Enable institutions to execute a Fiscal Year end and rollover necessary budgets and other financial objects (UXPROD-1149)

[UXPROD-203] Close/freeze budgets upon rollover into new fiscal year Created: 20/Jan/18  Updated: 02/Aug/21  Resolved: 30/Apr/21

Status: Closed
Project: UX Product
Components: None
Affects versions: None
Fix versions: R1 2021
Parent: Enable institutions to execute a Fiscal Year end and rollover necessary budgets and other financial objects

Type: New Feature Priority: P3
Reporter: Cate Boerema (Inactive) Assignee: Dennis Bridges
Resolution: Done Votes: 0
Labels: Q3fromQ2, acquisitions, finances, round_iv
Remaining Estimate: Not Specified
Time Spent: Not Specified
Original estimate: Not Specified

Issue links:
Relates
relates to UIF-175 Close all current budgets when execut... Closed
relates to UXPROD-1149 Enable institutions to execute a Fisc... Closed
Potential Workaround: Each budget can currently be closed or frozen manually when an institution is executing their rollover.
Epic Link: Enable institutions to execute a Fiscal Year end and rollover necessary budgets and other financial objects
Analysis Estimate: Small < 3 days
Front End Estimate: Medium < 5 days
Front-End Confidence factor: Low
Back End Estimate: Large < 10 days
Development Team: Thunderjet
PO Rank: 76.8
PO Ranking Note: This is an important part of resolving the fiscal year and there is no other way to close all previous budgets
Rank: Chalmers (Impl Aut 2019): R5
Rank: Chicago (MVP Sum 2020): R1
Rank: Cornell (Full Sum 2021): R1
Rank: Duke (Full Sum 2021): R1
Rank: 5Colleges (Full Jul 2021): R1
Rank: FLO (MVP Sum 2020): R1
Rank: GBV (MVP Sum 2020): R1
Rank: hbz (TBD): R1
Rank: Hungary (MVP End 2020): R1
Rank: Lehigh (MVP Summer 2020): R2
Rank: Leipzig (Full TBD): R3
Rank: Leipzig (ERM Aut 2019): R3
Rank: MO State (MVP June 2020): R1
Rank: TAMU (MVP Jan 2021): R1
Rank: U of AL (MVP Oct 2020): R1

 Description   

Purpose: On the starting date of the new fiscal year budgets for the previous year should be frozen. Administrators should be able to close all those budgets as well after a quick review.

High-Level Requirements:

  • Confirm with user that all budgets of all types should be frozen on the first day of the new fiscal year
  • Add "Close Budgets" button to ledger that allows admin to close all budgets for previous fiscal year


 Comments   
Comment by Dennis Bridges [ 04/May/20 ]

Due to its lower priority this has been shifted to Q3 2020.Analysis has confirmed there there will be more BE work than can be completed in Q2 in order to finish this feature.

Comment by Dennis Bridges [ 30/Apr/21 ]

All issue resolved and tested in bugfest-iris.

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