The Post Revenue & Expense and Roll Beginning Balances forward can be performed as many times as needed.  In fact, you will likely perform them at least twice - once to preliminarily complete the year end processes and start the new year's financial statements and secondly to enter the audit and later adjustments.

To perform the Year-End Process, complete the following steps after making a division backup:

  1. Post Revenue & Expense balances to Fund Balance account while logged in under the last day of your fiscal year that is to be closed.
  2. Roll Beginning Balances while logged in under the last day of your fiscal year to be closed after creating a new date table for the upcoming fiscal year.