- General Ledger Closing – While it’s a good idea to close modules in a timely fashion, the General Ledger can remain open for as long as you need while waiting on final processing in other modules (or audit adjustments). A GL that’s still open for 2015 will NOT prevent you from entering transactions for the new year.
- Payroll Planning – Even if your company is on a fiscal year, you’ll need to close out payroll at the end of the calendar year.
It’s a good idea to begin reconciling all of your payroll tax reports to the general ledger in early December. This gives you a chance to catch errors early and avoid filing an amended payroll tax return.
Note: All W-2’s and quarterly reports must be printed before processing the first payroll for 2016.
- Check Your Version Number – Closing procedures can vary depending on which version of Sage 100 you’re currently running. For Version 4.0 or above, do the following to identify both your version number and service pack:
Select Help > About Sage 100
- Master Console – Once you’re actually ready to close, you need to make sure all users are out of the system. That’s where the Master Console comes in handy.
This utility provides a snapshot of all users currently logged into Sage 100, the workstation being used, what programs/tasks they are using, the activity date, and more. From this screen, you can also broadcast a message to all users or even shut them down remotely.
To launch the Master Console:
Select File > Master Console
Please contact us if you have any questions or need assistance.