Impact23

Completed By Date

Contact

Action

July 09 by 5pm

Accounting Office

Accruals and Deferrals

• Requests for accruals and deferrals of FY2023/24 expenses and/or revenues must be received in the Accounting Office by 5pm July9th. Every effort will be made to process all accruals/deferrals so that they are included in the ledgers published on July 9th.
  • Specific accrual/deferral templates will be published via the MSOADM list and posted at https://accounting.ucr.edu/fiscal-year-end-closing under the tab “FY End Closing” in mid-May 2024.

July 05

Accounting Office

Ledger Reconciliation and Storage System (LRSS)

• Reconciled May ledgers should be reviewed and certified via LRSS (Certifier role) to allow errors to be identified, corrected and reflected on the Period 12 ledgers

July 09 at 5:00pm

Accounting Office

Non-Payroll Expenditure Cost Transfers

• All Non-Payroll Cost Transfers affecting fiscal year 2023/24 must be completed and approved for posting no later than 5:00

p.m. on July 9th to be recorded in Period 12 ledgers

• Units should coordinate timing of approvals according. Guidance will be issued on how unapproved will be handled (e.g., deleted, returned to transactors, processed in July, etc.)
• Only costs related to FY24 will be available in the application until this date
• The expenditure item date will default to 6/30/2024

July 12 at 4:00pm

Financial Planning & Analysis

Temporary Budget Adjustments

• Please note that all adjustments must be completed by July 10th at 4:00 p.m. in order to be reflected on the 2024-06 (Period 12) Financial Transaction Detail Reports

July 17

Accounting Office

Approximate date the Preliminary June 2024 will be available