[IUG] Fiscal close method 2

["Barbara Storch" <StorchB at wpbpl dot com>]

Message: 10
Date: Wed, 18 Jul 2007 10:27:11 -0400
From: "Barbara Storch" <StorchB at wpbpl dot com>
Subject: [IUG] RE: INNOPAC Digest, Vol 43, Issue 32
To: <innopac at innopacusers dot org>
Message-ID:
	
<5D067D9892BB1642ADE7F3A3DCFF0B3C9244F0 at Lib-Exchange2k3 dot wpbpl dot com>
Content-Type: text/plain;charset="us-ascii"

Corey,

I apologize for omitting the subject in my previous posting.

I am assuming we would want to use Fiscal Close method 2, as we
will have some outstanding orders from the current Fiscal Year (07) that
we will be receiving next Fiscal Year (08).  I'm assuming we will be
able to choose to pay for an order either out of the FY 07 fund or the
FY 08 fund, depending on whether there is still an open P.O. for FY 07.

When we do the Fiscal Close with method, are all the existing funds
copied for the new fiscal year?  I'm assuming we won't have to manually
reenter the fund codes, but in reading the documentation, I wasn't sure.

Thanks for your help.

Barbara J. Storch
West Palm Beach Public Library
100 Clematis Street
West Palm Beach, FL 33401
Telephone 561-868-7721
Fax 561-868-7706
E-mail: storchb at mycitylibrary dot org