Journals were not created during year end close

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

MUN-264815 CFWD BUAs at year-end will be created based on a site's carry-forward method.

A new GL setting has been added to control creation of carry-forward BUAs as well as reclassification of encumbrances at end of year.
The GL setting defaults for all budget carry forward methods except GAAP/Budgetary Combined, which allows the site to choose.

Create Carry Forward BUA at End of Year

Directs the program to create carry forward budget amendment (BUA) journals at the end of the year, when selected. The value of the Budget Carry Forward Method list controls access to this check box:

If the value of the list is 1 - GAAP or 4 - Transfer, this box is automatically selected and you cannot update it.
If the value of the list is 2 - Budgetary, this box is cleared and you cannot update it.
If the value of the list is 3 - GAAP/Budgetary Combined, the box is selected if a carry forward BUA for encumbrances exists for the current year, but the box is accessible for updating.

Resolution

Manual Journals will need to be made if the client wants to have journals that Reclassify the encumbrance amounts even though there are no Carryforward Budget Amounts created since the new Create Carry Forward BUA was unchecked when the Year end process was completed.

Going forward, if they would like to have the Carryforward BUA which will also ensure that the Reclassify Encumbrance Journals are created, please check off the 'Create Carryforward BUA at end of year' in GL Settings.

Additional Information

Journals were not created during year end close

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