How to fix Sage 50 error “Problem Initializing the Year End Wizard”

problem initializing the year end wizard

Are you trying to run the year end wizard on your Sage 50 Accounting software but cannot start it? Are you frequently facing an error message that says “Problem Initializing the Year End Wizard”? Most of the times when we face this error message, we try to run data verification and/or clear the waiting on bills from vendor checkbox, but nothing solves our problem. But, worry not! In this article, we are providing you a simple and easy to follow solution that can instantly solve your problem.

Most of the times, this error occurs either due to network issue or because of damaged files in the company data set directory and you need to fix these issues to resolve the problem.  Let’s take a look at the resolution steps one by one.

Steps to fix Sage 50 “Problem Initializing the Year End Wizard” error message

Step 1

  1. In Sage 50, go to Maintain and click on Company Information.
  2. Now make a note of the Directory and close Sage 50.
  3. Using Windows Explorer, browse to the location of your company directory.
  4. Rename all the below mentioned files:
    • Rename EVNTCLS.DAT to OldEVNTCLS.DAT
    • Rename ALARM.DAT to OldALARM.DAT
    • Rename JRNCLS.DAT  to OldJRNCLS.DAT
    • Rename EVENTLOG.DAT  to OldEVENTLOG.DAT
    • Rename ALERT.DAT to OldALERT.DAT
    • Rename AUDITTR.DAT to OldAUDITTR.DAT
  5. Now open Sage 50 and go to your company.
  6. Create a new empty file for ALERT.DAT, ALARM.DAT, EVENTLOG.DAT and AUDITTR.DAT. For this, click on Yes when prompted.
  7. Now try to close your year-end wizard. If the error still persists, continue with Step 2.

Sage 50 Support

Step 2:

  1. Run Data Verification on your company.  For this,
  • Log onto Sage 50 as administrator and change your accounting period to period one.
  • Go to System navigation center and click the ‘Verify Data Now’ button.
  • A Data Verification Selected Tests window will appear. Here, select the ‘Both Tests’ option and click Start.
  • A backup window will appear. Ensure to backup all your data for safety.
  • Once the backup is complete, Sage 50 will begin verifying your database.
  • During the process, Sage 50 will search for reporting problems and data irregularities and will try to correct it. Depending on the size of your database, this process can take up to an hour or so.
  • Once the process is complete, Sage 50 will give you an account of errors it has repaired and will provides you with a View Error Log option for detailed information of errors that were corrected.
  • Once the verification process is complete, simply click the Close button to return to your company. Change the accounting period to your current accounting period.
  1. Try closing the year again to check if the error has been resolved. If the problem still persists, continue with Step 3.

Step 3:

  1. Run the chart of accounts synchronization test.  For this,
  1. Select Reindex Files
  2. From the Reindex File List, select Chart and click OK.
  3. Access the Integrity Check and click Continue.
  4. Again select Reindex Files
  5. From the Reindex File List, select Jrnl Header and click OK.
  6. Access the Integrity Check and click Continue.
  7. Once again select Reindex Files
  8. From the Reindex File List, now select Jrnl Rows and click OK.
  9. Access the Integrity Check and click Continue.
  10. Select Chart of Accounts/Journalbox under the Data Synchronization Tests section and click OK.
  11. Run the reports again to verify if the issue has been corrected. If not, proceed to the next step.
  12. Access the Integrity Check and click Continue.
  13. Select the G/L balancesbox and click OK.
  14. Access the Integrity Check and click Continue.
  15. Select Journal Balancesbox and click OK.
  16. Once the tests have finished, change your accounting period to your current accounting period.
  17. Check if your issue has been successfully resolved.

Sage Technical Support

This should solve your problem. However, if the error message still appears, you need advanced technical assistance. Dial our toll free number 1 844 871 6289 to get in touch with our Sage expert specialists who can perform various high-end troubleshooting steps to resolve your Sage error in the minimum downtime possible. The technicians at accountingadvice.co are available 24X7. 365 days a year and guarantee the efficient resolution of your error message at a much affordable cost. So, get in touch with us today to experience the best remote tech support session and get all your Sage related problems resolved within minutes. Call now!

Why accountingadvice.co?

With years of hands-on experience and affordable support sessions, accountingadvice.co is the leading third-party remote tech support provider for Sage 50 Accounting software. We have a fleet of certified technicians who are ready to assist you round the clock so that you never have to face a bad day at work. They are fully equipped and competent enough to troubleshoot even the most complex tech problems and ensure first call resolution of all issues. They provide industry-wide flexible solutions that are quick to implement, easy to understand, and cost effective. Not only can they help you install, update, upgrade, and troubleshoot errors with your Sage 50 Accounting software, they can also help you optimize the performance of your computer for best results. All you need to do is to call us at our Sage support number 1 844 871 6289 and our friendly technicians can fix all your tech issues at the comfort of your home or office. We stand ready at all times to provide you the best and professional tech support in a timely manner.

Leave a Reply

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

Report Your Issue

(Didn't find what you were looking for! Report your issue and get customized help from our Sage experts.)



Sage Version

Edition Year

No of User: Licence

Operating System:

Help Needed: