FY 2024 is now closed for correcting entries.  Next, central offices are going to perform a few final processes, such as depreciating fixed assets and posting budget carryover.  You can run final FY 2024 reports on July 30.

The beginning balance for July can be updated only after the ending balance for June is final, so that means your net asset balance in account 4999 will be updated in FY 2025 between July 31 and August 7.