Treating Budgetary Accounts as Balance Sheet Accounts for Year-End Rollover

Posted on 23-Oct-08. Filed under: Funds Control, Year End | Tags: , |

In-case anyone might have missed it, Oracle has provided functionality to streamline the Federal year-end process a bit.  Oracle released patch 5200606 in June 2006 that allows for budgetary accounts to be automatically rolled over (just as asset & liability accounts have always been) as part of the year-end.  This mitigates the necessity of running [...]

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