Changing the year end shouldn't lead to any problems.  As Sage suggests, take a back-up before you make the change and then 'check data' afterwards.

The only thing it will effect is the monthly nominal totals for the previous years. These are zero'd out for some reason if you change the year end

If you are not too fussed about comparatives then no issue.

If you are then there is a way to get them back by "recalculating nominal totals (buckets)"

This process is different depending on what Sage version you have. If you do need any help on this just shout..

HTH

Jeremy

Thanks Jeremy, this our first year account so it shouldnt cause any problems. Thanks for your help

Hi - Think you need Sage 50 accounts Financial Controller or Accountant to change year end.

I will take a look if we have a copy of 2010 so we could change year end for you...

Back later!

Cheers

Jeremy

Jeremy: Without checking by actually performing a year end change, I think the "will always produce 12 months accounts" is probably *technically true* (in that if you look at the period selectors in the P&L reports etc, you will only see the relevant 12 months), but in practice the accounts can be produced for the full resulting period.

This is because:

* Where the year-end is brought forward (thus shortening the current year), the first however many months in the P&L will have the figures that were in those months in the prior year, but there will be a journal at the old year-end date where that year was closed down, thus zeroing the P&L figures at that point. So the P&L for the whole of the shortened "year" will show the correct amounts.

* Where the year-end is moved back (thus lengthening the current year), the 'extra' months are contained in the "Brought forward" figures in the P&L - so while you can't look at the P&L report for those months (you'd have to produce the monthly figures for those months using other reports, if you hadn't done it before making the change), the full-year P&L, run from "Brought Forward" to the final month, will still show the correct amounts.

I think. ICBW - especially without actually checking - but knowing how Sage works, I'm fairly confident.

Linda: I suspect you're looking at Settings => Financial Year and getting confused by the counter-intuitive way it's presented. Looking at that dialogue, you'd think you have to click on the month and year to alter them, and then click "Change" to commit - so with the date greyed out, it gives the impression you can't. You have to click Change, and then follow the prompts.