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Which function of Year End clears all the Autoentry Document Links? During last years end processing all of the AE Links were removed when we archived the data set. This year we would like to retain them within the year archive. Thank you.

Tax changes Sage makes every effort to deliver the tax updates to you as quickly as possible. The first US Payroll tax update for 2024 is now available. Read below for details. Note : The Canadian Payroll tax update will be announced in this forum when…

The business sold during the year and the proceeds of the selling transaction were not deposited in the business bank account, how can I close the books for tax purposes?

Hi, I'm looking to "rollover" my ledgers into the new year starting 1st April 2023 and want to see the balance sheet items with their retained balances but the profit and loss items reset to zero (and the balances moved to reserves), but at the moment…

Help! I just noticed that on my review from the accounting firm they have indicated that I need to make journal entries for previous years to resolve the note on the year end adjusting journal entries sheet to address the comment "To record PY AJE not…

Can you still get the accountants copy after doing the year end ? I have started the new year before doing it?

I am waiting for YE adjustments from our accountant, so I didn't post my last reconciliation (October) - I was told not to post last reconciliation until I have all YE (I don't know why). I already started new fiscal year. If I post it now, and I will…

I work in an accounting office. For years, it has been our practice to ask clients for a copy of their latest .cab file when we do their yearend. This is an ordinary .cab file, made using the usual backup procedure. We are not asking for an 'accountant…

We started using Sage Cloud Accounting in Feb 2020. In order to bring in our opening balances from Dec 2019 I manually updated all the opening balances under the company menu. We used the system for the entire 2020 financial year. At the end of the year…

Good day All, This is the 1st year I am doing IRP5s via using Sage Payroll Professional. This might be a silly Q but here goes: Where does SPP save the IRP.20 file that generates when you do the test run to import to Easyfile for validation? Usually…

Good morning Community, Year End is here and with it some common errors and FAQ's. Many customers create a 13th period. This is to allow them an extra period to finalize their Year End. Click Here for a step by step guide and which options should…

Good Morning Community, Year End is here and with it some common errors and FAQ's. Getting the message 'Open Batches found' is a common Year End error and fairly easily resolved. For a step by step guide Click Here or watch our step by step video…

Good Morning Community, Year End is here and with it come some common Year End errors and FAQ's. One of these FAQ's is that the new company is not showing on the Workstations after running the Year End process. You will need to go to each workstation…

Good Morning Community, Year End has arrived and with it a few common errors like runtime error 53. This normally occurs if you are not running the Year End from the local drive where the data resides or you have missing files. Please click here…

I was just given a list of year end journal entries from my accountant to enter into Sage. The list contains almost entirely $CDN accounts but also includes several entries related to one $US account. Although the list hows as balanced in the printout…

I recently took over a set of books and have found that the last credit card reconciliation before year end was not completed. All the year end documents and adjusting entries have been completed. How should I proceed with completing this reconciliation;…

For some reason, when processing my roll-over/year end, it has rolled over into my current year, despite me having creating a new company for the new year. Any one that can help me get my previous year back to where it belongs and try this roll over…

Our company has decided to take on this process and we have a few questions. I'm already able to export the inventory, update the values in the spreadsheet and reupload them into the system. Am I suppose to do this before or after we use the Yearend…

I am a new user so forgive me if I am not too clear about this issue. I have come to the end of our fiscal year and the accountant has requested a copy of my accounting data file so he can prepare our year end tax return. The problem is that I want…