Fund out of balance (Checkout error)
If you receive a Checkout error indicating that you have funds that are out of balance, follow these steps to correct this issue:
1. In the General Ledger, go to Journals > Create Allocations.
2. Verify the Period is set to the proper month.
3. Click GO.
If you receive a message that allocations are required for prior periods, click Yes.
Rerun Checkout to make sure this resolved the issue.
Ending balance does not match beginning balance (Checkout error)
If you receive a Checkout error indicating that the ending balance for an account does not match its beginning balance, follow these steps to correct this issue: 1. Open General Ledger > Organization > Recompute Beginning Balances. 2. Click GO. ...
Formatted account number is not correct (Checkout error)
If you receive a Checkout error indicating that a formatted account number is not correct for account number, follow these steps to correct this issue: 1. Open General Ledger > Organization > Recalculate. 2. Check the Reformat account ...
Why don’t I see period zero (00/YY) in Checkout?
If you are completing your year-end steps for General Ledger, one of the steps is to run Checkout for period zero. There are times when you cannot see period zero and you are only seeing periods from the prior fiscal year. This is because your ...
How do I set up a closing account for a fund?
Each fund needs a closing account (i.e. fund balance or retained earnings) to close out its revenues and expenditures. You an specify which account is the closing account for a fund by following these steps: 1. Open Connect General Ledger > ...
New Fund Setup - Copy Account Ranges
To create a new fund you may want to consider copying the account numbers from a current fund to a new fund number. Find a fund that best matches the numbering of the new fund. In the sample fund 365 is used as a template for fund 366. Copy account ...