Sage Study Hall: Getting Ready for Year-End with Sage 50 U.S. Edition
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1 Sage Study Hall: Getting Ready for Year-End with Sage 50 U.S. Edition
2 Getting Ready for Year-End with Sage 50 U.S. Edition In today s presentation, we will review the following: Accessing the Sage 50 US Year-End Center Main areas of the Sage 50 US Year-End Center - Read - Learn - Inquire - Solve Where to locate important Affordable Care Act (ACA) information Year-end Wizard Accessing the Sage Knowledgebase & Important Year-End Articles 2017 Sage Software, Inc. All rights reserved. 11/20/2017 2
3 Accessing the Sage 50 U.S. Year-End Center Link: Clicking this link, will open the Sage 50 U.S. Year-End Center 2017 Sage Software, Inc. All rights reserved. 11/20/2017 3
4 Accessing the Sage 50 Us Year-End Center Link: Please keep in mind, the links to each area are the icons not the words! For example: In the Read section, the icon is the link, not the word Read Sage Software, Inc. All rights reserved. 11/20/2017 4
5 Areas of the Sage 50 US Year-End Center - READ The Read Section is your top resource for all of your Year-End needs Sage Software, Inc. All rights reserved. 11/20/2017 5
6 Areas of the Sage 50 US Year-End Center - LEARN In the Learn Section, you can find many how to video demonstrations, step-by-step check-lists, and Sage University courses related to the Year-End Process Sage Software, Inc. All rights reserved. 11/20/2017 6
7 Areas of the Sage 50 US Year-End Center - LEARN If you register for a Sage University Course by 1/31/2018, you will receive a 20% Discount!! Promo Code will be provided at the end of the presentation Sage Software, Inc. All rights reserved. 11/20/2017 7
8 Areas of the Sage 50 US Year-End Center - INQUIRE The Inquire Section gives you access to other areas of Sage City pertaining to Sage 50 US. All links in this section are Links for Sage 50 US only. To access other Sage products, please visit the main homepage 2017 Sage Software, Inc. All rights reserved. 11/20/2017 8
9 Areas of the Sage 50 US Year-End Center - SOLVE The Solve Section gives you access to our knowledgebase. Later in the presentation, we will provide year-end specific Knowledgebase articles Sage Software, Inc. All rights reserved. 11/20/2017 9
10 Where to locate important ACA information: Sage 50 U.S. Edition From the Year-End Center Read Section, click on Affordable Care Act (ACA) This will take your to our ACA page. From this page, you have access to all our ACA knowledgebase article links, and the ACA Resource Center Sage Software, Inc. All rights reserved. 11/20/
11 Where to locate important ACA information: ACA Resource Center 2017 Sage Software, Inc. All rights reserved. 11/20/
12 Year-End Wizard: Sage 50 U.S. Edition Next Steps: What is the Year-End Wizard? What to do before running Year-End Wizard Running the Year-End Wizard in Sage 50 Accounting U.S. Edition 2017 Sage Software, Inc. All rights reserved. 11/20/
13 What is the Year-End Wizard? The Sage 50 Year-End Wizard walks you through the process of closing out your first open fiscal year, payroll tax year, or both. Sage 50 allows you to keep two (2) years open at a time. If your current open years are 2016 & 2017, when you run the Year-End Wizard, it will close the year 2016, thus making your new open years 2017 & If your fiscal year matches a standard calendar year, you will close both your payroll year and fiscal year at the same time, because the payroll year is always a calendar year. If you have a unique fiscal year (e.g. October 1 September 30) you can close your payroll year and fiscal year separately Sage Software, Inc. All rights reserved. 11/20/
14 What to do before running the Year-End Wizard It s recommended that you run the Year-End Wizard during a time when no other users need to access Sage 50. The Year-End Wizard is a single-user process, and it can take several hours to complete. If you are in an multi user environment, run the Year-End wizard from your SERVER machine. Print any unprinted items such as invoices and checks Make sure there are no Purchase Invoices that are marked Waiting on Bill. The Year-End Wizard will not allow you to continue until you cancel the wizard and uncheck the Waiting on Bill box on your open Purchase Invoice. For instructions See Knowledgebase Article Sage Software, Inc. All rights reserved. 11/20/
15 Running the Year-End Wizard in Sage 50 Accounting U.S. Edition Now you re ready to run the Year-End Wizard!! Please click on Tasks > System > Year End Wizard 2016 Sage Software, Inc. All rights reserved. 11/20/
16 Running the Year-End Wizard in Sage 50 Accounting U.S. Edition This will open the Year-End Wizard, and you ll follow the prompts to close your Fiscal and/or Payroll Year 2017 Sage Software, Inc. All rights reserved. 11/20/
17 Visit our Sage Support Knowledgebase 2016 Sage Software, Inc. All rights reserved. 11/20/
18 Running the Year-End Wizard in Sage 50 Accounting U.S. Edition Article How to run the Year-End Wizard Article One or more purchases are waiting on a bill from this vendor Article What is the Internal Accounting Review? Article How do I archive my company? Article How do I load, access, and run Data Verification? Visit our Year-End Center: Sage 50 US Year-End Center: Sage 50 US Customer Support: Sage Software, Inc. All rights reserved. 11/20/
19 What s next? Continue your education! SageU.com has an extensive library of recorded learning topics as well as instructor-led classes check out these courses: 50US - Sage 50 U.S. Edition - Step by Step: Year-end Procedures 50US - Sage 50 U.S. Edition - Closing Your Fiscal and Payroll Years 50US - Sage 50/50c U.S. Edition - Affordable Care Act And, for a limited time, you can save 20%!* To take advantage of this offer, simply visit and use coupon code STUDYHALL2017! Hurry offer expires January 31, 2018! Visit call , or SageUniversity@sage.com today. v * Discount is for courses offered through sageu.com. Must register for classes by 1/31/2018. Cannot be used in conjunction with any other coupons, offers, or packages
20 20 Bookmark: Sage Year-end Center When it comes to closing the books, having information at your fingertips is key! Get help 24/7 from partners, peers, and product experts at the busiest time of the year. Bookmark the Sage Year-end Center exclusively in Sage City today!
21 Need training? Have questions? Want advice? Engage with Sage online! Join industry peers, certified partners, and Sage pros online today! U.S.: Canada:
22 Thank you 2017 The Sage Group plc or its licensors. Sage, Sage logos, Sage product and service names mentioned herein are the trademarks of The Sage Group plc or its licensors. All other trademarks are the property of their respective owners.
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