FormerMember

Can someone provide me with module closing instructions/documentation on Sage Business Works?

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Posted By FormerMember

I am trying to learn why our current accountant is spending all day closing out the modules on Business Works at month-end.  Another much larger company that I manage the books for on a Sage 100 product takes much less time.  I need documentation of steps to determine if it is the person's methodology or the actual process.  Thank you.

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    The actual steps to perform the close task in Sage BusinessWorks is pretty simple. Please see KnowledgeBase article #18044 "How to close the month and year" for steps to perform the month end close for Sage BusinessWorks.   There are no time metrics on how long a close should take - and that can vary on the amount of data, speed of the computer, networking, etc....  If there are concerns on the performance on the close, we would recommend performing the close directly on the Sage BusinessWorks server which may be a more robust computer and to avoid any network traffic.  In addition, prior to the close each company may have their own guidelines or routine on what reports they may want to run for their month end reports, etc...  Although there are no requirements in Sage BusinessWorks of reports you have to run prior to the close, we do offer a list of suggested reports in our Checklists.  Please see article ##57240 How to access the Checklists.  There is also additional information in the Help files regarding month end closes.  From BusinessWorks, go to Help, Module Help, then select the module.  For example "General Ledger".  In General Ledger, select "Close" from the General Ledger Contents.  Next, select "Close Current Month".  This will give you additional information regarding the close process for each module.

    Thank you,

    Coleen