 THE
AUTO BUDGET OPTION IN THE GENERAL LEDGER
As clients prepare their
system for Year End Processing, we find many questions come up regarding how the next
year's current budget is created. If you use budgets, it is very important to understand
the process prior to closing out the year in the General Ledger Module.
Under General Ledger/Setup/General Ledger
Options, you will find the Auto Budget Option on the Main Screen. This option is used to
create the next year's current budget during year end processing. Listed below are your
options:
 | None: Use this option if you do not
want to create next year's budget at year end. |
| Current Budget: This option will copy this
year's current budget to next year's current budget. Next year's current budget amounts will be overwritten if a current budget
was created for a future fiscal period. |
| Revised Budget: Select Revised Budget to
create next year's budget based on the revised budget. |
| Budget 3: This option copies the
user-defined budget 3 for next year's budget. |
| Actual: Use Actual to copy the actual
postings for next year's budget. |
| Zero Budget: This option creates next
year's budget with zero dollar amounts. |
It is very important to understand these options prior to
using them. Always remember to perform a full backup of your MAS90 data prior to executing
the Year End Processing in any module.
Additional Year End Tips can be found on the latest
Technical Reference and Support Guide CD from State of the Art which ships with your MAS
90 software.
*NOTE: These instructions presume that
you have a working knowledge of MAS90 and a clear understanding of the period end process.
Accuvar assumes no responsibility for any data loss or downtime caused by performing the
Year End Processing. |
