How To Enter Your Environment Settings on sage line 50

1. From the Options window, to set your environment defaults, click the Environment tab. The Environment information appears. 2. In the boxes provided, enter the following. Function Keys (F11 and F12) If you select the Configure F12 As Hide Key checkbox, you can press F12 at any time to minimize your Sage Line 50 program. 3. Enter the following Server Side Reporting details. This will activate the Remote Report Writer on your PC: Enable Server Side Reporting, Server, Port No and Cache Size. 4. To save any changes and exit, click OK button, or to exit without saving, click Cancel. Opening Balances Checklist ¨ Make sure you are set up for the correct VAT scheme: either the Standard VAT Scheme or VAT Cash Accounting. You should check the VAT Scheme you are using with your accountant. You will also be able to obtain your opening balance figures from your accountant. ¨ Post the opening balances for your customers and suppliers. Note: you can enter your opening balances at the same time as you create your records. ¨ Print and check the opening balances in the following reports: From the Customers module; Aged Debtors Analysis(Detailed) and Customer Activity(Detailed). From the Supplier module; Aged Creditors Analysis(Detailed) and the Supplier Activity(Detailed). From the Financials module print out the Trial Balance. ¨ Clear the Debtors and Creditors Control and Suspense Account balances using the values from your Trial Balance. Users on VAT Cash Accounting should also clear their Sales and Purchase Tax Control accounts. ¨ Post your nominal ledger and bank account opening balances. ¨ Reprint your Trial Balance. ¨ Make sure the balance on your Suspense Account is zero. ¨ (Financial Controller and Accountant Plus only) Post the opening balances for your product records. ¨ Run Sage Line 50’s Check Data option. ¨ Take a back up of your data and label it "After Entering Opening Balances".