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    <title>FOLIO Jira</title>
    <link>https://folio-org.atlassian.net</link>
    <description>This file is an XML representation of an issue</description>
    <language>en-us</language>    <build-info>
        <version>1001.0.0-SNAPSHOT</version>
        <build-number>100246</build-number>
        <build-date>07-02-2024</build-date>
    </build-info>

<item>
            <title>[UXPROD-772] Rollover Encumbrances into the next Fiscal Year</title>
                <link>https://folio-org.atlassian.net/browse/UXPROD-772</link>
                <project id="10000" key="UXPROD">UX Product</project>
                    <description>&lt;p&gt;Overview: In order to start the next fiscal year the user must be able to transfer or close outstanding encumbrances for orders that have not yet been resolved. This is generally done based on order type.&lt;/p&gt;

&lt;p&gt;Use cases:&lt;/p&gt;

&lt;ul&gt;
	&lt;li&gt;Library has ongoing orders that must be re-encumbered in the upcoming fiscal year. The library will want to encumber money next year based on what was spent in the current year and potentially increase it by a specific percentage.&lt;/li&gt;
	&lt;li&gt;Library has ongoing orders that must be re-encumbered in the upcoming fiscal year. The library will want to encumber money differently for continuations that for subscription orders. Increasing them by different percentages.&lt;/li&gt;
	&lt;li&gt;Library has one-time orders that could not be close and must be re-encumbered in the upcoming fiscal year. The method of encumbrance may differ from that of on-going orders. For one-time orders the library would rollover remaining encumbrances.&lt;/li&gt;
	&lt;li&gt;&lt;b&gt;&lt;del&gt;Library will want to release all remaining encumbrances in the fiscal year that is being closed?&lt;/del&gt;&lt;/b&gt; no they will not according to small group&lt;/li&gt;
&lt;/ul&gt;


&lt;p&gt;High-Level Requirements:&lt;/p&gt;

&lt;ul&gt;
	&lt;li&gt;Create new encumbrances for the coming fiscal year without affecting monies that have already been expended against the current encumbrance&lt;/li&gt;
	&lt;li&gt;Update encumbrance values according to rollover settings for order type&lt;/li&gt;
	&lt;li&gt;Track the amount expended against this encumbrance so next years encumbered value can be based on the amount spent in the previous year&lt;/li&gt;
	&lt;li&gt;Preserve the current encumbrance value if there is any remaining at rollover&lt;/li&gt;
	&lt;li&gt;&lt;del&gt;Note the FY currency could be different from one FY to the next?&lt;/del&gt; This will be considered under a separate feature&lt;/li&gt;
	&lt;li&gt;Note the exchange rate may need to be applied to obtain the value of the encumbrance for the next fiscal year if the order was in a foreign currency.&lt;/li&gt;
	&lt;li&gt;&lt;del&gt;Ability to run a rollover &quot;preview&quot; that will tell the user what they should fix before rollover to avoid errors&lt;/del&gt; This is a substantial feature that should be implemented separately&lt;/li&gt;
&lt;/ul&gt;


&lt;p&gt;Design: &lt;a href=&quot;https://drive.google.com/drive/u/0/folders/1OGnJNiNVgm6c6qifjDf-ZXnAhlv54JTV&quot; class=&quot;external-link&quot; rel=&quot;nofollow noreferrer&quot;&gt;https://drive.google.com/drive/u/0/folders/1OGnJNiNVgm6c6qifjDf-ZXnAhlv54JTV&lt;/a&gt;&lt;/p&gt;

&lt;p&gt;Back-end Design : &lt;a href=&quot;https://folio-org.atlassian.net/wiki/display/DD/Fiscal+year+rollover&quot; class=&quot;external-link&quot; rel=&quot;nofollow noreferrer&quot;&gt;https://folio-org.atlassian.net/wiki/display/DD/Fiscal+year+rollover&lt;/a&gt;&lt;/p&gt;

