Using Sage 50 Accounting 2025
Canadian Edition by Kathy Zigby
Complete Chapter Solutions Manual
are included (Ch 1 to 19)
** Immediate Download
** Swift Response
** All Chapters included
** Extra Solutions files included
,Table of Contents are given below
1.Getting Started: Introduction to Sage 50
2.GST, HST and PST
3.Binh's Bin: General Journal
4.Love It Again: General Ledger Setup
5.Groen Fields: Accounts Payable
6.Phoebe's Photo Studio: Accounts Receivable
7.Air Care Services: Receivables & Payables Setup
8.Helena's Academy: Payroll Journal
9.Northern Lights: Payroll Ledger Setup
10.Kara's Kitchens: Inventory
11.Andersson Chiropractic Clinic: Orders, Quotes & Deposits
12.Maple Leaf Rags: Currencies, Remittances & Accountant's Copy
13.Shady Corners: Allocations & Electronic Payments
14.Sound, Inc.: Budgeting
15.Tesses Tresses: Reconciliation & Deposits
16.VeloCity: Payroll & Inventory Setup
17.Stratford Country Inn: Comprehensive Practice
18.Ryder's Routes: Time & Billing
19.Able & Associates: Departmental Accounting
, ANSWERS TO REVIEW QUESTIONS AND CASES
For reference, we have included the questions and cases (in italics) with their solutions. These are suggested
solutions only. Remember that we use general rather than the industry-specific terms in most cases. Answers
may vary depending on the interpretation of the question or case. Some of the answers we provide may
include points covered in later chapters. Where discussion is involved, students should be encouraged to
think of alternative solutions. They should also be encouraged to experiment with entering transactions in
the data files (after making backups) to discover how the program handles different kinds of transactions.
CHAPTER 1: GETTING STARTED
Review Questions
1. What are the differences between Save As and Save A Copy (in the File menu)? How are these commands different
from the Backup command?
The Save As command saves the current working file under a separate file name. That is, it creates a
separate, working, backup copy of the file and opens the renamed file. If you use the name of an already
existing file, the previous file will be replaced after you confirm that this is what you want to do. Save a
Copy will also create a separate working copy of your data file but the current file stays open instead of the
new file. If you use the name of an already existing file, the previous file will be replaced after you confirm
that this is what you want to do. As you work in Sage 50, your data file is continually saved with any
changes you make. The Save tool in the Home window also opens the Save As window.
Backup also makes a copy of your file and keeps the current file open. However, the new file is a compressed
version of the original data that must first be restored (from the Restore option on the File menu or the
Company module Data Management icon drop-down list, or from the Select Company window) before you
can work with it. The compressed file saves data space so it is easier to save separate backups for different
time periods.
2. Why is it important to make backups of your data files?
Sage 50 saves your work automatically when you are working with the program. On a regular basis, you
should also make a backup copy of your files. If you have a backup, you can return to it if your working
data file is corrupted and unusable because of a computer error, or if you have made changes to the file that
were not correct and cannot be reversed, like starting a new fiscal period. (The author has recently had an
entire database wiped out while opening a file. The resulting file had no ledger records or journal entries.
Backups work!)
3. What information does the Status bar provide? In module Home windows? In other windows?
Website files are read-only files and this property cannot be changed. Because Sage 50 continually saves
your work by writing to your data file and because it cannot write directly to DVD site, it cannot open the
read- only files. The read-only property does not allow a file to be changed. The same principles apply to
opening files from a DVD or CD-ROM – these files are also read-only.
You can access and restore backup files from a DVD or CD-ROM because these backup files do not write to
this same file. However, you cannot restore the backup file to either of these media.
4. How does Sage 50 Help differ from Sage 50 Advice?
Help provides general information about accounting procedures and how to use Sage 50 software. Advice
includes general information about good accounting practice as well as specific information and advice
about accounting procedures related to the data file that is currently open.
3
, 5. Describe the different ways of getting help in Sage 50.
• The Status Bar line shows the purpose of the icon or field on which the cursor is placed.
• The Help function accessed from the Help menu or the Help icon includes an index of topics, a
glossary of terms and the option to search for help on a topic that you enter.
• Advice on accounting practice and the data file are available from the Help menu and Advice tool
found in the Business Assistance menu.
• Access to consultants and on-line help is also available from the Help menu when you have an
Internet connection.
• Enhanced view Module windows include a direct link to the Learning Centre in the Modules list
pane to access the Help features.
• The Home window in the Classic view includes a Learning Centre icon that accesses the Help
features.
• Help buttons are also available in other windows and provide context-sensitive help – help about
the options in the open window.
6. What are the roles of the ledger and journal icons in the Enhanced view module Home windows? In the Classic
view Home window?
In both the Enhanced view and the Classic view, the ledger icons provide access to the accounting ledgers so
that you can create and modify ledger records. Before finishing the history for a ledger, you also add data
from historical transactions and account balances for the records. Journal icons provide access to the journals
for these ledgers so that you can enter day-to-day accounting transactions that update the ledger records
automatically.
7. What is the role of the module windows?
The expanded module windows in the Enhanced view show the journals and ledger functions for that
specific ledger as separate icons and open the specialized journal or ledger features directly.
8. What purpose do the tool buttons in the Home window serve?
Tool buttons in any window provide immediate access to commonly used program functions as an
alternative to choosing these commands from the main menus.
9. Why might the status bar line in a Sage 50 window be blank?
The status bar will be blank when the mouse is pointing to a blank portion of the window (not to an icon,
tool button, menu item or input field) or to an area outside the main Sage 50 screen.
