Skip to content
logo Knowledgebase

Processing year end - Increasing the financial years

Created on  | Last modified on 

Summary

How to increase your financial years in Sage Accounting.

Description

In the year end process, you must close off the current financial year and move over to a new financial year.

View our full year end step-by-step guides view our Sage Accounting - Year end overview.

Resolution

 

When you are reaching the end of your financial year, you will receive the below message:

message indicating that you need to setup the new financial year.

  • Click Yes for Sage Accounting to create your new financial year automatically
  • Click No to exit the screen. No changes will be made

  1. Log in to Sage Accounting.
  2. Click Company and then Change Company Settings.
  3. Click General Settings and then Financial Years.
  4. Click the plus button at the end of the row of your current financial year.
  5. This will create a new financial year.
  6. Tick the box for the financial year you wish to use.