FreeBalance Accountability Suite
Recherche
User login
English
Français
монгол
Português
EspañolYear End Rollover
Wed, 2019-05-22 04:05 — asen
Overview
In the Human Capital, most information can be shared across multiple fiscal years. Since some of the information is fiscal year-dependent, it needs to be carried over from one year to another. The Year End Rollover process is designed to handle this process, which is explained below.
The year-end rollover process is usually executed at the end of the fiscal year. In some organizations changes to the financial coding block (FCB), the chart of accounts or the accounting practices often coincide with the beginning of the new fiscal year.
Note: This document is intended for system administrators and experienced users who are required to perform a fiscal year transition or FCB updates.
Navigation
Human Capital ► Budgeting and Forecasting ► Support Entities ► Year End Rollover
Year End Rollover screen field
| Fields | Description |
| Actual number of days for the new year | Used to the number of working days for the new year. Example 262 (for year 2019). This information will be used to compute time-related cost items. Typically, the entry is 260, 261 or 262 days. |