You can access this function under Accounts/Year End/Year End. Pay particular attention in what the account area you are.
Basically, this function is the “precursor” of the automatic contribution rules. The newest PC CADDIE versions support booking an article to a person corresponding to the current status of the person, thanks to the automatic assignment of contribution. This means considerable time savings: Automatic transfer of fees.
In contrast, all articles with yearly status are book exactly as in the past year if you book with accounts update. Any changes of membership would have to be manually processed. The check-mark at (2) causes this.
(1) is clarified under Annual statement without update of accounts.