4
Canadian Edition by Kathy Zigby
Complete Chapter Solutions Manual
are included (Ch 1 to 19)
** Immediate Download
** Swift Response
** All Chapters included
** Extra Solutions files included
,Table of Contents are given below
1.Getting Started: Introduction to Sage 50
2.GST, HST and PST
3.Binh's Bin: General Journal
4.Love It Again: General Ledger Setup
5.Groen Fields: Accounts Payable
6.Phoebe's Photo Studio: Accounts Receivable
7.Air Care Services: Receivables & Payables Setup
8.Helena's Academy: Payroll Journal
9.Northern Lights: Payroll Ledger Setup
10.Kara's Kitchens: Inventory
11.Andersson Chiropractic Clinic: Orders, Quotes & Deposits
12.Maple Leaf Rags: Currencies, Remittances & Accountant's Copy
13.Shady Corners: Allocations & Electronic Payments
14.Sound, Inc.: Budgeting
15.Tesses Tresses: Reconciliation & Deposits
16.VeloCity: Payroll & Inventory Setup
17.Stratford Country Inn: Comprehensive Practice
18.Ryder's Routes: Time & Billing
19.Able & Associates: Departmental Accounting
, ANSWERS TO REVIEW QUESTIONS AND CASES
For reference, we have included the questions and cases (in italics) with their solutions. These are suggested
solutions only. Remember that we use general rather than the industry-specific terms in most cases. Answers
may vary depending on the interpretation of the question or case. Some of the answers we provide may
include points covered in later chapters. Where discussion is involved, students should be encouraged to
think of alternative solutions. They should also be encouraged to experiment with entering transactions in
the data files (after making backups) to discover how the program handles different kinds of transactions.
CHAPTER 1: GETTING STARTED
Review Questions
1. What are the differences between Save As and Save A Copy (in the File menu)? How are these commands different
from the Backup command?
The Save As command saves the current working file under a separate file name. That is, it creates a
separate, working, backup copy of the file and opens the renamed file. If you use the name of an already
existing file, the previous file will be replaced after you confirm that this is what you want to do. Save a
Copy will also create a separate working copy of your data file but the current file stays open instead of the
new file. If you use the name of an already existing file, the previous file will be replaced after you confirm
that this is what you want to do. As you work in Sage 50, your data file is continually saved with any
changes you make. The Save tool in the Home window also opens the Save As window.
Backup also makes a copy of your file and keeps the current file open. However, the new file is a compressed
version of the original data that must first be restored (from the Restore option on the File menu or the
Company module Data Management icon drop-down list, or from the Select Company window) before you
can work with it. The compressed file saves data space so it is easier to save separate backups for different
time periods.
2. Why is it important to make backups of your data files?
Sage 50 saves your work automatically when you are working with the program. On a regular basis, you
should also make a backup copy of your files. If you have a backup, you can return to it if your working
data file is corrupted and unusable because of a computer error, or if you have made changes to the file that
were not correct and cannot be reversed, like starting a new fiscal period. (The author has recently had an
entire database wiped out while opening a file. The resulting file had no ledger records or journal entries.
Backups work!)
3. What information does the Status bar provide? In module Home windows? In other windows?
Website files are read-only files and this property cannot be changed. Because Sage 50 continually saves
your work by writing to your data file and because it cannot write directly to DVD site, it cannot open the
read- only files. The read-only property does not allow a file to be changed. The same principles apply to
opening files from a DVD or CD-ROM – these files are also read-only.
You can access and restore backup files from a DVD or CD-ROM because these backup files do not write to
this same file. However, you cannot restore the backup file to either of these media.
4. How does Sage 50 Help differ from Sage 50 Advice?
Help provides general information about accounting procedures and how to use Sage 50 software. Advice
includes general information about good accounting practice as well as specific information and advice
about accounting procedures related to the data file that is currently open.
3
, 5. Describe the different ways of getting help in Sage 50.
• The Status Bar line shows the purpose of the icon or field on which the cursor is placed.
• The Help function accessed from the Help menu or the Help icon includes an index of topics, a
glossary of terms and the option to search for help on a topic that you enter.
• Advice on accounting practice and the data file are available from the Help menu and Advice tool
found in the Business Assistance menu.
• Access to consultants and on-line help is also available from the Help menu when you have an
Internet connection.
• Enhanced view Module windows include a direct link to the Learning Centre in the Modules list
pane to access the Help features.
• The Home window in the Classic view includes a Learning Centre icon that accesses the Help
features.
• Help buttons are also available in other windows and provide context-sensitive help – help about
the options in the open window.
6. What are the roles of the ledger and journal icons in the Enhanced view module Home windows? In the Classic
view Home window?
In both the Enhanced view and the Classic view, the ledger icons provide access to the accounting ledgers so
that you can create and modify ledger records. Before finishing the history for a ledger, you also add data
from historical transactions and account balances for the records. Journal icons provide access to the journals
for these ledgers so that you can enter day-to-day accounting transactions that update the ledger records
automatically.
7. What is the role of the module windows?
The expanded module windows in the Enhanced view show the journals and ledger functions for that
specific ledger as separate icons and open the specialized journal or ledger features directly.
8. What purpose do the tool buttons in the Home window serve?
Tool buttons in any window provide immediate access to commonly used program functions as an
alternative to choosing these commands from the main menus.
9. Why might the status bar line in a Sage 50 window be blank?
The status bar will be blank when the mouse is pointing to a blank portion of the window (not to an icon,
tool button, menu item or input field) or to an area outside the main Sage 50 screen.
4
