by ASI | Dec 2, 2020 | ASI News, Sage 100 News
Here are just a few tips to keep in mind as you begin year end processing in Sage 100. 1. 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 awaiting final...
by ASI | Dec 2, 2020 | ASI News, Sage 100 News
A year end process in one module often writes data to another module. Therefore, the sequence in which you close your Sage 100 modules is important in order to avoid the risk of damaging your data. Important: Remember to back up your data before starting module...
by ASI | Dec 2, 2020 | ASI News, Sage 100 News
At year end, it’s useful to create an archive company using the Copy Company feature. This provides a readily accessible copy (and backup) of the current year’s data even after you perform year end processing in your live company. To make a copy company, go to:...
by ASI | Dec 2, 2020 | ASI News, Sage 100 News
At a high level, here are 4 things to consider as you begin closing the books on 2020 and start fresh in the new year. 1. Backup Your Data Executing a complete backup of your database is one of the most important things you can do before starting any closing process....
by ASI | Dec 2, 2020 | ASI News, Sage 100 News
Sage Fixed Assets 2021 has been released. Here’s a look at what’s new in the latest version of the powerful fixed asset management software. Expanded Depreciation Books In addition to the previously existing 7 depreciation books in earlier versions of the software,...
by ASI | Dec 2, 2020 | ASI News, Sage 100 News
This year, the IRS reintroduced Form 1099-NEC as the way to report nonemployee compensation, moving away from Form 1099-MISC as traditionally had been used. Let’s take a look at this new requirement and more importantly, how to record and report 1099-NEC information...
