Closing Current CAFR Fiscal Year & Opening New CAFR Fiscal Year

Closing CAFR Fiscal Year & Opening New CAFR Fiscal Year

• CAFR
• Fiscal Year Close/Open

• Site has completed all work in CAFR for the Fiscal Year and ready for the next
• Site purged all CAFR information from current year and set year back to prior year
• Site purged wrong CAFR prior year and restore from backup is not an option

1. Log into CAFR as a CAFR admin level user
2. Select CAFR Statement Builder
3. Select Year End Closing
4. Choose Set Balance Sheet Beginning Balance to Zero option
5. Select Close Year
6. Select YES on the Perform year end closing for XXXX
7. The process takes several minutes to complete.  Do not cancel or interrupt the process once started.
8. Select OK to continue.  Year is now closed in CAFR and Year advanced to the new Year.

• How to work in closed CAFR Fiscal Year

• Purge CAFR Fiscal Year

• Export Munis for CAFR

• CAFR Import
• CAFR Upgrades