• Group RRSP paid by employer

    We have a group RRSP plan and our employer contributes 50% and the employee contributes 50%. How do we set it up in Sage so that the employers amount is not taxable? We are currently showing it as part of our income and getting taxed on it. Can we set…
  • Not sure how to enter Corporate income tax refund, which accounts to use

    Not sure how to enter Corporate income tax refund from prior year. Would this be a general journal entry and if so which accounts make sense? I am total accounting newby so pardon the simple question. If it were up to me, I would just call it miscellaneous…