Are there Rialto configuration changes needed prior to a Fiscal Year rollover in Alma?
Question
Are there Rialto configuration changes needed prior to a Fiscal Year rollover in Alma?
Answer
Currently, there is no additonal configuration needed for Rialto prior to a Fiscal Year rollover. Rialto will be able to use new ledgers and funds once they are created by the Fiscal Year rollover process. More information on those jobs can be found in the Alma documentation here.
Take note that the following order types are rolled over during fiscal closure:
- Subscription orders
- Standing orders
- PO lines not fully invoiced or not fully paid by the end of the fiscal period
- Resource sharing requests that have not yet been received
If you have the Fiscal Year Rollover set as a scheduled job, it may be worth pausing the automatic load of invoices in the Rialto Vendor profile before the rollover process is run.
- Article last edited: 02-Aug-2023