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Training Tidbit: I got a message stating the Fiscal Year has not been started; what should I do?

If you are creating a batch using a processing month in the next fiscal year and your funds are not setup to automatically start the new fiscal year, you will receive a message stating “Fiscal Year for mm/yyyy has not been started. Do you want to start it now?”.  If you get this prompt, click YES and then complete the Start New Fiscal Year option (see below); you will then be able to enter the processing month for the next fiscal year for the batch.

Starting the New Fiscal Year:

  1. After clicking YES on the prompt noted above, the Start New Fiscal Year screen will display listing all active funds.
  2. Select the funds for which to start the new fiscal year by clicking the box for the Selected column to the left of each desired fund.  A checkmark will appear in the box if the fund is selected.
  3. For each fund that will be started for the new fiscal year, verify the fiscal year beginning and ending dates are correct in the New Fiscal Year Begin and New Fiscal Year End columns.  If a change needs to be made to the ending date, click the cursor in the New Fiscal Year End field for that fund and then key the correct date over the existing date.
  4. Click the Execute button.