Do you have a Sage 100 Year End Strategy?
Accounting Business Solutions by JCS provides Sage 100 year end instruction to help you quickly close each module for the year in the proper sequence. Our top priority is to empower your business by providing a year end close checklist outlining the steps to successfully close one year and open the next.
Discover a comprehensive range of Sage 100 resources on accounting, operations and Sage 100 advanced software features. Accounting Business Solutions by JCS’ impact on the growth and profitability of small businesses begins by offering the Free Sage 100 Year End Checklist which allows businesses to stay on track during the busy time of closing out financial and operational reporting at the end of the year.
As an Authorized training, consulting and sales go to for Sage 100, the JCS team of highly skilled Sage 100 consultants understands the importance of the Year End Checklist. Preparing for the Year-End is easy by referencing JCS’ Year End Checklist. With a step by step checklist to quickly review each module and determine if you are ready to close the period in order to open the new year. Put our 30 years of experience to work for you!
Help For Sage 100 Year End
Year End Checklist
By using the free Year End Checklist Accounting Business Solutions offered by JCS, businesses can get organized and make sure they do not miss anything during year end. This year End Checklist is broken down by period, quarter and year. We are committed to helping small businesses get on track, stay on track, and be better positioned to increase revenue, profitability, and efficiency. Send us an email and request your free Year End Checklist.
Sage 100 Year End
Each module in Sage 100 has a period close that should be run periodically. Once a module has been closed and new transactions have been recorded a module can not be reopened with the exception of the general ledger. Use the module's Period End menu then select Period End Processing. The available options displayed depend on the current module. Period-end options typically include purging transaction files for any number of periods.
Year End FAQ
Sage 100 Year End Frequently Asked Questions - One of the most asked questions about Sage 100 year end is how do I create a history company? This is because the period end and year end close will remove any closed history transactions that have a date older than the defined number of years to keep historical transactions specified in each module. Most often we recommend using the copy company function to create a history company to easily be able to view information that is purged during the close.
Sage 100 Year End Frequently Asked Questions
Year End Tips And Tricks
One of the most asked questions about Sage 100 year end is how do I create a backup of my Sage 100 company data files? The Reason is because the period end and year end close removes closed transactions in periods based on each Sage 100 modules rules. This is determined by setting the value in the module setup defining the number of years to keep historical transactions. Most often we recommend using the copy company to create a history company to be able to view information that is purged during the close.
Where can I find Resources for Advanced Training?
Sage 100 Year Tips and Tricks – The expert consultants at Accounting Business Solutions by JCS can help you master year end tasks for Sage 100. Your training will focus on your specific business processes to help you quickly close starting with how to perform backups. Included will be reconciling the subsidiary modules to the general ledger before you close. Should you discover any out of balance conditions we can provide guidance to find and correct Sage 100 transactions and balances. Once new transactions are recorded only the general ledger module can be reopened.
What are un-posted journals in Sage 100?
In each Sage 100 module there are transactions that have been entered that must be updated prior to beginning the period or year end close process. You can set up processes to perform automatic posting of all journals. Optionally, you can browse to each module and perform the Sage 100 transaction update process manually.
What is the difference in the Sage 100 module aging reports and the trial balance?
The Sage 100 Aging reports is intended to report only current open balances, but can be run as of a current or future date. The Sage 100 trial balance reports can be run for past, current and future dates to reflect balances as of a specific point in time.
What is the recommended period end or year end order of closing for modules in Sage 100?
As the year end approaches learn how to close Sage 100 with this step-by-step video. View
How can I find a period end checklist for each Sage 100 module?
Once you are logged into Sage 100 navigate to help from the task bar · Select the help topic · Locate the search window and enter period end checklist. This will provide a suggest check list for each Sage 100 module.
The experienced consultants at Accounting Business Solutions by JCS understand the importance and urgency involved in the steps necessary to successfully close the Sage 100 Year End. Give us a call at 800-475-1047 or email firstname.lastname@example.org. We offer assistance with Sage Timeslips Support.