What the RYE-CCTT-(0000) Error Means
When you see the error RYE-CCTT-(0000):
RYE = Run Year End.
CCTT = Creditors Control Account.
(0000) = Your school’s establishment number.
This error appears when the balance in the Creditors Control Account does not match the balance on the Aged Creditors Report.
You cannot run year end until these two balances are the same.
Find the Difference Using Transactions Listings by Ledger Code
To identify the difference in the Creditors Control Account:
Click Reports, then select Financial.
Click Transactions Listings by Ledger Code.
Set Period to 0–13.
Set the Ledger Code to the Creditors Control Account.
Click Submit.
Open the exported spreadsheet and click Enable Editing.
Apply a filter to Row 8 (the column headings).
Go to Column J (Contact) and sort A to Z.
This shows all transactions that do not have a contact (i.e. not linked to a supplier).
Check the Totals
For your first year running year end on the software:
The total debits and credits for transactions with no contact must equal zero.
For future years:
You must exclude year-end adjustment journals that roll over from the previous year when checking the totals.
If the totals do not match what is on the Aged Creditors Report, there is an imbalance in the Creditors Control Account.
Common Causes of the Imbalance
Typical reasons for the RYE-CCTT-(0000) error include:
A Creditor journal has been posted without an equal opening balances journal.
A journal of any type has been posted to the Creditors Control Account but not to a supplier.
Sales or Purchase transactions have been posted directly to the Creditors Control Account.
Fix the Imbalance
To correct the difference so year end can run:
Post a Creditor journal to adjust the Creditors Control Account balance to match the Aged Creditors Report, or
Post an Opening Balances journal to adjust the balance in the Creditors Control Account, or
Post a journal to reverse any incorrect balance posted to the Creditors Control Account.
Recommendation:
Before posting any correcting journals:
Check your supporting paperwork to confirm the correct balance in the Creditors Control Account.
Confirm whether the supplier(s) involved have already been paid.
Once the Creditors Control Account balance matches the Aged Creditors Report, you can rerun Year End without the RYE-CCTT-(0000) error.