Creating New Posting Periods for the New Year and other Year End Processes with SAP Business One
The end of the year is a time to plan and prepare for the next financial year as well as closing the year that is ending. With the understanding that each business is unique, we’ve gathered in this article some resources (webinars and how to guides as well as checklists) that could help you with procedures that are typically performed to close out the year and start the new year with the right foot.
Creating New Posting Periods for 2022
As the end of the year approaches you need to create new posting periods in your system, in order to have transactions within the new fiscal year. In this guide you’ll find the steps to create your new posting periods for 2022.
Other Year-End related procedures
Period and Year End Task Checklists (PDF)
End of Year Processes in SAP Business One (30’ VIDEO)
How to Perform Year-End Closing in SAP Business One (PDF)
Physical Inventory Counting (24’ VIDEO)
How to Change Fixed Assets Fiscal Year (PDF)
Webinar>1099 and 1096 Reports in SAP Business One (50’ VIDEO)
