In the run up to Year End, we'll be sharing our weekly tips on various tasks and checks that you can perform now to get ahead of the game and minimise the workload during audit season ✨

First up, a quick check that will take no more than 5 minutes!

🔢 Prior Year AGAR Figures

Now is a great time to ensure your prior year AGAR figures are appearing in the left hand column of your 24/25 Annual Return, and that Box 7 of the prior year matches Box 1 of the current year.

✅ Check

• Go to Year End → Annual Return.
• Are your prior year AGAR figures appearing in the left hand column?
• Does Box 7 of last year match Box 1 of this year?

If the answer is "no" to either of these questions, follow the steps below.

For existing Scribe users:

Make sure you have closed the previous year's accounts and copied the annual returns data to the next financial year. In the previous financial year go to Year End → Close Accounts, ensure all boxes are ticked and 'Confirm'.

If your Box 7 still does not match your Box 1, you can check the opening balances for the current year under Setup → Bank Balances. The figures here should be your "cashbook" balances (i.e. bank balance as at 31st March, less unpresented payments, plus unpresented receipts). If these are incorrect, you can copy forward your cashbook balances in the current year via Setup → Bring Forward Balances.

If it's your first year in Scribe:

You will need to enter your 23/24 AGAR figures under Setup → Restate Last Year.

For those working in Income & Expenditure, don't forget to run 'Calculate', which is the first menu option under Year End. This step is crucial to ensure all Year End reports within the I&E menu are using the latest figures.

Watch the tutorial on this check 👇