{"id":2705,"date":"2013-02-27T06:54:05","date_gmt":"2013-02-27T06:54:05","guid":{"rendered":"http:\/\/www.greytrix.com\/blogs\/sageaccpacerp\/?p=2705"},"modified":"2025-07-18T06:12:47","modified_gmt":"2025-07-18T06:12:47","slug":"year-end-process-in-sage-300-erp","status":"publish","type":"post","link":"https:\/\/www.greytrix.com\/blogs\/sageaccpacerp\/2013\/02\/27\/year-end-process-in-sage-300-erp\/","title":{"rendered":"Year End process in Sage 300 ERP"},"content":{"rendered":"

The financial\u00a0year-end\u00a0process is one of the major processes in any of the Financial Software. In Sage 300 ERP (Sage Accpac ERP), users have to follow certain steps for smooth year-end processing as procedures are very crucial for accurate accounting. Sage 300 ERP provides a very easy to use and efficient year-end procedure, which can be completed by an Admin user.
\nFollowing steps will help admin users for\u00a0year-end\u00a0in Sage 300 ERP (GL, AP, AR, PO, OE, IC and PJC);<\/p>\n

1.<\/strong>\u00a0Run day end process from Inventory Control >> IC Periodic processing >> Day End process.
\n2.<\/strong>\u00a0View all Open batches from General Ledger Module and verify the data for correctness.
\n3.<\/strong>\u00a0Post open batches from General Ledger Module.
\n4.<\/strong>\u00a0Then create New Fiscal calendar for New year from Common Services >> Fiscal calendar<\/p>\n

\"\"<\/a><\/p>\n

This would complete the creation of fiscal calendar, which serves as a reference for the system for segregating entries in as per document and posting dates. Now let us look at the Current Fiscal Year changing procedure.<\/p>\n

5.<\/strong>\u00a0For creating New Year, navigate to General ledger >> GL periodic process >> Create New year and click on Process button.\u00a0This would create a New Fiscal Year.<\/p>\n

\"\"<\/a><\/p>\n

Note:\u00a0<\/strong>It is advisable that before proceeding with above-discussed activity take database backup from Sage 300 ERP.<\/span><\/p>\n

About us<\/strong>
\nGreytrix<\/a>\u00a0a globally recognized Premier Sage Gold Development Partner is a one stop solution provider for Sage ERP and Sage CRM needs. Being recognized and rewarded for multi-man years of experience, we bring complete end-to-end assistance for your technical consultations, product customizations, data migration, system integrations, third party add-on development and implementation expertise.<\/p>\n

Greytrix<\/a>\u00a0offers unique GUMU™ integrated solutions of\u00a0Sage 300 with Sage CRM,<\/a>\u00a0Salesforce.com\u00a0<\/a>and\u00a0Magento eCommerce<\/a>\u00a0along with Sage 300 Migration from\u00a0Sage 50 US, Sage 50 CA, Sage PRO, QuickBooks, Sage Business Vision and Sage Business Works<\/a>. We also offer best-in-class\u00a0Sage 300 customization and development services<\/a>\u00a0and integration service for applications such as\u00a0POS | WMS | Payroll | Shipping System | Business Intelligence | eCommerce for Sage 300 ERP<\/a>\u00a0and in Sage 300c development services we offer services such as upgrades of older codes and screens to new web screens, newer integrations using sdata and web services \u00a0to Sage business partners, end users and Sage PSG worldwide. Greytrix offers over 20+ Sage 300 productivity enhancing utilities that we can help you with such as\u00a0GreyMatrix<\/a>,\u00a0Document Attachment<\/a>,\u00a0Document Numbering<\/a>,\u00a0Auto-Bank Reconciliation<\/a>,\u00a0Purchase Approval System<\/a>,\u00a0Three way PO matching<\/a>,\u00a0Bill of Lading<\/a>\u00a0and\u00a0VAT for Middle East<\/a>.<\/p>\n

For more details on Sage 300 and 300c Services, please contact us at\u00a0accpac@greytrix.com<\/a>. We will be glad to assist you.<\/p>\n","protected":false},"excerpt":{"rendered":"

The financial\u00a0year-end\u00a0process is one of the major processes in any of the Financial Software. In Sage 300 ERP (Sage Accpac ERP), users have to follow certain steps for smooth year-end processing as procedures are very crucial for accurate accounting. Sage 300 ERP provides a very easy to use and efficient year-end procedure, which can be\u2026 Read More »<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[990,1029,1726,2357,2451],"class_list":["post-2705","post","type-post","status-publish","format-standard","hentry","category-sage-accpac","tag-fiscal-calendar","tag-gl-create-new-year","tag-new-year-procedure-in-sage-300-erp","tag-sage-300-erp","tag-sage-accpac-erp"],"yoast_head":"\nYear End process in Sage 300 ERP<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.greytrix.com\/blogs\/sageaccpacerp\/2013\/02\/27\/year-end-process-in-sage-300-erp\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Year End process in Sage 300 ERP\" \/>\n<meta property=\"og:description\" content=\"The financial\u00a0year-end\u00a0process is one of the major processes in any of the Financial Software. 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