Overview
Allows users to find all unpaid debt from the prior fiscal year and move it to the current fiscal year to be paid. This process is executable only once per year.
Navigation
General Ledger ► Closing Accounting Year ► Floating Debt Recognition
Floating Debt Recognition Screen Field
| Fields | Description |
| Fiscal Year | System provides a list of Fiscal Years in descendant order (current fiscal year on top). Users select from which fiscal year process needs to work on. If users do not select fiscal year, system shows a message 'Please select fiscal year to process'. |
Overview
This feature shows the Redistribution Of General Ledger Opening Balances.
Navigation
General Ledger ► Closing Accounting Year ► Redistribution GL Opening Balance
Redistribution GL Opening Balance Screen Fields
| Fields | Description |
| Prior Fiscal Year | Allows user to select fiscal year from drop down list. |
| Currency | Show only active currencies. |
| Workflow Status | Calculated read only field. Depending on the workflow configuration setting, the basic Stages are: Created, Approval Requested, Approved, Cancelled, Finalized. |
| Origin | Close Domain: possible values are MANUAL, DATA IMPORT |
| Coding Block | Financial coding block from COA set for budget execution or accounting Level. Full coding block is required. |
| Sub Ledger Type | If coding block has a subledger type associated in the subledger, system sets this attribute with that Subledger Type, users cannot change it. |
| Sub Ledger Institution Code | Allows users to select Sub Ledger Institution Code from the look up functionality. |
| Current Domestic Closing Balance | This field is read only and the value comes from reading the corresponding GL |
| Current Foreign Closing Balance | This field is read only and the value comes from reading the corresponding GL |
| Total Redistributed Amount Dc | This field is read only and updated only by the move of the opening blances process |
| Total Redistributed Amount Fc | This field is read only and updated only by the move of the opening blances process |
| Redistribution GL Opening Balance Details | Collection of 1 or more details which are include to redistribute the Opening Balance |
Overview
This tab is the Collection of 1 to N fields which will be include to redistribute the Opening Balance.
Redistribution Of General Ledger Opening Balances Detail Screen Fields
| Fields | Description |
| Coding Block | Financial coding block where COA budget execution = true or Accounting Level = True. Full line of coding is required. |
| Sub Ledger Type | If Coding Block has a Subledger Type associated in the Subledger Entity, the system will set this attribute with that Subledger Type, and the user cannot be change it. |
| Sub Ledger Institution Code | Allow user to select Sub Ledger Institution Code from look up button. |
| Redistributed Percentage | User can enter Decimal value. |
| Current Domestic Redistributed Balance | Calculated field. |
| Current Foreign Redistributed Balance | Calculated field. |
| Redistributed Amount Dc | This field is read only and updated only by the move of the opening blances process |
| Redistributed Amount Fc | This field is read only and updated only by the move of the opening blances process |
Overview
This process is used to close all the revenues and expenditures accounts, and obtain the result of the fiscal year from the accounting point of view.
Navigation
General Ledger ► Closing Accounting Year ► Settlement and Closing of Revenues and Expenditures
Settlement and Closing of Revenues and Expenditures Screen Field
| Fields | Description |
| Fiscal Year | Shows a list with all the Fiscal Year with Open status. |