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Sage 100 Consultant Question: My Trial Balance is Unbalanced - How Do I Create a One Sided Journal Entry?
As a Sage 100 consultant, we often get commonly asked questions from our Sage 100 (formerly Sage MAS 90, MAS 200) customers. Today, we will share how to create a one sided journal entry when your Trial Balance is out of balance. Luckily, this shouldn't happen very often. If it does, then maybe there's something else you want to address. As always, if you are unclear about any of these instructions or have concerns on how this will impact your accounting, it is recommended that you contact your Sage 100 consultant. If you don't have access to one, we are here to help. Please see our blog for more helpful Sage 100 tips.
3 Steps to Create a One Sided Journal Entry
Sage 100 Consultant Answer: If your Trial Balance is Out of Balance, Here's How You Create a One Sided Journal Entry
Step 1 - You need to make sure you have security enabled to do a one sided entry. Under Library Master>Main>Roles> Security events the “allow out of balance journal entrys” under General Ledger should be checked.
Step 2 - Go to the Sage 100 ERP General Ledger>Main>General Journal Entry and enter a new Journal Entry. Enter just the one sided account entry you want to do.
Step 3 - Then click Accept, a screen will pop up starting that the Sage 100 ERP Journal Entry is out of balance. Then next you will see that one of the buttons in “ONE”. Click on ONE and print the General Journal and post as usual.
Written by Mike Renner, Partner at WAC Solution Partners - Palm Desert
Mike is an expert on Sage 100 ERP with over 25 years in the accounting software industry. Mike is also a Sage Certified Trainer and a recognized leader in the design, implementation and support of ERP systems, including Sage and Acumatica.
Specialties
Sage 100 ERP (formerly Sage MAS90 / MAS200), Sage 100 Fund Accounting (formerly MIP Non Profit Software), Sage Grant Management, Acumatica, Sage Online Fundraising, QuickBooks Enterprise and Point of Sale VAR.
Another version of this blog was posted on Mike Renner's Blog: How do we do a one sided Journal Entry for Sage 100
Tags: Sage 100 Consultant, Sage 100 AR
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