Sage 50 + 2009 Year End

[red_slr]

Random question, can you extend your year end by 6 months?
Our accountant has asked us to change our year end from June to December to make admin easier and align our systems which all currently run Jan - Dec.
We have extended our FY now and we are just doing our year end to 31st Dec 2014 and just wanted to check...

Our current year end is fixed to end June.
If we run this year end and then once that's done don't post any new transactions and go into year end and change the date to 31st Dec 2014 and re run another year end is that ok?

Accounts software is not my speciality!

Edited by red_slr on Tuesday 17th February 14:38

[red_slr]

Anyone?

[zedstar]

thats fine

[red_slr]

Once we run the July 14 - Dec 14 year end I presume we can then change the year end date to Dec 15 and then carry on as normal?

[zedstar]

You can, then give the accountant both the files for each end and they should be able to make the accounts no problem.

Assuming its a Ltd co don't forget to update the HMRC for the change in accounting date