FY18 Year-end Closing

University budget managers are responsible for verifying that transactions on all funds are recorded accurately. Transactions must also be in accord with the chartstring's established purpose and budget. If you have not done so already, please review all transactions carefully to make certain that they are in order.

The FY18 Year End User Guide is a comprehensive guide to key year-end processes. Each section includes a header, the reason why the process is important, how to complete the process, key dates and deadlines, links to online resources, and a contact should you need help or have questions. It is important that you read each section that may pertain to your area and pass this memo onto other key personnel that may be involved.

The FY18 Summary of Year End Deadlines is a quick reference guide of key year-end dates.
If you have budget-checking errors on a sponsored project, it is important that you contact your SPA analyst in a timely manner so that the deadlines in the attachment can be met. Also, if your area works with a service center you will want to contact them as they may have shorter deadlines in order to comply with the overall University deadlines.

Other communications from Division of Finance departments on year-end responsibilities: