Summary
How to post transactions to the prior fiscal year after you've begun the new one in Sage 50 Accounting.
Resolution
After starting a new year
- You can post transactions to the current fiscal year and one prior fiscal year
- When posting to the prior year
- You can change the transaction date as far back as the first day of the previous fiscal year
- You can post the entry on the transaction window
Limitations
You can’t generate a Payroll Cheque Run in the previous calendar year and must issue individual cheques.
To prevent processing before a specific date:
- Log in as single-user mode and sysadmin.
- Go to Setup, Settings, Company, System.
- Enter a date in Don’t allow transactions dated before.
NOTE: The date must be the beginning of the previous fiscal year
- Select OK.