Reset Fiscal Expended Amounts - Instructions
Use the Reset Fiscal Expended Amounts routine to reset the Fiscal Expend YTD amounts and/or Fiscal Expend Last Year amounts for all Vendor Masters by accumulating payment amounts by vendor in the Expense Distribution file.
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When to run: |
ANYTIME, also after Fiscal Year is closed |
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Conditions: |
No AP payment posting, no Vendor Master access |
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Files Affected: |
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Fields Affected: |
Fiscal Expend YTD and/or Fiscal Expend Last Year |
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Location: |
Utilities · Resets · Reset Fiscal Expended Amounts |
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Note: |
Your system must be set up for a PRIOR Year company in order to update the Fiscal Expend Last Year amount. If you do not have a Prior Year set up, do not run this routine using Prior as an option. |
You can choose to run this routine for the following options:
Current - All payments in the current year Expense Distribution file are accumulated and sorted by vendor number, even if invoice and/or payment dates are not for the current year. The Fiscal Expend YTD amount is updated.
Prior - Same explanation as above, except all payments in the prior year Expense Distribution file are accumulated. The Fiscal Expend Last Year amount is updated.
Both - Both Current and Prior functions are performed.