Year End Closing Activities in the General Ledger

Our County organization is using Public Sector General Ledger in 11.5.7 patched to 11.5.9.

When closing the year and the Revenues and Expenses closes to fund balance, is it necessary for the fund to be active?  We are in the process of trying to close a fund and would like to end date it now before we do our year end close.  However, when we go to close the fiscal year, we don't want to encounter any problems during the closing process if it would fail because of an end dated value.