Summary

In Sage 50 Accounts v23 and above, you can add a negative value item line to invoices.

Special product codes

In Sage 50 Accounts, you can add a negative line by using the special product codes S1, S2 and S3. This allows you to also add negative lines to service invoices.

NOTE: The standard invoice layouts available with Sage 50 Accounts v23 automatically show the negative item lines. If you use a customised invoice layout, you can edit it to show negative item lines.

How do I add a negative line?

1. Create an invoice as normal.
   
   
2. Click the next available item line, then for a service invoice, enter some details and press F3.
   For a product invoice, click the arrow and double-click special product S1, S2 or S3.
   
   
3. Click the Make negative checkbox.
   
   
4. For the Unit Price, enter the amount as a positive value.
   
   
5. Complete the item line details, then click OK.
   
   
6. Enter any other items as required.
   
   
7. Click Save, then click Close.

The value of the negative items shouldn’t exceed the total value of the positive items on the invoice. If you use the VAT Cash Accounting scheme, then the total value negative items for any tax code shouldn’t exceed the total value of that tax code.

Further Information

If you have any questions about this or need assistance, then please contact the GCC Group Support Team on 0345 260 1151 or servicedesk@gccgroup.co.uk

Sage 50

Create a more agile, efficient & modern business with Sage 50 Accounts.

Sage 50 combines the power of desktop accounting with cloud computing, allowing you to access your critical information any time, from anywhere.

The automated data-capture, in-depth reporting, and built-in help & guidance offered by Sage 50cloud accounts makes it an accounting system for the digital age.

There are 2 variations of Sage 50cloud accounts available:

• Sage 50cloud Standard
• Sage 50loud Professional

Sage 50cloud Accounts gives you the ability to leverage & act upon accurate information – which is at the core of all successful business operations.

Speak to a member of the GCC team and find out more about Sage 50cloud.

Sage 50 Training

Sage 50 can do wonders for your business, but to get the most out of it, you need effective training.

And although Sage 50 can be intuitive to a point, chances are without the right training, you’ll only scratch the surface of what it can do for you.

GCC run & offer expert Sage 50 Training courses – see which course is suitable for you, or contact us to discuss your training needs.