Planning for year-end close – Key Dates

As in past years, the Controller’s Office plans to release the year-end closing instructions and calendar during the first full week of May (on or about May 8, 2020). The instructions and calendar will be posted in the online accounting manual, with an accompanying announcement in the Business Update newsletter. To support business offices in planning for year-end, please note the following key dates for the fiscal 2020 year-end close:

• July 2 - FY2020 Payment Adjustments due to Payroll
• July 10 - Last day for approved supplier invoices and expense reports to post to the June period
• July 10 - Journal entry cutoff for ISPs, source system owners and charges to departments other than your own, including any charging outside of your Planning Unit
• July 17 - Last day to complete and approve PAAs to post to the June period
• July 17 - Journal entry cutoff for Non-Self-Support units and YSM Departments
• July 24 - Journal entry cutoff for Self-Support Schools including YSM Central, Division of Faculty Salaries and the Provost Administration
• August 7 - Budget Office close; finalized GA Support to units

For any questions, please contact General Accounting at controller.genacct@yale.edu.