Determining if a budget was closed

SOLVED

Is there an easy way to determine if someone closed a budget period?

SAGE 500

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  • 0

    One follow up question from our accountants (I'm just a humble developer)

    to be clear the background is it appears someone inadvertently chose yes to the question 'do you want to copy' when they should have chosen 'no'.

    The team would like to know if there are any negative impact to changing the gloption for 'Year End Copy' from 'Copy Budget' to 'NONE' (other than the obvious having to remember to perform the 'Year End Copy' when it is supposed to be done.

    Thank you in advance

Reply
  • 0

    One follow up question from our accountants (I'm just a humble developer)

    to be clear the background is it appears someone inadvertently chose yes to the question 'do you want to copy' when they should have chosen 'no'.

    The team would like to know if there are any negative impact to changing the gloption for 'Year End Copy' from 'Copy Budget' to 'NONE' (other than the obvious having to remember to perform the 'Year End Copy' when it is supposed to be done.

    Thank you in advance

Children
  • 0 in reply to @Steve

    If you open GL Options, and go to that field 'Year End Copy', this is what it says "

    Year End Copy

    Specify a source for creating the new fiscal years default budget at year-end. The source can be none (no default budget will be created), actuals, or the budget you select in the Copy Budget field.

    Hope that helps.

    TonyD