Add Fund and Unchecking Standard option causes the fund to be added with a first Period of 0

Funds were not closed out during Year end close process.

• General Ledger
• Chart Manager
• Fund
• Year End Close
• Control Accounts

• MUN-381889 has been created to address the issue so that MUNIS will require all fields to be completed when adding a Fund and unclicking Standard.
• Please contact MUNIS General Ledger Support for Assistance

Manual Journals will need to be entered to Close out and Carryforward the appropriate Control and normal Balance sheet accounts. All journal corrections should be tested and completed in a refreshed Training or Test environment before making any updates in Live. Steps may include:

1. Update the Closing Balance Setting on the affected accounts from "Zero" to "Carry" in Account Master
2. Enter Gen Journal entry to Prior year period 13 to zero out these accounts
3. Update the Closing Balance Setting on the affected accounts from "Carry" back to "Zero" and add the Reference Accounts