Description of Issue
- During the year end close process, a journal did not generate to book the open encumbrances against the reserve for encumbrances.
- Reclassify journals are not being made during year end close
Context
- Year End Close
- Encumbrances
- Reclassify
- Missing journals
Cause
Financials > General Ledger Menu > Set Up/Chart of Accounts > General Ledger Settings > 'Create Carryforward BUA at end of year' is not checked
Resolution
Work ticket MUN-412305 RECLASSIFY Journals are not being made during YEC when GL Setting 'Create Carryforward BUA at end of year' if not checked has been created to address the issue
Manual Journals will need to be made to correct the control accounts
Additional Information
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