How to Create Bonus Account in Sage 50 In Sage 50 (formerly known as Peachtree Accounting), a Bonus Account is a general ledger account used to record bonus payments to employees. When a company pays bonuses to employees, it can record the payment as an expense in the Bonus Account. To create a Bonus Account in Sage 50, you would follow these steps: Click on the "Maintain" menu in the main menu bar. Select "Chart of Accounts" from the drop-down menu. Click on the "New" button in the Chart of Accounts window. Select "Expense" as the account type. Enter a name for the account, such as "Bonus Account." Enter a number for the account if desired. Set the tax code for the account if applicable. Click "Save" to create the account. Once the Bonus Account is created, you can use it to record bonus payments to employees by entering a journal entry to debit the Bonus Account and credit the cash or bank account used to pay the bonuses. Visit here: https://www.reconcilebooks.com/setup-a-bonus-acc

How do I Manually Activate my Sage 50? As your business grows and you take on more employees, you might find it necessary to upgrade your Sage 50 Payroll License to keep up with the changing needs of your business. In this blog article, we will explain how you can upgrade your Sage 50 Payroll Licence and add more staff as your business expands. Read on to learn more! Visit here: https://www.reconcilebooks.com/sage-50-payroll-employee-licence/

How do I Manually Activate my Sage 50? As your business grows and you take on more employees, you might find it necessary to upgrade your Sage 50 Payroll License to keep up with the changing needs of your business. In this blog article, we will explain how you can upgrade your Sage 50 Payroll Licence and add more staff as your business expands. Read on to learn more! What is Sage 50 Payroll? As your business grows, you may need to upgrade your Sage Payroll Employee Licence and add more staff. Here's what you need to know about Sage 50 Payroll. Sage 50 Payroll is software that helps businesses manage their payroll. It can be used to process payroll for employees, calculate taxes, and generate reports. The software is available in different editions, depending on the size of the business. Sage 50 Payroll can be used to process payroll for employees, calculate taxes, and generate reports. The software is available in different editions, depending on the size of the business. The Basic edi