Sage 50 Canada

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Memo

Posted By llsage over 9 years ago

Question #1: Refer to general ledger balance from Jul 30 to record and pay GST owing to the receiver general. Issue cheque #203 for $200 in payment. (Enter as other payment).

Question #2: bank Memo: From bibi bank, $1500 for regular monthly mortgage payment. This amount includes interest of $1200 interest and $300 in principal.

How will i put it in simply? Im a student. Please help

0 RandyW over 9 years ago

In the online help, look up 'GST' in the Index, then under that, look at 'Remitting a GST payment'.

For the second question, you will need to enter it in the General Journal, or as an 'Other Payment' made in Cash. If this was a real-world situation, bonus for saving it as a 'recurring transaction' with a monthly recurrence.
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0 AmyGurl over 9 years ago in reply to RandyW

Quote from a reply to poster's other question: You can locate the Students Group at this link: sagecity.na.sage.com/.../default.aspx
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