Carrying Forward Year-End Encumbrance

Dear All,

   We have not done carry forward of encumbrance during last three years and planning to do for the first time in Jan-2016.

   In Prerequisites it is mentioned as below.....

• Close the last period of the fiscal year.
• Open the first period of the next fiscal year.
• Open the next encumbrance year.
• Open the next budget year.

  As usually the last period fiscal year closure happens in second week of next fiscal year due to reconciliation but first period opens on the first day of fiscal year along with opening the budget for the year.

  If we do carry forward activity in second week does it will have any issues and we would like do carry forward