I am new to Sage100 and I am working to clean up the company books. We use Sage payroll module and it post to GL but is not in the bank rec. I has been being entered there manually. In order to save time and errors, I would like to show up based on the…
Hello Folks,
I'm hoping someone here can help me.
I started the Bank Reconciliation for last month, entering the correct ending balance. Out of Balance section was 0 because I just started. The previous months Bank Rec was fine, no issues - I verified…
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…
Just upgraded to Sage 2017 version and BR is slooowww. Several checks can't be cleared while others can. When I click "Accept" after choosing the checks again in question, BR will not close or update data. Checks continue to be uncleared. Anyone have…
Sage Bank Feeds make it easy to keep your books accurate and up to date. You can save time by automatically downloading bank or credit card transactions into Sage 50.
STEP 1: After connecting your Sage 50 company with your bank or credit card.
STEP…
I have done this rec for years with no issues. December was fine. I just went to do my January bank rec in us account and the amounts are showing in Canadian dollars which is our currency as I am in Canada but they've NEVER shown in Cdn. Only US as they…
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…
Frustrated and need help troubleshooting your bank reconciliation? Our support colleague Luc Letarte, has graciously put together the following flow chart resource on the subject.
Why is the Bank Reconciliation Important?
"Bank reconciliation is the…
Good morning! I work at an equipment rental company with seven locations (two more being added within the next few months). The company uses Point of Rental software for the daily business, and each day I download the previous day's journal entries into…
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…
Hello all,
I am just getting back from a med leave and have found an error that my temp made. Wondering if anyone can help me out.
We post a recurring entry each month, which is a direct deposit to us. I had posted Aprils payment before I left. However…
Sage 50 Productivity Tips & Tricks Bootcamp Designed to make your daily tasks faster and easier.
Do you want to do more with Sage 50? Or work more efficiently?
Sage 50 Accounting is a small business, out-of-the-box accounting solution with a lot of…
Sage 50 Productivity Tips & Tricks Bootcamp Designed to make your daily tasks faster and easier.
Do you want to do more with Sage 50? Or work more efficiently?
Sage 50 Accounting is a small business, out-of-the-box accounting solution with a lot of…
Hello,
I am a new user of SAGE and have just started working as a Controller for a small company. The current practice in our business is to reconcile the bank everyday. In that we download all of our bank transactions and then one by one go through…
I entered a Bank Rec adjustment for Merchant Fees relating to our credit card processing. The fees were deducted on the first for a particular amount. I entered the accrual as a reversing entry to accrue since they relate to the previous month. Then in…
Good morning! I am currently trying to get caught up on some bank recs and have run into an out of balance that I'm not sure how to fix. I have gone through the bank rec module and clicked all of the checks that cleared, all of the deposits, and all of…
We have a client with approximately 14 companies that are all similar. After a recent upgrade to 2016, Manual Checks from about half those companies no longer post to the Bank Rec transactions although they appear to adjust the Bank balance in Bank Code…
I am trying to fix a client's bookkeeping. They've had 5 different bookkeepers in the last year and a half, and each one has made random changes to what the last bookkeeper did. At one point, the bank was reconciled to the end of January 2015. Then everything…
Hi
Auditors have requested a simple report that all other software packages seems to have.
It lists the opening bank, closing bank, and lists the outstanding cheques and outstanding deposits.
There must be a report in X3 but I have been unable to…
I have been using Sage 100 for about a year... it's been a steep learning curve but I'm getting there. I am an office manager who make lots of entries in the GL but I also oversee the entries of two other bookkeepers who do the RA and AP. (Which is to…
Using Sage 100 2015 PU4 and legacy P/R module. I want to send funds to my employees using online EFT. With only 7 employees, traditional Payroll Direct Deposit service fees (Sage PR Service) and my bank's traditional Direct Deposit service charges) are…
This sounds like something I could of done. Is there a way to print past recap reports even though I've done my monthly period ends? I believe I possibly made my mistake in Jan or Feb. There is something missing on my GL report, and I cannot for the life…
