Budget managers and key personnel,
Fiscal year-end is fast approaching and it is time to begin preparations. Please read this memo carefully.
You, as budget manager, 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 or members of your staff have not yet carefully reviewed your transactions, now is the time to make certain that they are in order.
The FY19 Summary of Year End Deadlines is a quick reference guide of key year-end dates. The FY19 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.
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 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.
This information is also available on our Year-End Closing website.