8.9.9 Rollover/Transfer Year End Balances (08890m)

This application transfers all balances on the Balance Sheet (No allocation lettered accounts)

The closing account balance is placed in a open order in the new financial year.

A journal is then processed for opening value of the order with the opposite vale being posted to allocation 0999 on prior overheads. The transaction is closed the first day of the new year.

This program will only work on a completed year when the P&L balance is zero.

Muli no longer transfers Accounts Receivable transactions forward to new overheads - as AR invoice are credited to the overhead. The cash receipt is applied to the overhead prior overhead project - unless receipt = previous AR invoice, the prior year do not balance off.

The roll over process may be run many times as it will only process changes some previous roll over.