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Custom year end dates? 5th April

Posted By IOMaccountant over 5 years ago

Hi all,

Could someone please confirm whether it is possible to create custom year-end dates in Sage 50 (i.e. year ended 5th April etc.)? I have only used calendar month ends for the 10+ years I have used Sage, but surely there must be a way to change this ...

Many thanks

Mike

0 Richard Lebus over 5 years ago

Hi IOM

No, you can’t create custom year-end dates in Sage. See https://www.accountingweb.co.uk/any-answers/is-there-a-period-13-in-sage-line-50 for a similar (but not identical) discussion.

Richard
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0 IOMaccountant over 5 years ago in reply to Richard Lebus

Hi Richard.

Thanks for confirming, much appreciated.

Mike
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0 Ken Fillmore 2 7 months ago

HMRC "Many sole traders choose between 31 March to 5 April for their year end, as the tax year finishes on 5 April and HMRC says that accounts prepared to 31 March will count as being prepared to the end of the tax year."

There is absolutely no requirement for a 5th April Year End. 31st March is just as good
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Sage 50 Accounts

Custom year end dates? 5th April

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