Soft Close Funds

Once the purchase orders are soft closed, funds will be available to be soft closed. Before soft closing funds, be sure that all journals for the year you will be soft closing have been posted for the fund you want to soft close. Go to Financial Management > Journals > Journals to verify that the journals are posted.

Financial Management > Year-End Processing > Soft Close Funds

Once the purchase orders are soft closed, funds will be available to be soft closed.

From the List work flow page in the Select Funds for Soft Close process, select the check box next to each fund you wish to soft close. If you are soft closing all of the funds in the list, click the check box in the column header.
Click Submit. This will put a in the Selected column so the user can see which funds will be soft closed.
Use the workflow buttons to validate, run an edit and error listing, and post the selected funds. Common validation errors arise from purchase orders being either not completed or not closed for the fund being soft closed. Make sure there are no open purchase orders in the fund for the fiscal year being soft closed. There should also be no purchase orders in the edit process.