Year-End Processes 

Four year-end processes allow users to properly 'close' a fiscal year:

These processes generate pending ledger entries which are then fed to the GL batch cycle. These year-end processes are run in sequence over the course of three cycles. Subsequent cycles depend on the successful completion of the preceding cycles.

Description: Year End Cycles


Closing Encumbrances

Reversions and Carry Forwards

Closing Nominal Activity

Beginning Balances

Batch Assurance Reports

General Ledger Automated Balancing

Scheduling Year-End BatchJobs