I've just started working for a company that still uses Sage Line 100. I am totally new to bookkeeping and am having a few issues.
I allocated a receipt in error to the sales ledger.
Here's what I did-
Not knowing what I was doing, I went into the Sales Ledger and allocated a receipt for say £5000. I allocated this against four invoices. This showed up on the sales ledger, but not on the bank.
So, in a blind panic, I went into the cashbook and entered a receipt for £5000. This now shows on the bank, but also on the sales ledger, but I of course, can't allocate it to the right invoices because I've already allocated them...
As far as I can tell, the bank is as it should be, but my sales ledger says it has an outstanding balance of £5000.
Is there any way out of this? Or do I have to revert back to an earlier back up? I do hope it's not the latter as there is a lot to put back on!
I've never used Sage Line 100 - but principles should be the same in this and any other package.
If you've allocated that receipt against some invoices, then it's on the sales ledger as a credit. The corresponding debit must appear somewhere - you've said you couldn't see it on the bank, so it must be somewhere else! Is there more than one bank account? A cash account? A credit card account?
Does 100 has an audit trail screen that lists all transactions? And if you look in a sales ledger account (the one in which you've allocated the receipt) does that show the transaction number against any given transaction?
If so, look at the transaction number of the allocated receipt in the sales ledger account, then go to the audit trail screen and find that transaction. That might tell you which account it's been posted from.
__________________
Vince M Hudd - Soft Rock Software
(I only came here looking for fellow apiarists...)
