The Beginning Balance should always equal the Ending Balance from the previous year.  If this is not the case run a Soft Year End Close.

To run a Soft Year End Close follow these steps:

• In Enterprise choose General Ledger > Processes > Year-End Close
• From drop down choose the Year that need to be soft closed
• Enter Trans Date as last date of fiscal year
• Make sure 'Soft Year-End Only' and 'Combine Beg. Bal.' checkboxes are checked
• Close All Grant/Cap Ex Funds - only click this if your Grant/Cap Ex accounts are to be closed to fund balance
• Click the Post button

When running a Soft Year-End Close if the next year is not the current year must run for all other years until the current year is reached.

Example:  If running for 2014 and current is 2018, must run for 2015, 2016, and 2017