Carrying Encumbrances Forward at Year-End

• At the end of my fiscal year I have several encumbrances that should carry forward; how can I accomplish this?

At the end of my fiscal year I have several encumbrances that should carry forward; how can I accomplish this?

Using the Transactions>Encumbrances>Auto-Close Encumbrances form, liquidate the remaining encumbrance with the effective date of the last day of the fiscal year, and then enter the remaining encumbrance amount with the first day of the new fiscal year as the effective date.