Dear
Do we run the Process Purchase Orders at Year End, BEFORE or AFTER the Year end closing process?
regards
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Hi Patrick,
Nice question. Not completely sure, but as it will close encumbrances in the old year and re-open them in the new accounting year, I assume you have to do this before creating the opening transactions.
This response may be a bit late, but this post may help. You also have to consider hoo to treat payment advances, partially invoiced and paid, how this affects budgets for POs approved in one year and received and invoiced in the next etc.
http://teachdynamicsax.blogspot.ae/2014/08/how-to-transfer-purchase-orders-to-new.html
(As a general comment the help available is often confusing because there is a general accounting concept of encumbrance, and the Ax specific functionality provided for the purpose in the Public Sector module, and thus there risk of is confusion over whether the term encumbrance, when used, refers to use of that feature, or whether to its generic meaning
Activating budget control in a production environment that already has open transactions, and closing year end budgets in a system with activated budget control are both rather grey areas where more help and training resources are needed.)
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