How to Correct Common Mistakes in Sage 100

Have you ever made a mistake in Sage 100 and then wondered “How am I going to fix this?” If so, this webinar is for you.

During this free one hour webinar, we will cover some of the most common mistakes made in the Accounts Payable, Accounts Receivable, Purchasing, and Inventory modules.

Accounts Payable

• Adjust an Accounts Payable Invoice
  Have you ever needed to correct an error on an accounts payable invoice that has already been posted? Or received a credit memo from your vendor and needed to change the amount of the invoice balance?

• Reverse an Accounts Payable Check
  Many things can happen that prompt the need to reverse an Accounts Payable check, including accidentally writing a check to the wrong vendor, accidentally writing a check for the wrong amount or having the check misplaced or lost.

• Apply AP Credits (Manual Check and Electronic Payment Entry/APPxxx)
  There are times that you might have received a credit from a vendor, but did not apply it to a specific invoice.  Now that you have an invoice, you would like to take the credit, but don't need to write a check.  Using Manual Check and Electronic Payment Entry, you can offset an invoice with an open credit.

Accounts Receivable

• Apply Accounts Receivable Credits
  It’s possible that you issue a credit to a customer, but they have no open invoices against which to apply the credit. Or the customer has a number of open invoices, and you want to apply credit to all of them at once. See how open credits can be applied to existing invoices.

• Write-off Bad Debt
  Your customer has gone out of business or is refusing to pay an invoice.  See different ways to close those unpaid invoices.

• Correcting Sales Tax
  Have you ever incorrectly charged sales tax on an invoice where the customer should have been tax exempt?  Learn how to create an Accounts Receivable credit memo for sales tax only.

Purchasing and Inventory

• Purchase Order Receipt of Goods/Invoice corrections
  Did you over- or under-receive lines on a Purchase Order? Are these POs still stuck in your Purchases Clearing Report? Find out how to clean up these straggling transactions.

• Inventory Cost Corrections
  Did inventory get received at an incorrect value?  Was your cost, based on different Units of Measure, setup wrong, and you need to fix your valuation?  Learn ways to correct wrong costs.

CPE:  1 credit