• Tips on overhauling Chart of Accounts? Our old one deeply sucks.

    I inherited a Chart of Accounts that's just awful--too many accounts that are too detailed, too many that are too general, too many expense accounts that are badly defined, etc. I'm using Sage 50 US (about to upgrade to 2023). I drafted a revision.…
  • Charts of Accounts

    The problem I am having is in the chart of accounts. The accounts receivable is supposed to be a money in/ money out type of account. My accounts receivable is taking money in but not out for credit card sales only. I have to move the money out via general…
  • Entering Restaurant Register Sales

    Hi, I’ve recently started setting up Sage 50 for a small take out restaurant. I’m new to accounting with Sage and also for a restaurant. I’ve used quickbooks some for a different type of company where it was invoice only and we didn’t really deal with…
  • How to manage loan to Employees?

    Our Company provides loan to employees for more than one month and interest would not charge on the loan amount. In this case, how can i manage employees accounts and running balances?
  • Adjusting my chart of accounts for a new location

    We are adding a new location to our system. I want to add extensions to my existing chart of accounts to identify the 2 locations. Does this have to be done manually or can it be done using the import/export feature. I have looked over the instructions…
  • unknown Chart of Account

    Dear all, There are two unknown chart of accounts .... One is 10000000 , One is _RESOLUTION , is there any method to clean all transactions of those chart?