Fiscal year-end close is quickly approaching! To help ensure you are prepared, note the following key dates for fiscal year-end close out activities for sponsored awards. Be advised that these activities occur before the Control Point Final Close on July 24.
|Category||Due Date||Department Action|
|June Payroll Expense Transfers (PETs)||
|June Invoicing and Financial Reporting||Friday, July 20||
|Payment Processing during Year-End Close||Friday, June 29||
As a reminder, at fiscal year-end, deferral and accruals of revenue are recorded in the actual accounting period and not the adjustment period.
If you have questions about any of these deadlines or related procedures, contact the CGA Service Desk.