How to close a project

How do we close a project?

Project Master

Project is no longer needed

Follow the steps below to close a project.

Munis > Financials > General Ledger > Setup Chart of Accounts > Project Master

1. Search for the desired project

2. Close Project

3. Define

4. Select fields as desired

   1. Close project strings with the current project will update project string status to closed on associated strings.

   2. Close GL accounts with the current project will update the status to closed for any GL accounts tied to this project

   3. Remove remaining budget from project strings will create a project budget adjustment to zero the available budget on associated project strings

   4. Flag project for creation of a capital asset record indicates that the project will create a capital asset record upon closure

5. Accept

6. Process

7. Additional prompts will appear depending on selections made