Fix Sage 50 Error Problem Initializing Year End Wizard

Sage 50 is accounting software and basically used by small and medium industries. While working with Sage 50 there are some instances when your software can be crash due to any technical reason. One of the technical errors is the Sage 50 error problem initializing the year-end wizard. When you are trying to run the Year-end wizard sometimes it gives the below error.

Causes for Sage 50 Error Problem initializing year-end wizard

The causes that belong to these errors are mentioned below.

  1. Sage 50 Network Issue
  2. Sage 50 Damaged files in company data set directory

Solutions for Sage 50 Error Problem Initializing Year End Wizard

Step 1: Rename Windows Directory

πŸ”· Select Maintain, Copy Information.
πŸ”· Make note of the directory
πŸ”· Close the Sage 50
πŸ”· Using Windows Explorer search your company directory
πŸ”· Rename the following files
πŸ’  EVNTCLS.DAT to OldEVNTCLS.DAT
πŸ’  JRNCLS.DAT to OldJRNCLS.DAT
πŸ’  ALARM.DAT to OldALARM.DAT
πŸ’  EVENTLOG.DAT to OldEVENTLOG.DAT
πŸ’  AUDITTR.DAT to OldAUDITTR.DAT
πŸ”· Open Sage 50 and open your company
πŸ”· Click yes and create a new file for ALARM.DAT, ALERT.DAT, EVENTLOG.DAT and AUDITTR.DAT
πŸ”· Close your year
πŸ”· If it is not closed successfully go to next section

Step 2: Run Data Verification

πŸ”· Run data verification on your company
πŸ”· Before running the test, change the accounting period to period one.
πŸ”· Highlight the first Accounting Period on the list
πŸ”· Click OK.
πŸ”· Go to file>>Data verification
πŸ”· Select the option Both tests box
πŸ”· Click on start
πŸ”· You will be asked to make a backup your Sage 50 data
πŸ”· Once data is backed up click on Save
πŸ”· Data verification test begins automatically once the backup is complete
πŸ”· Click Close
πŸ”· If any error comes, you can check the details of the tests by clicking on View Error Log button
πŸ”· Change back to your current accounting period.
πŸ”· Try to close the year again, if not closed properly go to the next section.

Step 3: Run Data Synchronization Test

πŸ”· Change your accounting period to Period 1.
πŸ”· Go to Help>>Support Utilities and select an Integrity check.
πŸ”· Click Backup
πŸ”· Give a name to your backup
πŸ”· Choose the location where you want to save it and click on save
πŸ”· Click OK to get the size of the backup
πŸ”· Select Re-index files box
πŸ”· From Re-index file list select Chart and click on ok
πŸ”· Once the test is completed go to Help>>support Utilities and Integrity check
πŸ”· Select continue, Re-index file box, from the Re-index files, list select Jrnl header
πŸ”· Click on OK
πŸ”· Once the test is completed select Help>>support utilities>>Integrity check
πŸ”· Select Continue, Re-index Files box, from the Re-index files list select Jrnl Rows, click on ok
πŸ”· When the test is completed select Help>>Support Utilities and Integrity check
πŸ”· Select continue>>Chart of Accounts/Journal box under the Data Synchronization Test section
πŸ”· Click on OK
πŸ”· Select Help>>Support Utilities>>Integrity check
πŸ”· Select continue>>Journal Balances box and click ok
πŸ”· Go to Help>>Support Utilities and Integrity check
πŸ”· Select continue, select G/L Balances box and click on OK
πŸ”· Once the tests are finished change back to your current accounting period.
πŸ”· Check if your issues have been solved or not
πŸ”· If the year-end close is still unsuccessful you need to get in touch with an IT professional

How to get in touch with us

For more information on how to solve this issue, you can call our Sage 50 support phone number and our team will be there to help you. Our team is professional and experienced enough to resolve your all technical problems with data safety and backup. You can also do a Sage 50 live chat on our website or email us at support@accountingguide.co and our team will be there to support you.

Phone

+1516-461-3216

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