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year end date

Bookkeeping and Management Accounting help does not have to be specific to the use of Sage 50
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pete mangan
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Joined: 06 Jul 2010, 18:13
Sage Version: v2009 15 UK/Europe/Africa

year end date

Post by pete mangan » 23 Jan 2011, 22:09

Dear all

when set up my financial year date I only had the option of setting the month not the day in the month. My accounting year is aligned to the tax year ie 6th April to 5th March. When I enter any transactions April 1st to 6th Sage 50 assumes that this is the following financial year. This is also reflected in the P & L reports. I need to set SAge to recognise my true financial year or for the ability to pull off P & L reports for my true financial year. Any help gratefully accepted.

Pete
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brucedenney
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Joined: 28 Feb 2006, 09:56
Sage Version: v30 UK/Europe/Africa

Re: year end date

Post by brucedenney » 28 Jan 2011, 17:56

I suggest changing your financial year to run whole months. It is the way that 99.999% of people work
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