RDA Systems Inc

What This Report Does

• This report will copy the ending balances from the selected fiscal year to the project's beginning balance.

Best Practices

• This report should only be run ONE TIME for the ending fiscal year.
• If it is run more than once, the beginning balance will have another ending balance amount added on top of the balance that was copied the first time it was run.

Close Project Ending Balances

1. Finance → Financial Management → Maintenance → Financial Years/Current Year → Year End → Close Project Ending Balances
2. Choose the fiscal year where the ending balances will be copied (ex. Choosing 2013 would indicate that 2012 ending balances will be copied to 2013 beginning balances)
3. Range accordingly if necessary.
4. Click Select.
5. The Close Project Balances Report will appear. It will show what the beginning balance was for the fiscal year ending, the year-to-date revenues and expenditures and the ending balance that will be copied to the next fiscal year.
6. Review the report for accuracy. If correct, click Cancel and set your flags. If not correct, click Cancel and click Cancel again.