MAS 90/200 Year End Tips
Closing Sage MAS 90 and 200 Modules in the Appropriate Order: The processing order insures that an application that writes to another application is processed first. Perform a full company backup before closing because year end processing can be reversed only by restoring a backup file. Modules are to be closed in the following order: Bill of Materials, Work Order Processing, Bar Code, Purchase Order Processing, Sales Order Processing, Inventory Management, Material Requirements Planning, Timecard, Magnetic Media, Payroll, Accounts Receivable, Accounts Payable, Job Cost, and then General Ledger. For details, see What is the order of closing modules.
Tax Table Updates: IRS mandated changes are included in the tax table updates posted on Sage Software Online. Process the last Payroll before installing the update. For more information, see How to download and install tax table updates (TTUs).
Printing W-2s: W-2s must be printed before quarterly and year end processing. If not, create a copy of the company, and then print W-2s from the copied company. For more information, see How to print W-2s.
Ordering Forms: To order forms, contact Sage Customer Service by calling 800-538-5514 or go to the Sage Forms Division Web site.
Physical Inventory Counts: First address the negative tiers for LIFO and FIFO items, then print the Physical Count Worksheet and freeze the on hand quantities. After the inventory is counted, enter the counts in Physical Count Entry, and review the variance report before updating the physical count data to General Ledger. For details, see How to process a Physical Count.
As always, if you need help or want more information about this process, please call 760-722-6839 or visit http://tinyurl.com/ybg6fy2 and enter "MAS Year END" in the Additional Comments box and we will contact you.