Run your first year-end

Steps

1. Open Year-end. Step 1 Close the year shows pre-checks: last reconciliation passed, no old suspense, all loans classified.
2. When every check passes, select Close year and confirm it’s you.
3. In 2 Appropriations, check each statutory fund in the order your bye-laws set, then send for approval.
4. Continue to 3 Declare, 4 Approve and 5 Pay (see the next article).

What happens next

Closing marks the year closed: nothing can be posted with a value date in that year afterwards. Nothing is distributable until appropriations are approved.