Closing Account Assignments Wizard - Assign Closing Account Panel

Access this panel using Maintain>Closing Account Assignments> Wizard.

Use this panel to specify the Fund and GL accounts that you are assigning a close account.

Note: All revenue and expenditure accounts must have a closing account assignment before you perform an annual close. It is highly recommend that you have a closing account assignment for interfund transfer accounts.

 

Fund: Enter a valid Fund (if one of your segments was designated as Fund), or select one from the drop-down list. In response, the system displays the fund's account title to the right.

GL Available Items, Selected Items: Select at least one GL account for which a closing account will be assigned. Use the Mover ( > ) to move the accounts from the Available Items box to the Selected Items box. The Selected Items box displays the accounts that will be assigned.

Use Reports>Lists>Closing Account Assignments to print the data entered on this wizard.