How to enter journals in prior years

• How to hit prior year 2 or before now they are closed?

• What journals can be posted to prior year 1?

• Posting to prior closed years

• Data Entry

• Audit

• Journals

• Prior year

• LY1

• LY2

Prior year 1

• EERP does allow posting to Prior year 1 for Actuals and Budget. 

Prior year 2 and before

• EERP does not allow posting to prior year 2 or before

• EERP is not designed to allow this functionality

• Review EERP > Financials > General Ledger Menu > Set up chart of accounts > General ledger Settings, Current year information

Posting journals to prior year must have the appropriate GL Permissions

Example: Current year 2023, Next Year 2024, Prior Year (1) 2022, Prior Years (2 and before) 2021-1980

• • Budget, post to prior year periods 1-12

  • Actuals, post to prior year period 13

  • Encumbrances, prior year journals are not allowed by site, contact support for assistance