An enhancement to the fiscal rollover process enables you to move a fund’s encumbrances from one year to the next without moving unspent money. Unused money is not added to the next year’s fund and is not available for use.

To enable this enhancement, you must configure a new org unit setting:

Enabling this setting will display a new check box in the Fund Propagation & Rollover drop down menu. To use this feature during the fiscal rollover process, click the check box adjacent to Limit Fiscal Year Close-out Operation to Encumbrances.