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Performing a Year End Close

Prerequisites

If Protection is activated, you require the Engagement right, Year End Close and Roll Forward, to perform this operation.
There must not be any outstanding child files
Perform a backup >>How Do I?
Select the items that you want to Roll Forward >>How Do I?
Close all CaseView documents for the file.

Procedure

Open the Working Papers client file that you would like to close.
Select Engagement | Year End Close.

The Year End Close and Roll Forward dialog opens.
Complete the sections of the Year End Close and Roll Forward dialog according to your preferences.
Click OK to process the Year End Close.

Results

A new file will be created if closing to a new name. Check that the Client Profile dates have been incremented correctly and that the opening balance agrees with the previous year's closing balance.

Notes

Empty folders or folders with documents that are not on the Document Manager will be copied to next year's file.
If the source file is protected and has a security ID set, that security ID overwrites the security ID of the destination file.
You can close the file to the same name as your current file, however, the new file replaces the old file. You will no longer have access to last year’s file, as it is replaced by the new year’s file. It is strongly recommended to make a backup of the file before closing out to the same file name.
Documents and Issues are rolled forward based on whether they have the Roll Forward checkbox selected in their properties or not. To view the items that are marked to roll forward, while in the Document Manager, on the View menu, select Filter By and then Marked for Roll Forward.