This process summarizes transaction data for a fiscal year in order to optimize report processing speed. 'Optimize' does not delete transaction detail; it adds a summarized transaction set for the fiscal year. Fiscal years should not be optimized until at least two years after their end date. Optimizing a fiscal year will perform a soft close.

 

     


     

    Note: If you later add new transactions for the fiscal year, all transactions for that year will be returned to their 'un-optimized' state. You will need to optimize the year again to improve report processing speed.

    • In Configuration, click Fiscal Years
       
    • Click Optimize Fiscal Years on the task bar
       
    • On the Optimize Fiscal Years screen, select the years to optimize
       
    • Click OK

    For more information, refer to What is the difference between soft closing and hard closing a fiscal year?