Description of Issue

Need to see if there is a way for the Encumbrance Rollover to include budget entries for Revenue accounts.

The encumbrances on my revenue accounts didn't roll forward.

Context

Year end
Encumbrances
Revenue
GL Settings
Update revenue accounts with encumbrance transactions
Carryforward budget

Cause

In MUNIS > Financials > General Ledger Menu > Set Up Chart of Accounts > General Ledger Settings, Update revenue accounts with encumbrance transactions is checked.

Although the Update revenue accounts with encumbrance transactions allows encumbrance journals to be posted on those accounts, during year end those encumbrances are not carried forward nor will a carryforward budget amendment be created.

Resolution

To properly carryforward the encumbrances on the Revenue account:

Completely liquidate or cancel the open Purchase orders that have revenue accounts on them
Close the year
Open the year
Reopen the Purchase orders that have revenue accounts on them which will re-encumber the accounts in the new year

Additional Information

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