Fiscal Period Rollover - will Standing Order, Waiting for Invoice, be part of its population?
- Product: Alma
Regarding Standing Order PO Lines with POL status of "Waiting for Invoice" and "Partially invoiced" -- will it be included in the Rollover (Fiscal Period Closure)?
Yes, a Standing Order is considered Continuous, and it will rollover if the Invoice Status is "Partially invoiced".
The documentation says
The following order types are rolled over during fiscal period closure:
- Subscription orders
- Standing orders
- PO lines not fully invoiced or not fully paid by the end of the fiscal period
The population of the rollover PO Lines job is:
All active PO Lines (their status is not Closed or Cancelled)
Their invoice status is not "fully invoiced"
For Continuous (CO) PO Lines – the encumbrances will be rolled (by encumbrance or by expenditure depending on the rollover job's parameter)
For One-Time (OT) PO Line – the encumbrance will be rolled only if there is a remaining encumbrance and the PO Line is not fully invoiced.
More information on Fiscal Period Closure in Online Help
- Article last edited: 26-Jun-2014