Financial Year End

Sage Evolution Financial Year End

Sage Evolution ERP is continually being updated to ensure more user friendly features are made available. Such as Financial Year End. Version 7 contains updates inspired by suggestions from existing users as well as updates in security and functionality.

The latest new feature is that Sage Evolution version 7 caters for unlimited financial periods so running a first year purge is no longer a requirement after five financial years.

Setup of Financial Year End

Financial Year End

Click Image To View


Prior to version 7, Sage Evolution retained transaction history for five financial years and a first year purge had to be performed to create the new financial year. Doesn’t the above seem better already?

In Sage Evolution version 7 however, financial years can be added to allow processing without running a purge after 5 years.

On Accounting Periods under Company Details there’s now an option to ‘Add Financial Year’. Once this Option to ‘Add Financial Year’ is selected, a new financial year will be added incrementing the periods from the last financial year.

Should you have any queries please comment below.  I will be happy to do upgrades and training if required. Why not consider an Upgrade now too.

Violet Van Niekerk


About the Author

Garth Kahn – who has written posts on End 2 End Business Solutions.

3 replies
  1. Violet
    Violet says:

    This problem was logged as a defect by Sage (defect reference number EQ18328) and was fixed on version 7.00.210.

  2. Robert
    Robert says:

    May i also add, we already added the 6th Financial Year successfully – the only issue is to have the 6th Financial year show on our Transaction History – view under sales/Purchase


  3. Robert
    Robert says:

    Hi We’ve crossed over to our 6th Financial Year on the first of this Month (Yesterday) – Followed every instruction to purge Financial Year 1, Did Inventory Transaction Purge, AR & AP Purge –

    We went thorugh Purge only because we are not able to view the 6th Financial Year on our Transaction History – sales/Purchase view –
    We hoped that purging Year1 might solve the issue and swift the year down to show our new current year, however it does not, after purging Year 1 , we are not allowed to delete it, i am not sure if this is a bug or something else. We have gone through every setting we can possible come across to try solve this but so far unable to.

    Really hoping someone out there have a solution to this.




Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *