Www.usf.edu



Fiscal Year 2020 Monthly Closing CalendarAccounting PeriodLatest Payroll Period End DateLatest Payroll End PP #Estimated Payroll Posting Date Finance Mart Final Reports AvailableJuly 20197/25/19200208/05/19End of AugustAugust 20198/22/19200409/03/1909/10/19September 20199/19/1920069/30/1910/10/19October 201910/31/19200811/12/1911/18/19November 201911/28/19201112/09/1912/16/19December 201912/26/19201301/06/2001/13/20January 202001/23/20201502/03/2002/11/20February 202002/20/20201703/02/2003/11/20March 202003/19/20201903/30/2004/10/20April 202004/30/20202205/11/2005/13/20May 202005/28/20202406/08/2006/12/20June 2020******NOTE: The availability of Finance Mart reporting is based on seven days after the Estimated final payroll period posting date in the respective Accounting Period.** A separate communication regarding the year end closing timeline will be distributed at a later date.Month End Transaction Cutoffs for Non-Payroll Activity Business ActivityDetailsInterdepartmental Transfers andExpenditure Transfers Transfers submitted to General Accounting (GA) through Service Now (SN) by noon of the 5th day of the month may use a prior month accounting date.GA will post valid error free journal entries before the month closes. Un-posted entries will be returned to the originator through Service Now (SN) for error correction and date change, if necessary. Accounts PayableInvoices submitted to Accounts Payable (AP) with valid budget and a FAST receipt by the 5th day of the month will be posted by month end. Vouchers that remain Un-posted on the 5th day of the month may automatically have the accounting date changed to the 1st day of the next open month.Accounts ReceivableDeposits and requests for adjustment received by the cashier’s office by the 5th day of the month may be included in the prior month’s business.Pcard CompliancePcard budget errors must be resolved prior to the 5th day of the month following reconciliation. Unresolved errors will be charged to the default chartfield string of record. ................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download