To help plan for fiscal year-end, finance administrators should note these upcoming UCPath activities. Look for further information to prepare for key payroll processing deadlines in the June edition of the Controller's Office Newsletter.
Fiscal Year-End Funding Rollover
The UCPath fiscal year-end funding rollover program is scheduled to run at the end of June 2022. This process requires a freeze period during which all Funding Entry Initiators and Approvers cannot enter, update, submit, or approve funding transactions in UCPath. The UCPath Center has announced that the freeze period for all Funding Entry Initiators and Approvers will be from 8 a.m. on June 24 until 12 noon on June 30. Departments can begin to prepare for fiscal year end by reviewing position funding with end dates set to expire in June.
Final Fiscal Year 2021-22 Salary Cost Transfer Processing
The deadline to approve all salary cost transfers for payroll that originated in UCPath for FY2021-22 to be recorded in FY2021-22 will be 5 p.m. on July 5. Salary Cost Transfer Initiators and Approvers are advised to submit and approve any required Salary Cost Transfers as early as possible.