Year end close FAQ
- Year end
- General Ledger
- Budget
- Carryforward
Can I post to last year?
Users can post to the prior year in any period they are granted GL permissions. The prior year would be defined at the Current Year in General Ledger Settings. Please refer to this article User was able to enter a transaction in a period prior to or beyond the default period for more information about posting to an prior year and GL permissions to override the accounting period.
If last year is closed and fiscal year end processing for the year has been completed, users may only post to period 13 of the prior closed year. Any effective date within the fiscal year is allowed for a period 13 journal. Please refer to this article Is period 13 for the prior year still open for an adjusting journal entry - Munis KCS Knowledge base - Tyler Confluence (tylertech.com) for more information about posting to period 13.
Do all users need to be out of Munis when running year end close?
Yes, all users should be out of the Munis environment you are closing when running fiscal year end processing. Please refer to this article Do All Users Need to be out of Munis when Running Year End Close
To limit Munis access turn on Maintenance Mode in Hub, Please refer to this article Limit access to Tyler Hub
Error Master is Complete – Please see article MASTER - Budget completion journal error Master is Complete
How do I create a backup of Munis for year end close?
Sites are advised to create system backups three times during the year end close and opening process. Please refer to this article Backup prior to processing year end for more information about when and how these backups can be completed.
How can I start creating next year purchase orders without affecting my coworkers year end close process?
This How to start creating next year purchase orders or requisitions without affecting YEC? will guide you through the settings and permissions that need to be reviewed and updated during this time when two years are active.
How do I create next year requisition and purchase order numbers?
This article will guide you through the setup of next year purchasing document numbers. How to create next year requisition and purchase order numbers
How do I update the current fiscal year if I do not use the Munis General Ledger module?
Please see this article When Not Using General Ledger - Need to Update the Current Year. Our General Ledger support team is happy to assist.
If we have billings for the prior fiscal year that need to be entered after the first day of the new fiscal year (ex: July 1st), are we able to adjust the effective date on the billing?
Users can post to a prior open year in any period they are granted GL permissions. A prior open year would be defined at the Current Year in General Ledger Settings. User was able to enter a transaction in a period prior to or beyond the default period
If last year is closed and fiscal year end processing for the year has been completed, users may only post to period 13 of the prior closed year. Any effective date within the fiscal year is allowed for a period 13 journal. Is period 13 for the prior year still open for an adjusting journal entry
My budget was posted, but after running year end close, it disappeared. How do I get it back?
Prior to closing a fiscal year, the budget is only soft posted, see this article regarding Post to Master for Reports Post to Master for Reports Functionality. Once the year is closed, you must hard post the budget using the Budget Completion Journal/Update program. Please refer to this article on the process How to post the Budget Completion Journal
Why can't I enter payments on the first day of the new fiscal year?
Charge codes are unique by fiscal year and must be created prior to taking payments in the new fiscal year. Steps to copy charge codes to the new fiscal year can be found in this article How to Copy Charge Codes to New Fiscal Year
Also see: Transactions are going pending after new fiscal year change
Why does Month End Manager show unbalanced funds in period 13 after running the close fiscal year end program?
Year-end close journals are created during the close current fiscal year process; amounts are not carried forward until the open new fiscal year program is run. This article provides more details Month End Manager showing Unbalanced Funds in Period 13 after running Close Current Fiscal Year Program on the process.
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