Sage 50 Canada

Hello I made a mistake entering wrong year. . There is a payable invoice dated 2021 June 30th. But I entered as year 2020. I was going to make a reverse entry dated as 2020 June 30th . But it doesn't let me do it because it is invalid date. And saying…

Can anyone walk me through the proper journal entries for this? Just prior to year end I wrote a cheque to a vendor in the wrong amount but posted the correct amount on the invoice. Yes, I still handwrite cheques, lol. As it is a small amount, the…

Hi, I am working on our fiscal year end. I went to do the transaction in my GJ "To Correct Payroll A/P with Expense for Year End" According to my calculations it looks like this: Dr. Cr. 2180 EI Payable 1,624.32 2185 CPP Payable 3,217.44 …

I have a new client that has many outstanding payables from a few years ago. These were paid either by chq, or cash but was never cleared through the accounts and therefore outstanding, I would like to clear this up so that it will be current and accurate…