As we know, before any accounting operations, the accounting financial years involved must be created and open. This function is therefore used to manage, by company, the status of the financial years. Associated with that particular entry transaction validation screen. You may also get an error as “Incorrect date” while creating transactions in Sage X3. We can resolve this by opening the fiscal year for the respective company/site.
The start date of the first financial year is defined at the level of the Company record. It cannot be earlier than the start date of the first financial year defined during the creation of the folder. The end date is by default 12 months later, but it can be modified directly in the financial years management function.
- Navigate to : Common data > G/L accounting tables > Fiscal years
- Click on Fiscal year to open new financial year. Refer below screenshot.
- Select the dropdown Y/N as “Yes” against fiscal year which you want to open. Refer below screenshot.
- Now, click on “Opening” to open fiscal year.
Set dropdown against fiscal year as “Yes” and click on OK.
It will open the required fiscal year.
Hope this helps!
Greytrix – a 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.
Greytrix caters to a wide range of Sage Enterprise Management (Sage X3) offerings – a Sage Business Cloud Solution. Our unique GUMU™ integrations include Sage Enterprise Management (Sage X3) for Sage CRM, Salesforce.com and Magento eCommerce along with Implementation and Technical Support worldwide for Sage Enterprise Management (Sage X3). Currently we are Sage Enterprise Management Implementation Partner in East Africa, Middles East, Australia, Asia. We also offer best-in-class Sage X3 customization and development services, integrated applications such as POS | WMS | Payment Gateway | Shipping System | Business Intelligence | eCommerce and have developed add-ons such as Catch – Weight and Letter of Credit for Sage Enterprise Management to Sage business partners, end users and Sage PSG worldwide.
Greytrix is a recognized Sage Rockstar ISV Partner for GUMU™ Sage Enterprise Management – Sage CRM integration also listed on Sage Marketplace; GUMU™ integration for Sage Enterprise Management – Salesforce is a 5-star app listed on Salesforce AppExchange.
For more information on Sage X3 Integration and Services, please contact us at firstname.lastname@example.org. We will be glad to assist you.