Fiscal Year 16 Year-End Instructions and Deadlines

[Business Affairs Office News]

Good afternoon,

With our fiscal year end quickly approaching, please take time to review the year-end departmental instructions and deadlines at http://ba.uoregon.edu/staff/year-end-close. It is important for all departments to read and follow these instructions to assist the Business Affairs Office in coordinating the University of Oregon's fiscal year close and financial statement production.

Please make every effort to post June and remaining FY16 activity to period 12 before it closes on July 11th at 5:00pm. To allow time for transactions to clear approval queues, be sure to post them before 3:00pm. Any remaining activity, accruals, and adjustments need to be posted to period 14.

Certain account codes require the maintenance of subsidiary ledgers (detailed listings of transactions that comprise the balance of an account). If your department has made any entries to general ledger asset (AXXXX) or liability (BXXXX) account codes found in the list at http://ba.uoregon.edu/content/year-end-departmental-instructions-fy16#account-reconciliations, please maintain a subsidiary ledger to support the balances as of June 30, 2016.

A list of specific deadlines can be found at http://ba.uoregon.edu/content/year-end-deadlines-fiscal-year-2016.
For general questions related to year-end closing, please visit https://ba.uoregon.edu/content/accounting-and-financial-management-contacts.

Thank you,
BAO Financial Services

Jill Ritz, 6-1256, jritz at uoregon.edu<mailto:jritz at uoregon.edu>
Robbin Howard, 6-1115, rchoward at uoregon.edu<mailto:rchoward at uoregon.edu>
Phil Davis, 6-3524, pdavis at uoregon.edu<mailto:pdavis at uoregon.edu>

-------------- next part --------------
An HTML attachment was scrubbed...
URL: <http://lists-prod.uoregon.edu/pipermail/bao-news/attachments/20160614/3898a6c0/attachment.html>