Financial System Events - $Y$-EVENT$
Description
Knowledge of when specific Financial Events happen can be critical in analyzing financial data. $Y$-EVENT$ lists Financial Event Families (i.e. logical groupings of events) and when these events happen.
Definitions
- Accounting Month Closed - This table lists the date the accounting month is closed and when the statement is mailed.
- Facilities & Administration (F & A) Posted - This table lists when the ‘Actuals’ and the ‘Encumbrances’ for F&A are posted.
- Payroll Processing - This table lists the following for Payroll Processing:
- Pay Period(s) Ending
- Pay Day
- Pay Sheet Created
- Payroll Processing Completed
- Payroll Posted to the General Ledger
- EBT’s Mailed
- Personal Activity Report - The date the Personal Activity Report (PAR) is sent out and the date it is due back is in this table.
FBS Training
Training classes are available to learn more about Financial System Events:
- RATS: Grants & Contract Accounting
- RATS: Research Administration Training Series
- University Accounting Principles
Other Resources
The Financial & Business Services Index and Glossary has information about Financial System Events: