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Sage Accpac Year End - Hot Tips

To do this you will need to make sure that the new financial year has been created in your Fiscal Calendar so that ACCPAC is aware of the new Fiscal Periods and you must have access to the Fiscal Calendar in Common Services

  1. Accpac
  2. Common Services
  3. Use the arrow keys to move to the last fiscal year on record
  4. To create the new financial year click on the "New Page" icon
  5. Select Save
  6. The new year has now been created
** Please Note ** If you are creating this prior to the new year then make sure that you lock all the fiscal periods until required. It is very common for users to incorrectly enter financial year and periods during this transition period. ** Hot Tip 2 - Auto Reversing GL Journals ** If you use auto reversing journals in Period 12 of the current financial year please note the reversing journal created will error. This is because Accpac can not post to future financial years. Once year end has been completed you will be able to post any error batches created by auto reversing journals. ** Hot Tip 3 - Turn off Auto Posting ** Since Accpac 5.4 General Ledger Batches have been able to be posted automatically. If you have not run year end and you have not turned this feature off, then all batches posted in the sub modules that relate to the new year will create error batches in the GL. Under each sub module go to:
  1. Setup
  2. GL Integration
And change the "Create GL Transactions by" flag from "Creating and posting a new batch" to "Creating a new Batch". You can change this back once year end is complete.
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