SageForum for UK versions of Sage 50- Help and support.

Further to what I have written, I got the IT Manager to install the Service Pack from the Sage website, and it would appear that that has cured the problem...I hope!

John

It would appear that if you open the Demo Data in version 12, and then go to File/Maintenance/Corrections and then select a PI and try to edit the supplier it will not save. However, I tried this with a file from v10 which I converted to v12 use, and it works i.e. it is possible to edit a supplier ...

You need to speak to the BACS people.

You can tell them what transactions you want to put through and then record them in Sage as though they are a normal payment to suppliers (except with BACS reference numbers).

Or if doing the lot in Sage...see Bruce's reply earlier.

John

Putting a prepayment in using journals:

Dr Prepayments account
Cr Relevant expense account

with the amount that is pre-paid at the end of the month/year.

THEN

Reverse this on the very next day, i.e.

Dr Relevant expense account
Cr Prepayments account

with whatever you put in to start with.

The ...

Yes, I have just checked in the Help Files of Sage Line 50 v12, and it will read v6 data files.

John

Bruce,

Surely when doing File/Restore, v12 will automatically upgrade the data from v6 to be compatible with v12?

John

Are you asking for the double-entry for directors taking out money for themselves?

If so, then:

Dr Director's Loan Account
Cr Bank/Cash

with the sum of money withdrawn.

At year end, they should pay it back:

Dr Bank/Cash
Cr Director's Loan Account.

John

As for changing the financial year, this should be straightforward.

Settings/Financial Year and then change the beginning of the year.

However, it is not clear that you need to.

Last year's transactions should end up in the opening balances for this year. Ideally, you should have trial balance ...

Hi there,

I teach Sage Line 50 v12 at a London FE College and a student brought up a problem which I cannot solve. I have kicked this upstairs to the IT Manager, and he cannot sort the problem either. :cry:

The Problem:

If somebody charges a purchase invoice to the wrong supplier, it should be ...