Did you know that the FY21 Closing Procedures/FY22 Opening Procedures are now available on UAFR’s Year-End Procedures webpage?
This document is a great resource to utilize when preparing for your year-end duties and responsibilities and contains helpful information such as:
- Important reminders to keep in mind as you perform your various year-end duties;
- A list of important dates for critical tasks, deadlines, and available training opportunities related to year-end activities;
- Contact information for various offices who may be able to assist you with a variety of year-end questions;
- Year-end related information related to fund accounting, payroll accounting, property accounting, accounts receivable, and departmental deposits; and
- Definitions of accounting terms that are commonly used during year-end (such as “lapse period”).
Contact
For further details on any specific accounting issue addressed within these procedures, contact the applicable subject matter expert within UAFR's Who to Ask list. For questions specifically related to the FY21 Closing Procedures/FY22 Opening Procedures, contact Regina Harden at (217) 244-6853.