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You can access the QST wizard from the Setup menu. After April 1 2013 B.C. changes from HST at 12 to a combination of GST and PST with respective tax rates of 5 and 7. The BC PST Update wizard helps BC clients convert easily by creating a new PST tax and new tax codes that include GST and PST. New company files created with this release will have the new QST rate already set up. For more information about this change contact Revenu Quebec or go to their web site. You can access the QST wizard...
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01
Open Sage 50 Accounting 2013 software on your computer.
02
Click on the 'File' menu in the top left corner of the software.
03
Select 'New Company' to create a new company file.
04
Fill in the required information, including the company name, address, and contact details.
05
Choose the appropriate accounting method (cash or accrual) for your business.
06
Set up your chart of accounts by adding the necessary accounts for your business.
07
Enter your opening balances for assets, liabilities, and equity.
08
Set up your customers and vendors by adding their information into the software.
09
Record your financial transactions, such as sales, expenses, and payments.
10
Reconcile your bank accounts and ensure they match with your bank statements.
11
Run financial reports to analyze the financial health of your business.
12
Back up your company file regularly to prevent data loss.
13
Periodically review and reconcile your accounts to ensure accuracy.
14
Seek professional help or consult the user manual if you encounter any difficulties or need further assistance.

Who needs sage 50 accounting 2013?

01
Small businesses that require a comprehensive accounting software solution
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Sage 50 accounting is a software used for small and medium-sized businesses to manage their finances, invoicing, inventory, and more.
Small and medium-sized businesses who want to streamline their financial processes and improve their accounting practices are required to use Sage 50 accounting.
To fill out Sage 50 accounting, users need to enter and categorize their financial transactions, reconcile accounts, generate reports, and manage their inventory.
The purpose of Sage 50 accounting is to help businesses effectively manage their finances, track expenses and revenues, and make informed financial decisions.
Information such as income, expenses, assets, liabilities, accounts receivable, accounts payable, and financial reports must be reported on Sage 50 accounting.
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