How to do New Accounting Year without Year End in Sage UBS Accounting

This article is regarding How to do New Accounting Year without Year End in Sage UBS Accounting.

NOTE: Our system can only key in data up to 18 months.

But you may use the following method:

 

1. Do a backup and restore in new company.

a) How to do backup?

https://asia-kb.sage.com/portal/app/portlets/results/viewsolution.jsp?solutionid=201204183624377&page=1&position=2&q=How%20to%20back%20up%20the%20Company%20Database

b) How to do restore?

https://asia-kb.sage.com/portal/app/portlets/results/viewsolution.jsp?solutionid=201204183821367&page=1&position=1&q=restore

2. Do year end processing in the new created company

https://asia-kb.sage.com/portal/app/portlets/results/viewsolution.jsp?solutionid=201031204755760&page=1&position=1&q=year%20end

3. Go to Housekeeping > Administrative tools > Tools > set opening Balance to 0

4. Continue doing current year transaction.

5. Once auditing done, key in the opening balance for the current year and do adjustment for last year.