Should the fiscal be closed before or after the Asset Account Balance Close?

haetten

Member
Hi!

I am new in a company that has JDE, and a user questioned me: Should I close the fiscal year (processes involving R098201) before or after Asset Account Balance Close (processes involving R12825) ?

I heard that I need to wait for the closing of the fiscal year, and after that i should run the processes for the fixed assets, but I need to give an absolutely correct answer to the user.

Thanks!
 
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