Month End Manager showing Unbalanced Funds in Period 13 after running Close Current Fiscal Year Program

Month End Manager showing Unbalanced Funds in Period 13 after running the Close Current Fiscal Year program

• Month End Manager
• Close Current Fiscal Year

Year End Close journals are created during Close Current Fiscal Year, amounts are not carried forward until Open New Fiscal Year program is run.

• The Open New Fiscal Year program needs to be processed and/or Output Posted.

Financials > General Ledger Menu > End of Period > Fiscal Year End Processing > Open New Fiscal Year

• When running the Close Current Fiscal Year, the system creates Year End Close (YEC) Journals to close out the balances in those funds. The Start of Year (SOY) entries are not created until the Open New Fiscal Year program is run. The full Year End Close process must be completed prior to checking the fund balances.

The correct Year End Close checklists can be found here: Tyler Community > Enterprise Financial Management > Wiki > Fiscal Year End Processing