -0.01. I reset the Reconciliation to the previous month that balanced and now it won't balance and has the same discrepancy and unresolved amounts as the current…

I am matching my bank download to my transactions on sage for the first time. I have come across several transactions, all invoices paid to my business by customers using a credit card and then being transferred to my bank account by my credit card processing…

HI, I 've experienced an error from an update made by Sage 50 back around April. For some reason 2 entries re-appeared after the update in the next month's bank reconciliation module. When I dug through the details, I realized that it was an automated…

I am trying to process a Bank reconciliation. The prior month was balanced and this month is balanced but when I process it the transaction do not disappear and the bank reconciliation remains the same. Has this happened to anyone? any thoughts on what…

Hi, I have a few cases with the same problem: a duplicated transaction, not checked for neither cleared no reconciled status, impossible to deleted from the activity log! It is a transaction from October 2022, whereas everything has been reconciled until…

my uploads are saying I am locked in it when I am not. How can this be corrected.

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

Hello! I entered a new bank account in my company with what I believe to be exactly the same parameters as my old checking account. However, when I make transactions, this data does not appear in the bank reconciliation for the end of the month... I'm…

Hi everyone, Hope y'all are doing well. I have recently taken on a new client as their bookkeeper and I have noticed that their bank reconciliation was not done through Sage. While there is a hand-made bank reconciliation from last year-end, I am looking…

I received someone else's work and have done credit cards reconciliation for 3 months. I found that fiscal year ending balance between bank record and trial balance are not matched. So I reversed the old sage transaction which was $60.00 from no where…

Hello Using easy numbers, an employee's pay is 400 dollars. The bank transactions report shows 400 dollars paid to john Doe However, when they transferred his pay a mistake was made, they only sent 300 dollars by transfer. The 100 dollars to complete…

I am new to importing credit card transactions and trying to figure out how you can automatically account for the GST portion of a purchase without manually manipulating every line item thru the general journal. I have been playing with match transactions…

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.

Another user somehow posted transactions, we are not sure how or through which module, showing debit bank/credit prepaid expenses; then made a reversing entry, then another reversing entry resulting in 2 credits and 1 debit to the bank account (all for…

Just started working for a company that never used the Sage 50 reconciliation part of Sage. Now they want to start, 10 years later! Unfortunately, the person who was doing the books was unconcerned with entering bank fees, owner's draws, and other bank…

I have two cheques that do not show outstanding on Bank Rec. They have not yet been cleared on a previous one.

I have a deposit in the bank from correcting a payable invoice, that I kept reversing trying to get rid of the money going into the bank. The invoice is showing paid, the amount remains as a deposit. Is there a way to go back and delete the journal entry…

Hi, I am using sage 50 premium accounting. when i created a new fiscal year last April, when I do my bank reconciliation the cash transaction doesn't show in the reconciliation app. My last FY was fine, when I created a new Fiscal year, it was all good…

How to clear the prior year outstanding cheques if we just start to use Sage 50?

The transactions I have outstanding do not match the outstanding amount. The difference is sitting in unresolved. How can I get it to move to the outstanding amount? i.e - o/s transactions = $26,449.06. Outstanding amount is showing as $13,809.08, unresolved…

HI, We have recently set up the Sage 50 Canadian Bank Feeds, and they worked perfectly for the first day. Now, we can not change the Transaction period in the Match Transactions window, so no new transactions are being downloaded. I'm wondering if anyone…