Archive for category Sage 50 / Peachtree Tips

What’s New in Sage 50 2017

July 12, 2016 was the official release date for Sage 50 Accounting 2017, US version. Over the next few weeks, those of you with a current subscription or Business Care plan will see the upgrade show up as an automatic update, just like the 2016.1 and 2016.2 updates, or payroll tax updates. As usual, the […]

Adding Labor and Overhead Costs to Assemblies in Sage 50

Last month I talked about how to set up and use assembly items in Sage 50’s inventory. This month I’ll expand on that by explaining how to add labor or overhead costs to an assembly. First, you’ll need to set up at least one inventory item for labor and one for overhead. So go to […]

Using Assembly Items in Sage 50’s Inventory

Assembly items are inventory items that are made up of other components. Those components can be stock items, non-stock items, services, labor, or even other assemblies. Quantity and costs are tracked for assembly items just like they are for stock items. The two essential differences between assembly items and stock items are: Assemblies have a […]

Preventing Changes to Prior Months in Sage 50/Peachtree

Sage 50 keeps two years open at all times. Once you close a year using the Year End Wizard, you can no longer make changes to that year. But what about closed months in an open year? A user with unrestricted rights can still add, delete, or make changes to entries that are in a […]

Printing Sage 50 Invoices, Picking Lists, or Other Forms From Prior Periods

A common question from Sage 50 users is how to reprint a form, such as an invoice, sales order, or picking list from a closed year or, if you have restricted user’s access to previous periods, how to you reprint one from a closed month? Most people print forms, such as invoices from the same […]

Introducing Sage 50c

You may have received information about the new Sage50c. So I thought I would take a moment to explain what it is, what it’s not, and who might be a good candidate to use it. Sage describes it as “Reliable desktop software with anytime, anywhere cloud access. Perfect for working with your accountant or while […]

Sage 50 1099 Tips – Adjustments & Non-Cash Payments

Most of the 1099 process in Sage 50 is pretty straight forward. Record your payments throughout the year, set the “1099 Type” field to Independent Contractor for any vendor that should get a 1099-Misc, and print your forms at the end of the year. But how do you adjust the 1099 amount when needed? Or […]

Sage 50 Automatic Backup Scheduler

Backup is one of those issues that is so important it’s almost impossible to over emphasize it. I’m a big fan of the sister companies IBackup and IDrive as a reliable and affordable way to get an off-site backup. But because your accounting data is so important I still recommend using Sage 50’s built in […]

Recalculating Prices in Sage 50

If you want to change prices for all or part of your items or services in Sage 50 (Peachtree), it’s easier than you might expect. Obviously you could go to Maintain Inventory Items and change the price each item individually, and that’s fine for making a few changes. But there’s a better way to make […]

Hiding Inactive Records in Sage 50

Over the years, customers and vendors come and go. That means your customer list and vendor list get cluttered up with obsolete records. While you can’t delete those customer or vendors as long as you still have transactions linked to them, there is an easy way to hide them so they don’t show in the […]