Sage 300 Construction & Real Estate Year-end Center (CA/US)

Develop a timeline, manage checklists for tasks that need to be completed, and assign responsibility.

For details on what tasks need to be accomplished in each application, select a checklist from Sage 300 CRE Canadian Year-end checklists below:

• Timing…

Find answers to frequently asked year-end questions. Select from options found in the table of contents on the left or select a topic below:

• Year-end Checklists
  • Canada Checklists
  • US Checklists
• Payroll
• Product and Tax Updates
• Reports and Tax Forms

p Run and post the final payroll for the year you are closing.

p Reconcile employee totals.  How?

p Reconcile payroll tax totals.  How?

p Reconcile Payroll to General Ledger.   How?

p Print management reports.

p If needed, enter information to comply with…

p Record and post all entries for the fiscal year. Review and correct rejected entries.

p Verify that all suspense type accounts have a zero balance.   How?

p Print trial balance and other normal month-end reports, and verify that General Ledger is in

p Record and post all entries for the fiscal year. Review and correct rejected entries.

p Reconcile Accounts Payable to itself.   How?

p Reconcile Accounts Payable to General Ledger.   How?

p Print management reports.

p Make a backup of your entire datab…

p Run and post the final payroll for the year that you are closing. This includes all checks dated in
        that year.

p     Reconcile employee totals.   How?

p Reconcile payroll tax totals.   How?

p Reconcile Payroll to General Ledger.   How?

p Print management…

p Record and post all entries for the fiscal year. Review and correct rejected entries.

p Verify that all suspense type accounts have a zero balance.   How?

p Print trial balance and other normal month-end reports, and verify that General Ledger is in

p Record and post all entries for the fiscal year. Review and correct rejected entries.

p Reconcile Accounts Payable to itself.   How?

p Reconcile Accounts Payable to General Ledger.   How?

p Print management reports.

p Make a backup of your entire database…

p Reconcile Property Management receivables to General Ledger.   How?

p Print management reports.

p Make a backup of your entire database if you haven't already done so.   How?

p Install year end software update before generating 1099s and other government…