As organizations close the books on another year, year-end planning becomes more than a financial task. It is a strategic opportunity to assess whether your business technology strategy is truly supporting growth, efficiency, and long-term resilience. With a full year of financial and operational data available, leaders can make clearer, more confident decisions about their technology investments. 

Year-end closing is one of the most important financial processes Canadian businesses handle each year. It’s your opportunity to finalize your books, correct errors, comply with CRA guidelines, and prepare your organisation for a fresh start in the new fiscal period. But without a structured checklist, the year-end rush can quickly lead to mistakes, compliance risks, or delays in reporting.

This blog provides a practical, step-by-step Sage year-end closing checklist that ensures accuracy, compliance, and efficiency. Whether you're a CFO, controller, bookkeeper, or finance manager, this is your roadmap to a clean and well-prepared year-end close.

As we approach 2026, businesses are bracing for another year of economic volatility and uncertainty. Rising inflation, ongoing supply chain disruptions, talent shortages, and fluctuating interest rates continue to create an environment where uncertainty is the norm—not the exception. In this kind of landscape, relying on traditional forecasting methods is no longer enough. Organizations need a more dynamic way to prepare for what’s ahead through scenario planning for businesses. 

This is where scenario-based planning techniques become essential. By exploring multiple “what-if” situations, organizations can identify potential risks and make confident data-driven decisions before experiencing disruptions. Instead of reacting to change, scenario planning empowers leaders to proactively shape their strategy, protect cash flow, and strengthen overall business resilience strategies and business continuity planning. 

At BAASS Business Solutions, we support organizations in building this level of preparedness through advanced financial modeling, predictive analytics for business, and integrated tools like Sage ERP financial planning and cash flow forecasting tools. In this blog, we’ll explore how businesses gain the visibility and strategic insight needed to navigate uncertainty and turn 2026 into a year of agility, stability, and opportunity.