Error: You cannot close fiscal year [ ] because there were errors found during the validation process when closing Fiscal Year in General Ledger

When closing a Fiscal Year in the General Ledger, the following error occurs: You cannot close fiscal year [ ] because there were errors found during the validation process. Do you want to preview the error report? The End of Year Error Report that is generated shows that Student Billing has un-posted transactions, although there is no Not Yet Posted activity showing to be posted in Student Billing.
 


Ensure that everything has posted from Student billing.

1. In Student Billing go to Administration
2. Click on post then new post parameter
3. Do not set any filters and then click validate.
4. The validation report will show you everything that needs to print.
5. Click post

Now you can close your fiscal year successfully.

If you still receive the error after going through the steps above, Contact Support and reference this article. 

Steps to Duplicate

  1. Create a Charge Query. Criteria: Transaction> Post status equals Not Yet Posted. 
  2. No results. 
  3. In General Ledger, Administration>Close years, attempt to close the year. 
  4. Receive error. 
  5. Create a Charge Query. 
  6. Criteria: Applied Credits>Application>Applied credit application post status [equals] Not Yet Posted. 
  7. OR Applied Payments> Application> Applied payment application post status [equals] Not Yet Posted. 
  8. Verify that there are no results. 
  9. Then Create an Advance Deposit Query. 
  10. Criteria: Applied Credits>Application>Applied credit application post status [equals] Not Yet Posted OR Applied Payments> Application> Applied payment application post status [equals] Not Yet Posted. 
  11. Verify that there are no results. 
  12. Go to Administration>Post>New Post Parameter. 
  13. On the Filters tab select the dates for the Fiscal Year. 
  14. Validate, Nothing to Post. 
  15. Go to bank and select Post adjustments to General Ledger. 
  16. Filter on fiscal year. 
  17. Nothing to post. 
  18. Attempt to close the fiscal year again. 
  19. Receive error. 

Environment

 7.82.104, patch 15 ; 7.82.104, patch 13 ; 7.86.93.0004

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