This is going to be such an obvious question that I'm almost too afriad to ask.
My client's year end was 30th June. I'm now getting invoices and receipts and doing payments in July.
Can I enter these to Sage now or do I have to wait until I've run the year end...but that would be stupid, surely I won't run the year end until the accountant tells me too, that will be when he's finalised the accounts and that could be weeks/months away and so I'd end up will a huge pile to catch up with and no up to date info in the meantime!!
I did, by accident, try to enter something to July and Sage threw a warning messgae at me about not the current financial year and put the spooks up me.
I am sorry, I have done this before...honest....just a couple of years ago, before children, before pension schemes and before auditing!!! Oh, and we always had a Sage expert on hand who I guess I never properly listened to.
Yes you can enter later transactions. You can get rid of the annoying Sage message if you have a reasonably recent version of Sage by going into Settings > Company Preferences >Parameters and ticking the Pause outside financial year box.
If there is a year end accountant involved then you can close the year at your end once you've run a pre year end back up for him and then ask the year end accountant to give you his journals to put through once the accounts are done...
slightly off topic but we have the above problem, with recurring message saying outside of current financial year, Sage instant account version 10 seems to be too old to have the tick box?
-- Edited by alto on Thursday 7th of July 2011 07:30:27 PM
