Welcome to the Sage 50 Accounts UKI Support Group on Community Hub! Available 24/7, the forums are a great place to ask and answer product questions, as well as share tips and tricks with Sage peers, partners, and pros.
You don't need to stop processing just because you've hit year end. Simply continue as normal, creating records, entering transactions, invoices and orders, reconciling bank accounts and your VAT Return, then come back to run year end as and when you…
Having a good understanding of the chart of accounts is essential when it comes to creating new nominal records and running your management reports. We'll explain what the chart of accounts is, how to create new layouts or simply amend your existing one…
I have customers and suppliers changed their names but A/C code unable to edit. I have to remember their old A/C code every time when I want to enter transactions. I may not understand that why these cannot be edited when the customers/suppliers name…
Having a good understanding of the chart of accounts is essential when it comes to creating new nominal records and running your management reports. We'll explain what the chart of accounts is, how to create new layouts or simply amend your existing one…
As an example, we closed a USD account and opened a new one. We ran down the old one until the balances over the companies were 0 then closed the account in the real world. We were happy to have the nominal on our Bank Accounts list until it was 0, but…
Hello as our organisation has growing is it possible to re-number certain nominal codes.
Example Maintenance codes always started at 7001 - 7050, Administration codes started at 7051 - 7100, however as the organisation is growing and we are taking on…
As you have the ability to add new nominal codes it makes sense, and would be helpful, if you could then have the option of where items are posted within the journal. For example, If there is a fixed asset account with separate additions and depreciation…
Having a good understanding of the chart of accounts is essential when it comes to creating new nominal records and running your management reports.
In this session we explained
What the chart of accounts is.
How to create new layouts.
How to…
Hi all,
I am creating a new chart of accounts to match the P&L to the financial documents produced by our auditors.
In the Detailed P&L they have multiple Main expense categories (Employment Costs, General Admin Costs, Establishment Costs etc).…
Our Sage was set up years ago under a previous finance manager. Over the years nominals have been slotted in and budgets rearranged that now we have split ranges of nominal codes that ought to be reported together.
As it is neigh impossible to renumber…
I would like to see the option of adding another section into any of the parts of the chart of accounts. I need to split the overheads into two categories manually in excel, but an option just to add another section to the chart of accounts, would really…
It would be useful to have either a specific product, or at least a Chart of Accounts, for landlords for recording rental income ready to submit returns under MTD from April 2023.
The current set up doesn't really work that well for landlords and rental…
I am trying to migrate from Tasbooks to Sage 50c accounts at the end of a Vat period. I have there issues:
1. I’d like to make sure that the nominal code numbers created in Sage have the correct sequence (ie account number ranges) for our balance sheet…
Hi, We have a large chart if accounts and I want to create smaller ones for easier reporting on smaller departments of the business. I have created the income and expenses on a new chart of accounts and only need 2 headings - Income and Expenditure. I…
Hi everyone, I am new to bookkeeping and the forum and would be really grateful for some help.
I am setting up accounts using Sage 50 for the first time, for my husbands small construction company.
Is there a template Chart of Accounts and nominal…
