Start New Year Procedures

Use this option to reset the checkboxes in the Fiscal Year End Processing center and prevent immediate access to the center's Update Ledgers and Post Ledgers options.

As you complete the options in the center, the system places selections in their checkboxes. Since some options can be run as many times as needed, a selected box indicates that you used the corresponding option at least once. However, before allowing users back into the system, make sure that all of the boxes are selected.

Menu Path:  Fund Accounting > Periodic Routines > Year-End > Year End > click Start New Year Procedures.

Caution

Do not run the Start New Year Procedures option more than once.

Beginning the new year

1. Select Fund Accounting > Periodic Routines > Year-End > Year End to display the Fiscal Year End Processing center.
2. Click Start New Year Procedures.
3. Click Yes to clear the center's checkboxes. This also prevents you from accessing the Update Ledgers and Post Ledgers options.
   • After you run the Create New Year Ledgers option, you can access the Update Ledgers option.
   • After you run the Update Ledgers option, you can access the Post Ledgers option.