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How many years can be open at one time

How many years can be open at one time

Owned by Knowledge Assistant
Last updated: Jan 25, 2023
1 min read



Description of Issue

How many years can be open at one time?



Context

  • General Ledger

  • Year end close

  • Open year




Cause




Resolution

MUNIS allows 3 years to be open at one time. However, this functionality does have some stipulations. 

  1. Prior year - only period 13 is open for auditing entries while any Budget adjustments would be posted to Prior year Periods 1-12.

  2. Current year - normal processing

  3. Next year - normal processing



Additional Information

The sites current year can be reviewed and verified in MUNIS > General Ledger Menu > Set up chart of accounts > General Ledger Settings