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 am currently in the process of rebuilding a company in SAGE 50 and have a few inquiries related to setting up the bank accounts, particularly addressing the input of outstanding/uncleared items. Thank you for your time. Appreciate your help in advance…

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…

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…

I have some cheques that were issued in 2020 and 2021 that were never cashed and I want to void them and get them off my bank rec. How would I do this? I will not be re-issuing these cheques.

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, Using Sage 50 Premium Accounting (Release 2021.1). I have currently started using the MATCHING TRANSATIONS module. We currently perform a lump sum deposit weekly. Then clear the outstanding invoices in the RECEIPTS module a few days later…

In starting a new month in Reconciliation and I'm finding 1.32 outstanding before I even begin clearing the posts. This amount was not reflected in the previous month records and the report for the previous month shows zero outstanding. The GL does…

I am trying to track down an amount showing on my "Account reconciliation Summary report. Report by statement end date." outstanding deposit - 6,741.20 yet when I open up the reconciliation & deposits for my next month, there are no 'outstanding' deposits…

I don't know how to fix this problem. Outstanding balance over the bank rec doesn't match with the actual outstanding balance. There is an unresolved amount $-25,025.01. Can I change the statement end balance in order to change outstanding balance…

Incorrect bank reconciliation report is being generated when bank reconciliation window is accurate and posted. Why

Today was the first time I had the opportunity to use the new bank statement download feature. I have been frustrated by Sage's limitations in this area for years. Well, they sure hit a home run. The new module is tremendous. It allows you to match deposits…

Hello everyone...hoping you can help me out. Back in January I ordered some inventory from a vendor of ours. The items shipped, arrived, invoice was included with goods so I paid the invoice and sent the cheque. Mid-March the cheque is still outstanding…

A cheque was incorrectly voided by issuing a credit note against it (not by me!). As a result it is still appearing on the outstanding cheque list on bank statement. I cannot get into the journal that posted the credit note or into the cheque to reverse…

I have 3 items appearing in my bank reconciliation from 2013 that I would like to remove. 1 is an item that was entered as an expense paid by cash from the chequing account but it was actually paid by cash from an employees personal account. The other…

I received a cheque from a customer, and entered it in receipts $2000.00. Later I did up a bank deposit, I added the cheque to the bank deposit under reconciliation and deposits. all seemed good It showed a deposit slip for $2000.00. I processed it. When…

The deposit slip has an incorrect amount and the bank didn't catch it on time. This discrepancy is the unresolved amount therefore I cannot post the bank rec unless I do an entry for such. Is there a way to clear just the incorrect amount so the discrepancy…

I am trying to close my April month and it is showing me that I have both an unresolved and an outstanding balance. I have checked (quadruple checked) the opening date, ending date, opening balance, ending balance and no luck. Every single transaction…

Bonjour, Est-il possible de modifier la date de début du relevé d'un rapprochement bancaire? La seule information que nous avons trouvé à cet effet sur le site Sage 50, fait mention d'une "Réinitialisation du rapprochement bancaire", ça semble bien compliqué…

Hi, I had an accounts receivable paid by a customer, however, the cheque they wrote us was short by the small amount of $0.20 (the cheque was for over $5,000.) I entered the A/R as paid in full, knowing that when I do the account reconciliation that…

My issue is as follow: Customer paid an invoice via our auto debit program. Customer's payment went NSF Clerk reversed (voided) payment (receipt) - invoice is now outstanding Customer came in an paid interac for invoice Invoice is now 0 balance…

Ok, Hopefully I can explain this well. Over the course of 6 months we had continuous sales with one main customer. Lets just call it " cust A" Their was a large amount of discrepencies in "cust A" pay summaries so long story short, I wanted to reverse…

Hello, I am a new user to Sage 50 Canadian Edition and, although I will be taking a course next semester to learn this program, I have immediate questions that need answering so that I do not fall to far behind. This is a two part question: 1) I created…

Help! I am trying to complete a reconciliation in Sage 50. I filled out a deposit slip, but when I go to the reconciliation form it shows up as both a deposit and a withdrawal, so when I check it, it doesn't show as a deposit (it basically balances itself…