Easy PC Accounts does not have a complex year end procedure. There are some simple tasks you should take to ensure that the data for the financial year is accurate.
Firstly, you should carry out bank reconciliations to 31 March for all the accounts. Once you have done that, you should use the Consolidated Reconciliation feature under the Year End menu to reconcile all bank accounts. This document should be published on your website, along with the other audit information.
Once you are happy that you have entered all the relevant transactions and the bank accounts agree with your accounting records, you should use the Annual Return menu under the Year End menu to generate the figures for Section 2 of the AGAR. This will generate a report of all the figures that need to be copied into the AGAR form and also, if this is the second or subsequent year of using Easy PC Accounts for your Council, it will show the variances between the current year’s figures and those for the previous year; these are needed because part of the requirements for external audit is that you provide explanations for variances that are larger than a specified amount.
To start a new year, all you need to do is use the Change financial year feature in the Administration menu. This will mean that you can start entering transactions for the new year and those for the previous year will be unaffected.