| Year-end Process (tfbgc3170m000) |  |
| Use this session to transfer the budget amounts, balance types and the respective transactions to a new budget in the budget year. Related topics Year end process
Fields | Description
Budget Year | The budget year.
Budget Year | The budget year corresponds to the year defined in the General ledger module.
Budget | The budget code.
Description | The description or name of the code.
Sequence | The sequence number.
Description | The description or name of the code.
Close Year | Select an option to close the previous budget year This field can have the following values: No: The budget for the year remains active. Close - Provisional: Closes the budget provisionally and does not allow any user other than the budget controller, to use the budget data. Close - Final: Closes the budget finally, so that no one can use the budget in that year.
Processed on | The date and time when the year-end process is executed.
Status | The status of the year-end process. This field can have the following values: Open Processed Canceled
Text | If this check box is selected, a text is present.
Carry Forward Available Budget Amounts | Select an option to specify the budget amounts to carry forward to the new budget. This field can have the following values: None: To carry forward none of the budget amounts All: To carry forward all the budget amounts. Only Positive Amounts: To carry forward only the available positive amounts. Only Negative Amounts: To carry forward only the negative amounts.
Budget Amounts Direct Release | If this check box is selected, the positive budget amounts are directly released to the budget account.
Budget Amounts Clear Budgets | If this check box is selected, the budget balance amount for a specific period is cleared with the carried forward amount when the amount is positive.
Commitments - Carry Forward Transactions | If this check box is selected, all the outstanding commitments are transferred to the next year.
Commitments - Carry Forward Budgets | If this check box is selected, the budget amounts associated with the commitment balance are transferred to the next year.
Commitments - Clear Balances | If this check box is selected, the commitment balances for the current year are cleared.
Commitments - Clear Budgets | If this check box is selected, the budget amount associated with the commitment balance in the current year is cleared.
Encumbrances - Carry Forward Transactions | If this check box is selected, all the outstanding encumbrances are transferred to the next year.
Encumbrances - Carry Forward Budgets | If this check box is selected, the budget amounts associated with the encumbrance balance are transferred to the next year.
Encumbrances - Clear Balances | If this check box is selected, the encumbrance balances for the current year are cleared.
Encumbrances - Clear Budgets | If this check box is selected, the budget amount associated with the encumbrance balance in the current year is cleared.
Receipt Expenses - Carry Forward Transactions | If this check box is selected, all the outstanding receipt expenses are transferred to the next year.
Receipt Expenses - Carry Forward Budgets | If this check box is selected, the budget amounts associated with the receipt expense are transferred to the next year.
Receipt Expenses - Clear Balances | If this check box is selected, the receipt expense balances for the current year are cleared.
Receipt Expenses - Clear Budgets | If this check box is selected, the budget amount associated with the receipt expense balance in the current year is cleared.
Update Mode | Select an option to run the year-end process either in simulate or update mode. This field can have the following values: Simulate: Runs the year-end process in simulate mode. This only prints the new budget result and carried forward transactions. Update: Runs the year-end process in update mode. This updates the budget with the new budget and the carried forward transactions.
Processed by | The user who processes the year-end process.
Created by | The user who creates the year-end process.
Created on | The date and time on which the year-process is performed.
Text | If this check box is selected, a text is present.