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Do you want to create a new company file in Sage 50? New Company Setup Wizard helps you to create your new company file and enter its information in Sage 50 accounting software. To keep recording or saving transactions for your company in Sage 50. Read how to set up a new company in Sage 50 2021, 2020, 2019, and 2018 accounting software.

Read How to Create a New Company File in Sage 50

Follow the below all instructions and steps to create a new company file in Sage 50 Pro, Premium, and Quantum software.

  • Go to File Menu.
  • Click on New Company.
  • In the New Company Setup Wizard, click the Next option.
  • Follow then below all instructions and then click on Next.
  • Click on the Finish option.

When you create a new company from an existing company file/data, the new company’s default posting period is set to the same posting period as the existing company.

While working on Sage 50 accounting, sometimes you get an issue related to company data or files. Below are issues and errors you facing in the company file.

Sage 50 Can’t Open Company– This error occurred due to the missing SAI and SAJ folders.
Sage 50 Unable to Open Company– This error occurred due SAJ folder doesn’t exist.
Sage 50 Can’t Connect To Company Data Location– This error occurred due to drive not being mapped properly or a network issue.
Sage 50 Won’t Open After Update– This error occurred due to Microsoft.net or issues in pervasive.
Sage 50 Unable to Backup Company– This error occurred due to antivirus or permission denied.
Sage 50 Error Loading Current Company File– This error occurred due to you opening an invalid company.

Hope you successfully set up a company in Sage 50 without any interruption. If you need any help from Sage 50 experts connect us.

1 Comment

  • Murarish, December 20, 2021 @ 1:15 pm

    Thanks for sharing this useful post, keep adding more value.

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