Hypertext: Object Class - Class to which a document belongs.
Document Name
_ISPSFM_V_FMCLOSEOUT
Requirements
You are using the Federal Government solution and want to close out outstanding obligations in a fiscal year.
Standard settings
Recommendation
Activities
The rules are based on FM area, fiscal year, fund type, obligation value types, and fund status. When transaction FMMC is run to complete obligation documents, only documents that meet the selection criteria and fall under these defined rules will be picked for processing.
Further notes
A document meets the criteria of a defined FM closeout rule if the:
FM area matches
Fiscal year matches
Document's fund is in defined the fund type
Value type matches
Document's fund status matches in the following fiscal year