Create
a New Company - Copy Company Information
How Do I...
You can choose to copy specific setup information from the selected
Sage 50 company. This option is useful if you have already set up a
company and want to save time entering default information.
- Start Create
a New Company, and make sure the Copy
settings from an existing Sage 50 company chart of account optionis selected and you have chosen an
existing company to copy.
-
Select each company setting you want to copy to your new company.
If you don't choose to copy the information, you can set up new
information by selecting menu options from the Maintain menu.
If you are rebuilding
a company, you should select each option.
- Chart of
Accounts: This copies account IDs, descriptions, budget
information, and account types from the selected company. If you
choose not to copy a chart of accounts, it is strongly recommended that
you set up the required retained earnings account immediately following
New Company Setup.
- Accounting
Periods: This copies the number and dates of accounting periods
from the selected company.
- Statement
and Report Formats: This copies all customized financial statements
that were designed in the selected company.
- General Ledger
Defaults: This copies General
Ledger default information entered in the selected company.
- Customer
Defaults: This copies customer
and statement/invoice
default information entered in the selected company.
- Vendor Defaults:
This copies vendor default
information entered in the selected company.
- Employee
Defaults: This copies employee
default information entered in the selected company,
including payroll setup and company payroll tax formulas.
This option is not selected by default since most companies have a unique
payroll setup. However, if you are rebuilding your company, make sure
to select this option.
- Inventory
Item Defaults: This copies inventory item
default information entered in the selected company.
- Job Defaults:
This copies job default
information entered in the selected company.
- To continue setting up your company, select the
Next button. Sage 50 displays
the Create a New Company – Accounting
Method window.
What do you want to do next?