How to Perform Period End Processing in Sage 100 Inventory Management

Effective inventory management is a cornerstone of operational success. Sage 100, renowned for its robust functionality, plays a pivotal role in this arena. This article delves into the how-to of conducting period-end procedures within the Sage 100 Inventory Management module, a vital aspect of maintaining financial and operational integrity.

The period-end process in Sage 100 Inventory Management is more than just a routine task; it's a strategic activity that ensures accuracy and consistency in your financial reporting. By regularly closing periods, businesses can achieve a clear and precise understanding of inventory levels, cost of goods sold, and overall financial health. This process aids in identifying discrepancies early, allowing for prompt corrective actions, thus maintaining the reliability of inventory records.

Stay tuned as we the steps necessary for Sage 100 Inventory Management period-end:

1. Ensure that all data entry tasks that update to Inventory Management are updated:

• S/O Invoice Data Entry

• S/O Shipping Data Entry

• P/O Receipt of Goods Entry

• P/O Receipt of Invoice Entry

• I/M Transaction Entry

2. Ensure that all data files are backed up [optional] and that no users are logged on to the affected company.

3. Expand Modules, Inventory Management, and Period End. Double-click Period End Processing.

4. When the prompt to print period end reports appears, print all relevant reports before proceeding with the period-end close. [Optional]

5. After the reports are printed and verified, click Proceed dialog box.

Should you have any questions about module closing in Sage 100 or need other support with managing your Sage 100, we at Ardent Consulting are at your service. Our team of experts is ready and eager to help you navigate your system challenges and optimize your business's potential. We prioritize your business’s health and are committed to supporting your journey every step of the way.