Start New Year
Before you can perform this task
If you are working with a new company, you have to finish entering all historical information about your company before starting a new year.
To start a new fiscal or calendar year in Sage 50 Accounting:
- In the Home window on the Maintenance menu, choose Start New Year.
- (Optional) Use the checklists to determine if you have completed all year-end procedures.
For a consolidated companyBefore you start a new year in either a parent or subsidiary consolidated company, be sure that you update your consolidated company first.
If a new year is started in the parent or one of the subsidiary consolidated companies:
- Start a new year in all the other parent or subsidiary consolidated companies
- Update the consolidated company.