Plus Community - for users of ACCPAC & Adagio accounting software

Welcome to the PlusCommunity forums! PlusCommunity is a gathering place for companies running Simply Accounting, ACCPAC Plus, Sage Accpac ERP (ACCPAC Advantage/ACCPAC for Windows), and Adagio Accounting.
New visitors, please click here!

You are not logged in. [Log In] PlusCommunity.com - Where the ACCPAC® community meets! » Forums
Register User       Forum List       Calendar       FAQ
Page 1 of 1 1
Topic Options
#54731 - 04/22/21 04:10 AM Sage 300 to tackle IFRS 17
Seisa Tjela
Member


Registered: 03/21/05
Posts: 641
Loc: Lesotho; Southern Africa 		A client presently using Sage 300 is going to be affected by a new IFRS 17 standard which replaces IFRS4. In order to test the effects of the new IFRS 17 they need to maintain multiple General Ledgers as follows:

a. To continue to run the IFRS 4 general ledger in parallel for some time while implementing IFRS 17. Then would need to switch over.
b. IFRS 17 general ledger which will not be initially live will be needed until we decide to go live.
c. Complexity of different year ends would need to be considered. December year ends would have two ledgers a June one and a December one.

Since Sage 300 does not support multiple GLs, what workaround can one use in order to meet this requirement?
_________________________
Rgds,
SeisaT

"The greatest test of courage on earth is to bear defeat without losing heart."

Top
#54732 - 04/22/21 04:12 AM Re: Sage 300 to tackle IFRS 17 [Re: Seisa Tjela]
Jay Converse Administrator
 Member


Registered: 07/31/00
Posts: 7792
Loc: Location, Location 		GL Consolidations module
_________________________
Jay Converse
Sage 300 Whisperer

Top
#54788 - 05/20/21 11:36 PM Re: Sage 300 to tackle IFRS 17 [Re: Seisa Tjela]
Denise16
Member


Registered: 05/18/21
Posts: 2
Loc: France 		Hello,
If my memory serves me right, the company I am currently working for has already used at least 4 types of accounting software before settling on Sage accounting online. I think it is the best choice. As the Community Manager of this company, I have been working with the accountants. With this software, the services they are asked to provide have become very fast and satisfactory despite the size of the tasks and movements.Our activity consists of satisfying different types of clients, most of whom are in the field of bodybuilding. In order to satisfy your curiosity about the details of our specialties, you will learn more on musclopedia.

Edited by Denise16 (05/20/21 11:37 PM)
Top
#55180 - 04/24/22 07:00 AM Re: Sage 300 to tackle IFRS 17 [Re: Denise16]
idasanka
Member


Registered: 04/24/22
Posts: 116
Loc: us 		What a great idea! my friend told me they had a very memorable stay here. https://customclosetsdesignoklahomacity.com
Top
#55181 - 04/24/22 07:00 AM Re: Sage 300 to tackle IFRS 17 [Re: Denise16]
idasanka
Member


Registered: 04/24/22
Posts: 116
Loc: us 		You make so many great points here that I read your article a couple of times. Your views are in accordance with my own for the most part. This is great content for your readers. https://customclosetsdesignkansascity.com
Top
#55202 - 05/26/22 07:13 AM Re: Sage 300 to tackle IFRS 17 [Re: idasanka]
anthonyscotte23
Member


Registered: 05/25/22
Posts: 2
Loc: Kansas, USA 		Thanks a bunch for sharing this with all of us you actually realize what you’re speaking about! tree prunning sunderland
_________________________
anthonyscotte23

Top
#55207 - 06/09/22 03:28 PM Re: Sage 300 to tackle IFRS 17 [Re: anthonyscotte23]
Alfred Savage
Member


Registered: 09/02/21
Posts: 9
Loc: USA 		This site is very useful. Visit Treeremovalsavannahgeorgia.com
Top
#55221 - 06/17/22 10:37 PM Re: Sage 300 to tackle IFRS 17 [Re: Seisa Tjela]
SamuelT1
Member


Registered: 06/17/22
Posts: 4
Loc: philippines 		Thank you for this thread, I just learned something from this thread. Thank you from http://www.cleancarpetdover.com

Edited by SamuelT1 (06/17/22 10:39 PM)
Top
#55226 - 06/22/22 08:44 PM Re: Sage 300 to tackle IFRS 17 [Re: SamuelT1]
Gojo
Member


Registered: 05/11/22
Posts: 7
Loc: USA 		Thank you for starting this topic; I learned something from it. Thank you so much from Killeen.
Top
#55227 - 06/22/22 09:36 PM Re: Sage 300 to tackle IFRS 17 [Re: Seisa Tjela]
SamuelT1
Member


Registered: 06/17/22
Posts: 4
Loc: philippines 		Hi! Seisa, thank you for creating this thread. I was also having the same trouble and I hope you have the solution already.
Greetings from all of us at Carpet cleaning contractors Dover DE
Top
Page 1 of 1 1


Moderator:  Jay Converse 
Hop to:
Privacy statement · My Cookies · Mark all read Powered by UBB.threads™ Contact Us · PlusCommunity.com - Where the ACCPAC® community meets! · Top