Setting up the charities module
Description

We recommend you start using the charity option at the start of a new financial year. 

We recommend creating a new set of nominal codes and a new chart of accounts. 

If you need to remove your existing data, you must rebuild your data and enter opening balances for the start of the new financial year.

 

NOTE:

The Charities option is available in the Standard and Professional variants of Sage 50 Accounts. If you're using Sage 50 Accounts Essentials, and want to upgrade, leave your details and we'll be in touch.

Cause
Resolution

If you have existing data in your company. You need to rebuild your data before enabling the charity option. 

Prepare your data for a rebuild

Before rebuilding your data, follow these steps:

  1. Check your data.
  2. Take a backup.
  3. Run your financial year end
  4. Archive your data

Rebuild your data

  1. Go to File, then Maintenance, then Rebuild.
  2. Clear the Keep my Nominal Account records checkbox.
  3. From the Business Type area, select Charities or other non-profit making organisation.
  4. Press OK then Yes.
  5. Complete the Financial Year window as follows:
    Month Use the dropdown list to choose the month in which your financial year starts.
    Year Enter the year your financial year starts.
  6. Press OK then Yes.
  7. Press OK then Close.

Enable the charities option

  1. Go to Settings then Company Preferences.
  2. Select the Parameters tab.
  3. From the Others area, tick Enable Charity\Non-Profit options and press OK.

Edit the default SOFA categories

  1. Go to Settings then Nominal Defaults.
  2. Select the category you want to edit and select Edit.
  3. In the Name box, enter the required name.
  4. Press OK then OK.

Steps to duplicate
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