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Sage 50 Canada Year-end Centre
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Sage 50 Canada Year-end Centre

Get all the latest knowledge articles, videos, and online resources you need for your year-end activities.
Year-end articles Step 6: Start New Calendar Year
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  • Home: Sage 50 CA Year-end Articles
  • +Installation & Registration
  • +Payroll
  • +Product and Tax Updates
  • +Reports and Tax Forms
  • +Year-end activities
  • -Year-end Checklists
    • -Starting a new calendar year
      • Step 1: Make sure latest payroll tax update is installed
      • Step 2: Check Data Integrity
      • Step 3: Print Pier reports
      • Step 4: Print payroll reports
      • Step 5: Create backup
      • Step 6: Start New Calendar Year
    • +Starting a new fiscal year
    • T4/RL1 paper and e-filing
  • Government links

Step 6: Start New Calendar Year

First you will want to be sure you have made a backup of your data file. Note: you will need to be single user mode for this.

How do I create a backup?

Once your backup has completed, you can advance your fiscal/calendar year by going to Maintenance > Start New Year . Note: you will need to be in single user mode for this, and logged in as the sysadmin.

Advance Fiscal or Calendar Year

Common Questions Regarding Fiscal or Calendar Year

  • Can I still post to the previous year?
  • Start new year option is greyed out       
  • Fiscal year has been advanced too far
  • Can I continue to post paycheques in the current calendar year after starting a new calendar year?

Previous      Continue to T4 /  RL 1 filing checklist

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  • new calendar year
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