UNIVERSITY CONTROLLER’S OFFICE
2015-2016 YEAR END GUIDANCE AND DEADLINES
As the fiscal year is fast approaching, the following guidelines/deadlines have been established in order to ensure a smooth fiscal year end.
Tuesday, May 31, 2016
- Deadline to submit requisitions to Purchasing for FY2015-2016.
- Process all invoices after May 31st using Payment Request Module in PeopleSoft or use an existing Purchase Order.
Thursday, June 16, 2016
- Deadline for TRV’s to Controller’s Office for June accounting cycle.
Monday, June 27, 2016
- Deadline for FY2015-2016 IITs/RQs.
- Deadline to clear FY2015-2016 Cash Advances that ended on or before May 31st.
- Deadline for FY2015-2016 Invoice Submission for payment in June.
- Last day for Payment Requests AP Approvals for FY2015-2016.
Tuesday, June 28, 2016
- VISA Team Travel Card transactions must be allocated by 3:30pm (WORKS).
- VISA Purchasing Card transactions must be allocated by 3:30pm (WORKS).
Thursday, June 30, 2016
- All Match Exceptions and Budget Overrides completed by 3:30pm.
- Final June Paycycles to be run at 3:30pm.
Friday, July 1, 2016
- 12 Noon deadline for Journal Entries for the month of June.
Friday, July 8, 2016
- Deadline for FY2015-2016 Invoice Submission for payment in FY2015-2016.
Wednesday, July 13, 2016
- 12 Noon deadline for FY2015-2016 Journal Entries (see year end Journal Entry Guidelines).
Wednesday, July 20, 2016
- Fiscal Year 2015-2016 Closed.
NOTE: AP Payments from July 1st – 13th attributable to FY 2015-2016 will accrue to prior year.
Please call 777-2602 if you have questions concerning these deadlines.