Sage 300 ERP - Year End Process

Sage 300 ERP

Sage 300 ERP
Welcome to the product community for Sage 300 ERP. Share best practices, discuss the product, ask questions to other Sage 300 ERP users. Sage 300 ERP is the most comprehensive financial suite by Sage for mid-sized and smaller businesses.

Sage 300 ERP - Year End Process

This question is not answered

Hi All,

In a case where current year (2013) transactions are not completed and still if we need to start next year transactions (2014), what would be the best possible way to handle it in Sage 300 ERP?  (Since it is taking 1-2 months to complete and finalize the previous year back-log we need to enter 2014 live transactions as well as last year transactions in parallel)


Thank you in advance!

All Replies
  • Create 2014 in the Fiscal Calendar.  Don't post 2014 batches in the GL until you create the new year.

  • Just to clarify - I think you mean this, right? --  Create 2014 in the Fiscal Calendar.  But don't post 2014 batches in the GL until you run the "create new year" function in G/L Periodic Processing folder.  It would be easy to misinterpret "create new year" as referring to the addition of 2014 to the fiscal calendar.

  • Yes.