QUESTION:
The Year-End Checklist Item #7 - "There are transfer records on the ledger that should be converted to debit/credit memos." is still showing as outstanding." Why?
RESPONSE:
Research Transfers are they occurring between regular school fund categories and categories that are flagged as "do not include", "board funds", "cash box", or "YrEnd Outstanding".
The Year End Rollover process will not allow transfers to happen between the different umbrella types due to the fact that certain funds are not reported on in the year end reports.
It may be necessary to consult with the District Administrator for assistance.
PROCESS:
From Main Menu > Ledger Inquire
1. Select Search tab
2. Select Transaction Type of Transfer
3. Select Perform Search button
4. Check the Transfers that are occurring between regular school fund categories and categories that are flagged as "do not include", "board funds", "cash box", or "YrEnd Outstanding".
5. You may need to manually modify the transaction type to either a debit or credit memo.
Once the final reconciliation is completed for the fiscal year, select the refresh icon which will remove the #7 "X" and replace with a green checkmark.
