Sage 50 Canada

The company I work for just got a loan from a third party lender (not a bank) to pay off some other debts. I am having trouble trying to setup this loan to post it. I have created a short term liability acct for it (the loan repayment period is under…

I have a small corporation which is owned 50-50 by my wife and myself. It's basically a consulting firm where I am the only one working in it. My question is what is the best way to pay myself on a regular basis? I have heard that dividends is one option…

I just took over a client from another bookkeeping company that did the day to day bookkeeping as well as the year end accounting. For the first several years of the company I can see by the balance sheets that the loans from the SH were higher than the…

Hi everyone, Another newbie question from a non-accounting person. I'm a one man show incorporation and I need to pay myself. In other words, since |I am not an salaried employee, take dividends from the income the corporation generates. I…