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Canuck54

Why run a Year End

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I want to run the year end function but I keep asking why. Business vision has all this blank space on the right hand part of my screen when I'm in the General Ledger and the right third of the page is totally useless in my sales report. I keep thinking Sage must designed it that way so I could have 2 years of past history to compare to when I looking at my G/L or my Unit Sales Report (although the Unit Sales Report would be a lot more useful with a YTD total) If I don't do a Year End this year and start using that right hand column as this year, what happens at the end of 2015 when I run Year  End for 2014? Will Business Vision recognize that I want run the Year End for 2014 or will it try to do it for 2015?

Is there some other reason to not start using the right hand third of my G/L screen and Unit Sales Reports?

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    For tax purposes you need to run the year end. It zeros out the expence accounts and places your current year's earnings into retained earnings. Your income accounts will start over again as well.

    This software has changed hands over the years so design is not all Sage, however no major changes will be coming as the programming will not be rewritten with a more modern format as I was told.

    You can however resize the windows for the modules so you can see several at once. As for the reports you could always try customizing them.

    Here's a link a question I asked regarding an email Sage sent out to BV customers you may find interesting.

    sagecity.na.sage.com/.../81042.aspx

  • 0 in reply to GUSB

    Thanks for your response. As of today I haven't run the year end function yet, but my expense and income accounts seem to have started 2015 at zero. The retained earnings haven't changed so I'm not sure what the program has done with that at this point.

    I've played with customizing reports but I haven't had any luck with that and I end up saying a bunch of bad words. It gets especially frustrating because the program use to have a sales report that was perfect for my needs as compared to the current format which is totally useless.

    Also, thank you for the link. I think I will probably take Sage's advice and start looking at other software for my accounting needs. As a supplier, one of the problems I have noticed with telling your customers to look at alternatives is that they frequently do, especially the competition's.

*Community Hub is the new name for Sage City