Update Future Years Accounts Tool Does not Move Payable Amounts from Future To Current

When running the Update Future Years Accounts tool the Grants Payable - Future Years amounts do not get moved to Grants Payable. This occurs in fiscal year General Ledger and does not appear to occur in a calendar year General Ledger.
We are currently evaluating this issue for a fix in a future release or patch.

 

Steps to Duplicate

1. Go to the General Ledger module
2. Go to Reports\Trial Balance
3. Run the report to see the break down by fund for Grants Payable and Grants Payable - Future Years
4 Now go to the Accounts Payable module
5. Go to File Maintenance\Update Future Years Accounts
6. Select Date Future Years Start as the first day for the new fiscal year that is the next year after the one currently in
7. Select the Update Payable Accounts and Update Expense Accounts check boxes and click Ok
8. See the message window appear that states that all tasks are complete
9. Now run the Trial Balance again and note that the Grants Payable and Grants Payable - Future Years amounts have not changed.


 

Environment

 FIMS
 14.31

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