Fiscal Year End (FYE) 2025 is quickly approaching. Follow these deadlines and instructions to ensure your FY 2025 expenses are appropriately recorded in FY 2025.
As we begin the spring semester, it is important to plan for Fiscal Year End on June 30th. We see a surge in procurement and contract requests toward the end of the fiscal year, which can delay processing if deadlines are missed. To ensure your requests are completed on time, please adhere to the following deadlines. Missing these dates may result in approvals after July 1st, affecting your department’s operations.
On the last day of the fiscal year, a process will run to roll forward encumbrances that are remaining on purchase orders from FY24 to FY25. This means any POs that are not fully invoiced will be rolled forward so that the encumbrance balances accurately reflect purchase orders that are not fully used.
Fiscal Year (FY) 2024 ends at midnight on July 2, 2024. Follow these deadlines and instructions to ensure that your FY 2024 expenses are appropriately recorded in FY 2024.
It’s hard to believe that Fiscal Year End is just around the corner! If you have a purchase or contract that must be completed by June 30th, please submit all required documentation to the PSC on or before these deadlines to allow for timely completion of your purchase.
Because of the recently announced July 3, 2023 holiday granted to CU employees, the PSC has updated the impacted dates in the fiscal year end calendar. With the campuses and System Administration closing on Monday, July 3, 2023, we will be shifting the related accrual deadlines requiring department action to the end of the next business day - Wednesday, July 5, 2023.
Fiscal Year (FY) 2023 ends at midnight on June 30, 2023. Follow these deadlines and instructions to ensure that your FY 2023 expenses are appropriately recorded in FY 2023. Send us your documentation now - no need to wait until the deadlines.
It’s hard to believe that Fiscal Year End is just around the corner! If you have a purchase or contract that must be completed by June 30th, please submit all required documentation to the PSC on or before these deadlines to allow for timely completion of your purchase.
Fiscal Year (FY) 2022 ends at midnight on June 30, 2022. Follow these deadlines and instructions to ensure that your FY 2022 expenses are appropriately recorded in FY 2022. Send us your documentation now - no need to wait till the deadlines.
