Knowledgebase: Inventory
End of Fiscal Year Procedures
Posted by Mike Goodmansen, Last modified by Sean W on 22 December 2017 06:25 PM

At the end of your fiscal year it is a very good idea to make a special archive backup of your POSitive installation folder and SQL database.

One reason for making an archive backup is to be able to determine stock counts and the value of your inventory at the end of your fiscal year. POSitive is a real time software program, which means that changes to your inventory stock counts are on-going. Without an archive backup it is difficult to calculate stock counts on a specific day in the past.



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Instructions on how to properly archive POSitive can be found by downloading the PDF file below:

Download:  End of Fiscal Year Procedures



!!! IMPORTANT NOTE !!!
When you are ready to use the archived information for reference purposes, this data MUST be restored into a special company set so that it does not overwrite your LIVE data. Please consult with your POSitive reseller, IT person or POSitive Support technician to learn more.

If you are unsure about how to safely backup and restore your database, click the link below or contact your POSitive reseller, IT person or a POSitive support technician.

How to Back Up Your SQL Database knowledgebase article:
Read: http://kb.gopositive.com/backupsqldatabase

How to create a manual backup for POSitive products knowledgebase article:
Watch: http://youtube.gopositive.com/backupsqldatabase





Updated 12/19/2017