ACFR - Munis Fiscal Year close and ACFR

Owned by Knowledge Assistant
Last updated: Nov 10, 2022
Description of Issue

Does ACFR require that Munis Fiscal Year be closed before it can be used?

Context
  • Annual Consolidated Financial Report (ACFR) formerly CAFR
  • Hosted Services Solution
  • Close Fiscal Year
Cause

Most sites work in next year Munis and export current unclosed year for ACFR

Resolution

Munis can only export Last Year 1 and Current Year financial data for ACFR export/import

Additional Information

How to verify if the year has been closed in MUNIS

Closing Current CAFR Fiscal Year & Opening New CAFR Fiscal Year