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It is not necessary to close a fiscal year before opening the next period. However, if you prefer to close a period after you have completed processing and balanced for the year, you can do so. A pop-up window will be displayed confirming that you want to close the fiscal year. Click 'Yes' to continue to close. When closing the year, it will automatically generate an Inventory Fiscal Year End Report Bundle (INV-159 scheduled for production version).Inventory Report Bundles are currently not available when closing a fiscal year (JIRA #INV-159). FYE Reports will need to be generated manually.
NOTE: We have temporarily disabled the ability to re-open a fiscal year that has been closed in Inventory.
Making a Fiscal Year Current
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