We understand you're unlikely to be ready to run your year end straight away. That's why in Sage 50 Accounts you can post into your new financial year before you run the Year End option.

This means you can keep up to date with things like current invoices, bank reconciliation and even month ends in your new year, while you finalise your year end accounts. Let's take a look at how it works.

Post in the new year

When you post a transaction into your new year, a message advises that the date is outside the current financial year. This is for information only. If you've entered the correct transaction date, to post the transaction, simply click OK or Yes.

If you prefer, you can pause this message to prevent it from appearing for every transaction you enter. Use our handy Year end warning: 'Date entered is outside current financial year' guide to do this.

When you run your year end, the year end postings don't affect anything you've posted in your new financial year. Find out more in our handy guide on How to complete a financial year end.

Report on the new year

To run management reports such as the Profit and Loss or Balance Sheet for your new year before running the year end, you can do this using the Transactional management reports.

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