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Sage ERP 100 MAS 90/200 2012 Year End Closing


Published on Sage ERP 100 MAS 90/200 2012 year end closing procedures. Helpful for accountants, cpas, and general managers.

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Sage ERP 100 MAS 90/200 2012 Year End Closing

  1. 1. SAGE 100(MAS 90/200)Year End Closing Requirements Image by Puzzler4879 on Flickr
  2. 2. Agenda• Introduction• Review Specific Module Requirements for Year End Close Processing • Completing operations • Year end closing steps• Year End Payroll update requirements• Questions and Answers Image by Caucas‘ on Flickr
  3. 3. Who Is The Attivo Group? Attivo Means Improving Profits BUSINESS MANAGEMENT SOFTWARE SPECIALISTS• Sage 100 Partner – Irvine, CA• 20+ years in business• Cloud hosting experts• Online backup and disaster recovery services• Specialty: Profit improvement through process assessment & system optimization• Support services
  4. 4. ATTIVO FULL VALUE SUPPORT APPLICATION & SERVER SUPPORT• Telephone, Email, Web Portal• Tech support plus day to day questions & advice ERP: Macola Distribution Pro• User Training, Custom Reporting Navigator Exact• Full system documentation CRM: Synergy• Quarterly billing – based on your budget• Rollover minutes
  5. 5. Completing Operations• Sales Order – Post Invoices & Credit Memos• AR – Complete sales transactions & cash receipts• PO–Complete Receipt of Good and Receipt of Invoice transactions.• Inventory – complete all movements
  6. 6. Completing Operations• Payroll – Complete the last payroll for the year• AP – Complete all invoices, invoice payment (checks) and postings.
  7. 7. Sequence of Period and Year End Closing Sales Purchase Order Order Inventory AR AP Payroll General Ledger
  8. 8. Sage 100 Makes it EasyAll period and year end processes are foundwithin the Period End Menu of the module.
  9. 9. Sales Order• Check the Sales Order options to ensure period and History Options are correct.• Perform the Period end process.
  10. 10. Sales Order Options – History Tab
  11. 11. S/O Year End Processing
  12. 12. Purchase Order• Check the Purchase Order options to ensure period and History Options are correct.• Perform the Period end process.
  13. 13. Purchase Order Options - Main
  14. 14. P/O Options - History
  15. 15. P/O Year End Processing
  16. 16. Inventory• Perform IM Year End Processing Accounts Receivable• Perform AR Year End Processing
  17. 17. Accounts Payable• Perform AP Year End Processing• 1099 Processing Considerations – 1099’s can be printed at any time by entering the year desired
  18. 18. Payroll• Copy Payroll Data to another (newly created) archive company.• Perform quarter and year end processing.• Perform W-2 Processing in backup company.
  19. 19. Payroll Company Backup
  20. 20. Payroll Year end Processing
  21. 21. General Ledger• Check the General Ledger options to ensure period and History Options are correct.• Perform the Year end process.
  22. 22. General Ledger Options - Main
  23. 23. General Ledger Options - Entry
  24. 24. G/L Year End Processing
  25. 25. Thanks for Listening!Any Questions? ¿tiene usted alguna pregunta Haben Sie irgendwelche Fagen? Nani ka shitsumon wa arimasu ka? Avete delle domande? All participants will receive a copy of this presentation via email. Please call us at 877-428-8486 for any additional help that you may need.