Fiscal Year End and AP entry

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ahurd
Trainee

Fiscal Year End and AP entry

Can AP for period 1 of year 19 be entered prior to posting the 2018/19 budget and rolling over the fiscal year?  

1 Reply
Community Moderator skovacs
Community Moderator

Re: Fiscal Year End and AP entry

@ahurd

 

Thank you for your post.

 

Fiscal year 2019 needs to be opened prior to posting accounts payable entries.  The budget does not have to rolled over as long as you are aware that there will be no checking of available budget.  When the budgets are rolled over the account balances will be adjusted accordingly.

 

Susan Kovacs

PowerSchool Community Moderator