Holding Current Year Open flag functionality
- Knowledge Assistant
Owned by Knowledge Assistant
Description of Issue
- What does the Holding current year open setting do?
- What are the implications of turning it on?
Context
Year End
Cause
Functionality question
Resolution
- Holding current year open setting allows users to roll contracts into the new year
- Without the setting, the Roll to NYÂ option will not be available in Modify Contracts
- Allows liquidations to process in Next Year
Additional Information
Related:
- Unable to create AP Invoice batch in period 13 after closing fiscal year
- Unable to post Change Capitalization transactions to period 13 when holding current year open is enabled
- When should the Holding current year open option be checked off?
- Error in Modify Invoices - Next Year Changes Not Allowed on Invoices Against Non-Next Year PO's While Holding Current Year Open