Sage 50 Canada

I opened a new company and entered the trial balance I was given by the accountant into the matching ledger accounts into the ledger records as historical starting balances. I would now like to move out of history mode and move the fiscal year forward…

The accounts payable is out by close to $87000 on December 31, 2023. On December 30, 2023 it is perfect right on. How can this happen. No accounts payable entries were done on the 31st. This is the first time on 28 years this has ever happened. Data integrity…

It's been pointed out to me that we had a discrepancy of $200-something between our AR account and the total of our customers' outstanding invoices so I looked into the issue to find out the source of the problem. Unfortunately, I can only browse the…

I use the Purchase module and Payment module on expenses on my Visa statement. 6 months ago I had to go overseas, in order to cover any unexpected expenses during my trip I transferred $4,500 from my bank account to Visa. The monthly statement came…

My prepaid sales/deposits is showing a balance and it is not clearing. Can someone tell me how to clear these please? Maybe i have a problem with my linked account? I have cleared these manually before as well but cannot figure out how to do it.

hello all, I pay expenses like meal with clients, parking, office supplies using my company credit card. What is the best way to record all these entries, which I am hoping I can then reconcile with the credit card statement. thank you, any ideas…

Hello, I had 3 customers send money through e-transfer, those transfers were intercepted by "someone" and the money is gone. Do I just write these invoices off or is there a different way I should show what happened. Thanks, Karen

Help! We were originally invoiced for a unit (over a year ago) we recently received a credit memo for the total amount of the unit and then were rebilled for the unit at a discounted price. Original invoice created a purchase invoice to our wholesale…

HI everyone, I'm not an accounting Guru,so, wondering if anyone could help me when it comes to setting up a line of credit account in sage 50? Basically, what I have is: - A LOC of $XX,XXX.00 where money is automatically taken from it when there…