Step 1:

• Log in as sysadmin and in single-user mode
  See How to switch to single user mode

Step 2:

Option 1: Use the Linked Accounts Wizard.

• Use the Linked Accounts Setup Wizard under Setup, Wizards, Linked Account
  
• Click Next
• Go through all the modules to add, remove, or change a linked account 

Option 2: Navigate the Linked Accounts manually.

• Retained Earnings
  Go to Setup, Settings, General (Accounts), Linked Accounts change Retained Earnings
• Accounts Payable, Freight, Early Payment Discount and Prepayment
  Go to Setup, Settings, Payables, Linked Accounts, change the accounts
• Accounts Receivable, Revenue, Freight, Early Payment Discount and Deposit
  Go to Setup, Settings, Receivables, Linked Accounts, change the accounts
• Employee Payroll
  Go to Setup, Settings, Payroll, Linked Accounts
  • Incomes
  • Deductions
  • Taxes
  • User-Defined Expenses
• If using Sage 50 Pro, you can choose to designate a custom account for Record wage expenses in:
• Go to the employee record and select the optional radio button
  
• If using Premium or Quantum, go to Setup, Settings, Payroll, Linked Accounts, Expense Groups
• Click the dotted ellipses box and check the Linked Accounts column
  
• Item Assembly Cost & Adjustment Write-off (inventory)
  Go to Setup, Settings, Inventory & Services, Linked Accounts, change the accounts
• Credit Cards
  Go to Setup, Settings, Company, Credit Cards, both Used and Accepted, change the Acct.
• Sales Taxes
  Go to Setup, Settings, Company, Sales Taxes, Taxes change Acct. to track
• Credit Cards
  Go to Setup, Settings, Company, Credit Cards, both Used and Accepted, change the Acct.
• Delivery Orders
  Go to Setup, Settings, Company, Customers & Sales, Linked Accounts, Delivery Orders
• Goods Received Notes
  Go to Setup, Settings, Company, Vendors, Linked Accounts, Goods Received Notes

Option 3: Linked accounts in records

• Linked Account for Customers and Vendors:
  • Go to each Customer and Vendor record
  • Look under the Options tab
  • Customers will have a revenue-linked account and vendors will have an expense-linked account

Option 4: Optional activities

• Matching Transactions for Bank Feeds
  • Go to Setup, Settings, General (Accounts), Linked Accounts
  • Link an account for Bank Charges and Interest Income as needed
• Multi Currency
  • If you have a bank account in a different country other than Canada or process invoices in a different currency
    Set up a rounding difference account 
     NOTE: The exchange rate can change between the invoice date and the receipt/payment date 
  • See How can I add a foreign currency?
  • Select a mandatory expense linked account for Track Exchange and Rounding Differences in:

 NOTE: 

• An account can only be linked once
• For instance, if you have setup 2 deductions in the system, each deduction will have to be linked to 2 different linked accounts
• Open a sample company to view examples of the types of accounts you can link