Resolve Sage 50 Pervasive Invalid Date Error
Sage 50 Pervasive Invalid Date Error happens when you try to change the fiscal year dates. The error message you get is “Error: Invalid date. The Fiscal End date must be later or equal than the Session date.” So to get it fixed you need to follow the process given below by the support team to fix it by your own.
We have been informed by many of our regular readers that they have faced the Sage 50 Pervasive Invalid Date Error frequently of late and are looking for easy solutions. We know, it can be quite annoying to encounter such errors while being in the middle of something important. This is why we are suggesting some easy remedies to resolve this issue once and for all. If you are also troubled by this error message, this blog can be of great help. Please go through it till the very end
Before jumping to the troubleshooting part, let’s start with the basics first..
What is the Sage 50 Pervasive Invalid Date Error?
Users often experience the Sage 50 Pervasive Invalid Date Error while trying to change the fiscal year dates. Please note that Sage 50 does not allow selecting a Fiscal End date before the Session/Latest Transaction date, even if the transaction(s) has been voided. The error message pops up as “Error: Invalid date. The Fiscal End date must be later or equal than the Session date.”
Read Also-: Stop or Start the Pervasive Service in Sage 50
Causes of Sage 50 Pervasive Invalid Date Error
- The transaction posted of previous date than the fiscal end date.
- Try to change the fiscal year date.
How to Resolve the Sage 50 Pervasive Invalid Date Error?
Different solutions to this issue may exist. Here, we are listing a few of these –
Total Time: 30 minutes
Step 1: Restore a Backup
🔹 Restore the last backup made before the transactions posting date after the Fiscal End date you prefer
🔹 Now alter the Fiscal End date as per your requirement
🔹 Enter all the transactions again ( those made after the scheduled backup)
Step 2: Advance the Fiscal Year- Create a Fiscal Year of more than 12 Months
🔹 Print a Trial Balance or an income statement for Dec 31st
🔹 Post a Manual Journal entry on 1st Jan to clear the expense and revenue accounts to retained earnings
🔹 In case there were any transactions dated 1st Jan, you will need to change the date to Jan 2 instead. This way, an income statement for January will be made from January 2 to31st.
🔹 This is done not to include the huge YE manual closed on 1st January, which would throw off the January income statement. Moreover, the income statement for the year would not include January 1st.
Step 3: Differ Changing the Fiscal End Date this Fiscal Year
🔹 Ask your accountant to delay or avoid the fiscal year end date only for this fiscal year
🔹 If you get a go ahead, you can change the Fiscal End date in the next fiscal year as well
Step 4: Create a New Company File
🔹 Open the Sage 50 software
🔹 Next, create a new company file
🔹 Now enter the opening balance of a specific date
These are the Steps you Need to follow to Change Fiscal Year in your Sage 50
- In this, you need to open the settings
- Then select the option named Fiscal year
- Right-click on the option and then select the change option
- When it asks you to create the backup and verify data then click on the yes button
- Also click on the yes option when it asks you for nominal past data
- Do fix the fiscal year start month & year that is required and the press OK button
- You need to check press the yes tab and then click on the OK button 2 times when pops-up.
We hope the troubleshooting steps mentioned above would help you a great deal to fix the Sage 50 Pervasive Invalid Date Error on your Computer. If you are still not able to get rid of this issue, or, if you experience any difficulties in carrying out the above-mentioned steps, we would recommend you to speak to the experts 1800 964 3096.
Accounting Professionals & Specialized Experts
Want quick help from accounting software experts? Get in touch with our team members who can install, configure and configure your software for you. Proficient in fixing technical issues, they can help you quickly get back to work whenever you encounter an error in Sage software. Our team is available 24/7 365 days to assist you. To get in touch.
How can I Reinstall the Pervasive Engine?
Please follow the steps below-
🔹 Open the Sage installation folder on the path- C:>Sage >Sage 100 20XX
🔹 Browse to the folder named Pervasive Min
🔹 Run the MSI
🔹 Click Next
🔹 Accept the license agreement
🔹 Click Next
🔹 Click on Run as a Service
🔹 Click Next
🔹 Click on Complete
🔹 Click Next to proceed
🔹 Click the Install tab to initiate the installation
🔹 Wait till the installation is complete
🔹 Click Finish
🔹 Now try to install the software
How to Change the Fiscal Year in Sage 50
Please follow the steps below-
🔹 Launch the Sage 50 application
🔹 Click to open the settings
🔹 Choose the option labeled Fiscal year
🔹 Right-click on it and then click on the change option
🔹 You will receive a prompt, asking if you want to create a backup and verify the data
🔹 Click on the yes button to continue
another prompt will appear, asking you for nominal past data
🔹 Click on the yes option again
🔹 When it asks ‘Do you want to fix the start month & year?’ , press the OK button
🔹 Finally, you need to press the yes tab and click the OK button twice, when prompted.
How to Download the Sage 50 Database Repair Utility?
You can download the latest version of the Database Repair Utility by following the steps mentioned below-
🔹 Go to Start
🔹 Click on the All Programs tab
🔹 Click to select the Sage 50 accounting version you are using
🔹 Navigate to Sage 50 resources & help section
🔹 Now click on Technical Support Utilities
🔹 Click on the Sage 50 Database Repair Utility to initiate the download
🔹 Follow the instructions appearing on your screen
🔹 Wait till the download gets completed
Sage 50 Credit control is used to monitor customer’s accounts so that they can stay motivated to pa...
Unable to assign new periods while completing the year end wizard? Are you facing an error message ...
Sage 300 Mac is a powerful business management software that helps you streamline your operations a...
Activating your Sage 50 soon after the installation is an important activity. It makes sure that yo...