CLOSE INVENTORY FISCAL YEAR

Use this screen to update the inventory year-to-date usage and past year-usage quantities in the Inventory table. No report will be generated.

Run this process after entering inventory transactions for a fiscal year. It is not necessary for the inventory transactions to have been posted.

Select Fiscal Year

This group box contains the Fiscal Year and fiscal year Ending Date fields for the fiscal year being closed.

Fiscal Year

Enter, or select from the drop-down box, the fiscal year to be closed.

Ending Date

The non-editable ending date of the fiscal year selected will display.

Close the inventory fiscal year and update usage quantities

Use this button on the toolbar to execute this application.

Table Information

The information that is entered in this screen and saved as a parameter is stored in the FUNC_PARM_CATLG table. This screen also relies on the settings in the INVT_SETTINGS table. Information is also stored in and/or pulled from the following tables: ACCTING_PD, FUNC_PARM_CATLG, FY, INVT, INVT_TRN, INVT_TRN_LN.

This application utilizes the following worktables when processing data: Z_INPFY_WRK1, Z_INPFY_WRK2.