How do I create a new company or add an existing company? - Sage 50 Accounts v26 and below
Description

If you've a multi-company licence on Sage 50 Accounts you can create more than one company.

 NOTE: If any of these options aren't available it may be due to the following reasons:

  • You don't have a multi-company licence.
  • You've reached the maximum number of companies.
  • You're logged on as a user who doesn't have access to this option. 

Need a licence for an additional company? - Submit your details and we'll be in touch.

 NOTE: These steps are for Sage 50 Account v26 and below. Using Sage 50 Accounts v27 and above? Read our alternative guide >

Cause
Resolution
[BCB:42:CSat FB drive:ECB]



Create a new company

This creates a new company from scratch and the company its data files is stored in the location on your computer that appears in the box. 

  1. On the Selection Company window, click Add Company.

    Alternatively if you are already logged into an existing company you can click click File then click New then click CompanyIf prompted, enter your Password and click OK.

  2. Click Set-up a new company then if required, to change where the new company creates the files, click Change, browse to the required location and click OK.
  3. Click Next, complete the details in the ActiveSetup Wizard and click Create.
  4. Enter your logon details then click OK.

    By default your logon name is MANAGER.

Add an existing company that is on another computer you are networked to

If the data is on another computer or server that you are connected to via a local network, you must ensure the data folder is shared to access the data. You must also ensure that the other computer has the same version of Sage 50 Accounts installed.

Once you have ensured the data folder is shared to access the data:

  1. Click File then click Open and Open Company Data.
  2. If prompted, enter your Password and click OK.
  3. Click Add Company and Use an existing company stored on your network then click Browse.
  4. Locate the data or type the data path in and click OK, click Next and click Connect.
  5. Enter your Logon name and Password then click OK.

Add an existing company by restoring a backup

Select this option if you have an existing data saved as a Sage backup.

  1. Click File then click New and click Company.
  2. If prompted, enter your Password and click OK.
  3. Click Restore data from a backup file then click Browse.
  4. Locate the backup or type the path to the backup file then click Open.
  5. Click Next then click Restore.
  6. Enter your Logon name and Password then click OK.

Connect to an existing company using Sage Drive

If you've a company you're sharing using Sage Drive at a different site, you can connect in as a remote user. 

NOTE: You must make sure you are on the same version as the main site, as well as make sure your have been given access to connect to the company remotely for this to work.

  1. Click File then click Open and Open Company Data.
  2. Click Add Company and Connect to data from Sage Drive then click Next.
  3. Enter your Sage Account email address and password, then click Sign In.
  4. If prompted, enter the Captcha text then click Continue.
  5. Select the company data you want to connect to, then click Next.
  6. Enter the encryption password for the shared data, click Connect then log in to the company.

     NOTE: Note text here If you aren't the data owner, the person who invited you to access their data should supply you with the encryption password. If you can't see the company listed, the data owner has not given access to your Sage Account.


 TIP: Want to delete a company? - Read more >




  More support and information is available 

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[BCB:115:Limitless - 50 Accounts - New Company Setup:ECB]



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