There are no specific year-end close procedures in Sage Fixed Assets-Depreciation. The System will automatically roll over to a new year based on the Fiscal Year End. You can check this information in the Edit Company screen. See the Sage Fixed Assets Year-End Center for more information on year-end processes.

 

Suggestions:

1. Create a backup for each company. See How to back up a company.
   • Optional: Copy the company to a different database. See How to copy a company.
2. Manually purge history to improve performance (if needed). See How to purge history in a company.
3. Follow How to copy a company at Year End to make a copy into a separate database. This allows quick and easy reporting and verification purposes.
4. Make a period close following How to do a Period Close at year end. This isn’t necessary to calculate into the next year.