Fiscal Year (FSYR)

Fiscal Year (FSYR) defines which accounting and budget fiscal years are valid in your system. Usually, this includes the prior, current, and next fiscal years. Update the information in this window once a year, before budget transactions for a new fiscal year are entered in the system. Budget documents are rejected if the new budget fiscal year is not defined in this window.


Fiscal Year	Key field. Enter the last two digits of the applicable fiscal year.
Name	Optional. Enter the four digits of the year (for example, 1984).
Fiscal Year/ End Date	Required. Enter the last calendar date ( mm dd yy ) of the fiscal year.
Number of Periods	Required. Enter a number from 01 to 99 indicating the number of accounting periods in the fiscal year.
Closed Year Indicator	Default is blank [blank] . Leave this field blank in order for the annual closing program to change this field to Y when the year is closed. You cannot enter documents for closed years. The year can be closed manually.
Budget Approved Indicator	Optional. Enter Y when the budget is officially approved for this fiscal year. Otherwise, leave blank. Once the indicator is set, all subsequent budgetary documents affect only the current modified budget amount and do not change the approved budget amount.