Sage Peachtree won’t permit you to leave open more than two fiscal years at a time. Once you’ve reached the last accounting period of your second fiscal year, you must close out the first fiscal year using the Year-End Wizard. Before you close out the year in Peachtree Accounting, however, confirm the accuracy of your transactions and make any necessary changes, log out any other users from the system and print out important reports or forms. Writer Bio
