• customer deposits and/or prepayments) held for up to 5 to 10 years

    Because customer deposits (or possibly prepayments) will be held for up to 5 to 10 years, when Sage 50 states "Transactions, including general journal entries, cannot be created or changed in a closed year" - how does that apply to viewing, reporting…
  • Is there a way to open closed periods no longer available?

    I have just been hired to 'catch the employer up on past reconciliations' . The employer is a non-profit so issues with timely tax returns is not as much of an issue as it would be with for profit companies. The employer hired me to reconcile account…