Create a New Company - Accounting Periods (Custom Setup)

A starting date need to be established for setting up your company.

Start Create a New Company, and make sure the Accounting periods that do not match the calendar months setup option is selected.
Accept the default, or select the number of accounting periods in your fiscal year from the list. You can have up to 13 periods in a single fiscal year.

Note: If you are creating a consolidated company, this field will be disabled (gray) and will display the number of periods in the consolidated company's fiscal year.

Enter the first day of your first fiscal year, or click the calendar button to select a date.

Usually, a company's fiscal year starts in January and ends in December. However, some companies start their fiscal year in July and end in June.

Note: If you are creating a consolidated company, this field will be disabled (gray) and will display the start date of the consolidated company's fiscal calendar.

To continue setting up your company, select the Next button. Sage 50 displays the Create a new Company - Finish window.

Tip: The table on the right displays the start and end dates for each accounting period in your first two fiscal years. You can type or select dates in each of these fields, if necessary, to further customize your setup.

Create a New Company - Accounting Periods (Custom Setup)

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