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Sage Questions and Answers
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Sage Questions and Answers
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Sage Questions and AnswersIn Inventory, Minimum refers to: - ANSWER Lowest number of items that must
be kept in stock before re-ordering.
When creating the Chart of Accounts it would be very important to : - ANSWER
Leave spaces between account numbers in order to insert new accounts when
required.
What does the "feather pen" symbol on ledgers indicate? - ANSWER The
history for the ledger is not "finished".
The following purchase invoice errors will require a complete REVERSING entry,
rather than an "adjustment"- - ANSWER Entering the wrong vendor for an
invoice.
How would you enter a purchase return of an inventory item- - ANSWER
Record a negative quantity in the quantity column
If the fiscal start is Jan 1, the fiscal end is Dec 31, the earliest transaction date is Jul
6 and both the latest transaction and the session dates are Jul 2, you will be
unable to enter transactions dated before - - ANSWER July 1
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