The following table outlines which QuickBooks data items are converted to Sage 50 and which are not.
|
In QuickBooks |
In Sage 50 |
Comments |
|---|---|---|
|
Tax Item |
Sales Tax Agency |
|
|
Tax Name |
ID |
Sage 50 will convert the first 8 characters of a tax item name and append a number to it to ensure unique IDs. |
|
Description |
Description |
Sage 50 will only convert the first 30 characters of a tax description. |
|
Rate |
Tax Rate |
|
|
Tax Agency |
Tax Payable To |
Tax agencies are set up as vendors in Sage 50. The vendor must already be converted to Sage 50; Sage 50 will convert the first 20 characters of a vendor's name and append a number to the ID. |
|
Sales Tax Payable G/L account |
Sage 50 will use the Sales Tax Payable Account set up in the QuickBooks chart of accounts for this field. Sales tax payable accounts are automatically set up in QuickBooks when you first set up sales taxes or enter the first sales transaction. |
|
|
Tax Group |
Sales Tax ID |
|
|
Group Name/Number |
Sales Tax Number |
Sage 50 will convert the first 8 characters of a tax group name and append a number to it to ensure unique IDs. |
|
Description |
Description |
Sage 50 will only convert the first 31 characters of a tax group description. |
|
Components of Tax Groups |
Components of Sales Tax ID |
|
|
Tax Item |
ID |
Sage 50 will convert the first six or seven characters of a tax item name and append a number to it to ensure unique IDs. |
|
Rate |
Rate |
|
|
Description |
Description |
Sage 50 will only convert the first 31 characters of a tax description. |
|
G/L Account-Description |
Sage 50 will use the Sales Tax Payable Account set up in the QuickBooks chart of accounts for this field. Sales tax payable accounts are automatically set up in QuickBooks when you first set up sales taxes or enter the first sales transaction. |