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Sage Fixed Assets
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Sage Fixed Assets

Welcome to the Sage Fixed Assets Support Group on Community Hub! Available 24/7, the Forums are a great place to ask and answer product questions, as well as share tips and tricks with Sage peers, partners, and pros.
Sage Fixed Assets Year-end Center Step 6: Set Period Close
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  • -Sage Fixed Assets Year-end Center
    • -Critical tasks: Starting or Ending the Year
      • Step 1: Verify Fiscal Year End
      • Step 2: Midquarter Applicability
      • Step 3: Run Depreciation to Year End
      • Step 4: Run 4562 and Verify Numbers
      • Step 5: Backup Company
      • Step 6: Set Period Close
      • Step 7: Export Reports to File
      • Step 8: Copy the Company
    • Installation
    • Depreciation
    • Reports and Tax Forms
    • Year-end activities
    • Training: Sage University
  • External Resources

Step 6: Set Period Close

Optional: The Period Close feature allows you to store current depreciation values. The Period Close isn’t required to roll into the new year. A Period Close prevents depreciation calculations before the period close date. If you need reports from a date before a Period Close, you’ll need to clear the period close.

For assistance with this process, see:

How to do a Period Close

 

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