&lt;p&gt;Grooming:&lt;br/&gt;
&lt;a href=&quot;https://drive.google.com/file/d/1l9IvnO3rnZZ_h9PWAVQeC5BOrJEx71BD/view?usp=sharing&quot; class=&quot;external-link&quot; rel=&quot;nofollow noreferrer&quot;&gt;Session 1&lt;/a&gt;&lt;br/&gt;
&lt;a href=&quot;https://drive.google.com/file/d/1B1AerpAcAepcgmAJaMBTzyl-PVW1PUps/view?usp=sharing&quot; class=&quot;external-link&quot; rel=&quot;nofollow noreferrer&quot;&gt;Session 2&lt;/a&gt;&lt;br/&gt;
&lt;a href=&quot;https://drive.google.com/file/d/1ijxJ56q_ApXqjjP4bO3McwMIjlb4pscJ/view?usp=sharing&quot; class=&quot;external-link&quot; rel=&quot;nofollow noreferrer&quot;&gt;Session 3&lt;/a&gt; (Q&amp;amp;A)&lt;br/&gt;
&lt;a href=&quot;https://drive.google.com/file/d/1h-8rbirzHHs5TH3Up0uHyF-m6h56J10x/view?usp=sharing&quot; class=&quot;external-link&quot; rel=&quot;nofollow noreferrer&quot;&gt;Session 4&lt;/a&gt; (FY discussion)&lt;br/&gt;
&lt;a href=&quot;https://drive.google.com/file/d/1JnBfmmPeXdeLPo2NZBfp_OCB5X1gReTG/view?usp=sharing&quot; class=&quot;external-link&quot; rel=&quot;nofollow noreferrer&quot;&gt;Session 5&lt;/a&gt; (model, schema, storage api)&lt;br/&gt;
&lt;a href=&quot;https://drive.google.com/file/d/1S2FlBAFfYXWJvFCN5tBkaknVMSv06Q1w/view?usp=sharing&quot; class=&quot;external-link&quot; rel=&quot;nofollow noreferrer&quot;&gt;Session 6&lt;/a&gt; (Q&amp;amp;A)&lt;/p&gt;</description>
                <environment></environment>
        <key id="10505">UXPROD-772</key>
            <summary>Rollover Encumbrances into the next Fiscal Year</summary>
                <type id="10002" iconUrl="https://folio-org.atlassian.net/rest/api/2/universal_avatar/view/type/issuetype/avatar/10322?size=medium">New Feature</type>
                            <parent id="10418">UXPROD-1149</parent>
                                    <priority id="10002" iconUrl="https://dev.folio.org/assets/jira-priority/jira-p3.svg">P3</priority>
                        <status id="6" iconUrl="https://folio-org.atlassian.net/images/icons/statuses/closed.png" description="The issue is considered finished, the resolution is correct. Issues which are closed can be reopened.">Closed</status>
                    <statusCategory id="3" key="done" colorName="green"/>
                                    <resolution id="10003">Done</resolution>
                                                        <assignee accountid="557058:2f7b6349-450b-419a-ba54-c181f51383ad">Dennis Bridges</assignee>
                                                                <reporter accountid="557058:2f7b6349-450b-419a-ba54-c181f51383ad">Dennis Bridges</reporter>
                                    <labels>
                            <label>Q3fromQ2</label>
                            <label>acquisitions</label>
                            <label>finances</label>
                            <label>orders</label>
                            <label>po-mvp</label>
                            <label>round_iv</label>
                            <label>transactions</label>
                    </labels>
                <created>Wed, 30 May 2018 17:02:35 +0000</created>
                <updated>Thu, 17 Mar 2022 18:33:53 +0000</updated>
                            <resolved>Fri, 30 Apr 2021 21:26:25 +0000</resolved>
                                                    <fixVersion>R1 2021</fixVersion>
                                        <due></due>
                            <votes>0</votes>
                                    <watches>6</watches>
                                                                <comments>
                                                            <comment id="10431" author="557058:e4c91142-1f56-469c-a80f-9f01d93e942d" created="Thu, 13 Jun 2019 12:42:26 +0000"  >&lt;p&gt;Is this the same as 
    &lt;span class=&quot;jira-issue-macro resolved&quot; data-jira-key=&quot;UXPROD-202&quot; &gt;
                &lt;a href=&quot;https://folio-org.atlassian.net/browse/UXPROD-202&quot; class=&quot;jira-issue-macro-key issue-link&quot;  title=&quot;Rollover encumbrances of the ledgers funds/budgets into a new Fiscal year&quot; &gt;
            &lt;img class=&quot;icon&quot; src=&quot;https://folio-org.atlassian.net/rest/api/2/universal_avatar/view/type/issuetype/avatar/10322?size=medium&quot; /&gt;
            UXPROD-202
        &lt;/a&gt;
                                                    &lt;span class=&quot;aui-lozenge aui-lozenge-subtle aui-lozenge-success jira-macro-single-issue-export-pdf&quot;&gt;Closed&lt;/span&gt;
            &lt;/span&gt;
? Could these be merged? If not, please clarify how they are different.&lt;/p&gt;</comment>
                                                            <comment id="10435" author="557058:2f7b6349-450b-419a-ba54-c181f51383ad" created="Mon, 4 May 2020 22:03:57 +0000"  >&lt;p&gt;Due to its lower priority this has been shifted to the Iris release. Analysis has confirmed there there will be more BE work than can be completed in Q3 in order to finish this feature.&lt;/p&gt;</comment>
                                                            <comment id="10439" author="557058:2f7b6349-450b-419a-ba54-c181f51383ad" created="Fri, 30 Apr 2021 21:26:25 +0000"  >&lt;p&gt;All issue resolved and tested in bugfest-iris.&lt;/p&gt;</comment>
                    </comments>
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