1. General Accounting Implementation Guide
  2. Example: After Recalculating Fiscal Year and Period

Example: After Recalculating Fiscal Year and Period

After you run the Calculate Fiscal Year and Period program (R099103) to recalculate the fiscal year and period, you must run the Repost Account Ledger program to:

  • Update account balances with the posted amounts from the F0911 table.

  • Maintain an audit trail of account ledger transactions that transfer account balances to new periods or fiscal years.

If you purge the transaction detail for one or more years, the processing options enable you to specify the beginning balance forward for one fiscal year to be carried forward to the first fiscal year under the new date pattern.