Sage 50 exam 2025 Study guides, Class notes & Summaries

SAGE 50 - Ch 7 Exam Questions with correct Answers 2024/2025 ( A+ GRADED 100% VERIFIED).

SAGE 50 - Ch 7 Exam 2024 with Solutions 1. Which of the following components make up the payables ledger setup - A) payables and sales tax setting defaults B) payables linked accounts C) set up vendor information and historical data D) all of the components listed here are necessary - Answer -D) all of the components listed here are necessary 2. If the bank issues a new series of cheques with a different numbering sequence - A) we must change the payments settings to accommodate the "al...

Which option is presented on the sage 50 accounting welcome and select screen? - Answer -*Open a sample company *Create a new company *Select an existing company The "save as" function will... - Answer -make a copy, close the original file and keep the new file open How much will the remittance to the Receiver General be? IF a province has a 13% HST and GST is 5%, a company has the following account balances HST collected on sales $1300 HST paid on purchases $1100 - Answer -$200 When ...

The Business Status Center is also called Sage 50's: - Answer -Dashboard The Navigation Bar allows you to perform activities most closely associated: - Answer -All of the above (employees & payroll, Vendors & Purchases, Customers & Sales, Inventory & Services) The File pull-down menu allows you to do all the following BUT: - Answer -Receive payments from customers Perform common operations by using two or more keys: - Answer -Shortcut Keys The procedures used in computerized accounting di...

sage 50 exam 2024 With Solutions Sage 50 log bills to: - Answer -Accounts payable Sage 50 recommends you back up - Answer -To removable media or the cloud Can Sage 50 control users' access? - Answer -Yes, through a role based security Sage 50 invoices can be - Answer -Converted from quotes Sage 50 Sales Orders - Answer -Keep company on top of order details Payments can be received on - Answer -Invoices, Sales Orders, and Cash receipts You use the Receive Payments window when - Answer -Th...

Sage 1 Exam Questions and Answers Which option is presented on the sage 50 accounting welcome and select screen? - Answer -*Open a sample company *Create a new company *Select an existing company The "save as" function will... - Answer -make a copy, close the original file and keep the new file open How much will the remittance to the Receiver General be? IF a province has a 13% HST and GST is 5%, a company has the following account balances HST collected on sales $1300 HST paid on pu...

Chapter 1 & 2 Sage Exam with Solutions The Business Status Center is also called Sage 50's: - Answer -Dashboard The Navigation Bar allows you to perform activities most closely associated: - Answer -All of the above (employees & payroll, Vendors & Purchases, Customers & Sales, Inventory & Services) The File pull-down menu allows you to do all the following BUT: - Answer -Receive payments from customers Perform common operations by using two or more keys: - Answer -Shortcut Keys The proce...