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    • Deadlines
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In this section

  • Account Reversion
  • KFS Payment Processing E-docs (DV, PREQ, PCDO)
  • Cash Deposits at Year-End
  • Revenue and Expense Year-End Accruals
  • Deadlines

Deadlines

Year-end accounting processes often involve important deadlines and cut-off dates. If you have questions about these deadlines, please contact Accounting.

2025 Year-End Deadlines

All dates and times listed below are subject to change. Downloadable text-only version (PDF)

Month Day Weekday Time Description
June-July All     Daily approval of entries (all billings must be current). Approve all Concur expense reports.
June 25 Wednesday 5:00 p.m. LTIP cutoff for June activity (FY 2025 LTIP transactions can continue to be posted through 7/14, these transactions will be included as July LTIP activity).
June 27-30 Friday-Monday   Concur expense reports should be approved by the end of the day to post to FY 2025. Also see July 1.
June  27-30 Friday-Monday   Delegates set up in preparation for Year End (YE) e-docs.
June 30 Monday 8:45 p.m. Final collector files and enterprise feeds.
June 30 Monday 9:00 p.m. In-year e-docs will be automatically disapproved [Budget Adjustment (BA), Distribution of Income and Expense (DI), General Ledger Transfer (GLT), Internal Billing (IB), Transfer of Funds (TF), Salary Expense Transfer (ST), Benefit Expense Transfer (BT)].
July 1 Tuesday   YE e-docs for FY 2025 available. (You may need to refresh your menu using the Refresh Navigation link at the bottom of the menu panel.) The GLT e-doc does not have a year-end version. Instead, choose Closing to post back to FY 2025. See note on July 12 about initiating GLT e-docs from 3:00 to 5:00 p.m.
July 1 Tuesay   FY 2026 in-year e-docs available.
July 1 Tuesday 5:00 p.m. Concur expense reports approved on July 1 will be posted to FY 2025. 
July 1 Tuesday   Final procurement card load (PCDO auto-held until 7/18/25).
July 7 Monday   Biweekly payroll accrual posted to period 12 (3 days: 6/26, 6/28, and 6/30), which can be posted as early as June 30.
July 7 Monday   Final Payment Request (PREQ) input for FY 2025 (last day fiscal officers can adjust accounts on PREQs for FY 2025).
Note: The vendor invoice date must be June 30 or earlier to post back to June. If the vendor invoice is July 1 or later, it will post to the new fiscal year.
July 8 Tuesday   Auxiliary Voucher (AV) cutoff for FY 2025. Approvals received after 7/8 will post to FY 2026.
July 9 Wednesday   First account reversion. 
July 10 Thursday 9:00 p.m. Procurement card post-back period ends (last day procurement card transactions can be posted to FY 2025).
July 11 Friday   Final entries for Medical College due-to/due-from account C7910xx.
July 11 Friday   Final gift feed.
July 11 Friday   Second account reversion.
July 14 Monday 3:00 p.m. Final YE e-doc submission (all except central DFS/UBO staff). GLT docs initiated between 3:00 and 5:00 p.m. will be held.
July 14 Monday 5:00 p.m. Final YE e-doc approval (all except central DFS/UBO staff).
July 14 Monday 6:00 p.m. KFS and e-SHOP will be unavailable, 6:00 p.m. - 12:00 a.m.
July 14 Monday 6:00 p.m. Third and final account reversion.
July 15 Tuesday 9:00 p.m. Central DFS/UBO final creation/approval of YE Salary Transfer (YEST) e-docs.
July 16 Wednesday 5:00 p.m. Central DFS/UBO final creation/approval of YE e-docs. YEJV only active e-doc.
July 18 Friday 5:00 p.m. Year-end close (KFS and e-SHOP will be unavailable, 5:00 p.m. - 12:00 a.m.).
July 19 Saturday   FY 2026 beginning balances are populated in KFS and financial reporting (OAS).

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Hours:  8:00 a.m. - 4:30 p.m., Monday - Friday

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