Latest Financial Reporting and Accounting News

Accounting Month Closed for August 2022-You may now review your Management Reports in EOR

Posted September 14, 2022 in Financial Reporting and Accounting and tagged , .

The most recent accounting month is now closed. Your Management Reports are complete and ready for your review. For most departments/units, review and approval should follow the steps outlined in this memo. Some departments/units have alternate procedures in place to accomplish review … Continue reading →

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September 2022 BPAG Minutes Are Available

Posted September 9, 2022 in Financial Reporting and Accounting, Financial Services Technical Support, Travel and tagged , , .

The BPAG minutes from the September 9, 2022 BPAG meeting are now available on the Financial Services Technology Support website. September 2022 Meeting Minutes Travel Updates Journal Processing To learn more about BPAG, click here. Subscribe to the BPAG mailing … Continue reading →

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July Management Report Balances Corrected

Posted August 12, 2022 in Controller, Financial Reporting and Accounting, Financial Services and tagged .

Good Afternoon, It came to our attention this morning that Activities or Projects which had Thermidor Accrual journal entries (journals beginning with the letters “TAC”) posted in fiscal year 2022 did not have the requisite reversals in fiscal year 2023 … Continue reading →

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Accounting Month Closed for July 2022-You may now review your Management Reports in EOR

Posted August 10, 2022 in Financial Reporting and Accounting and tagged , .

The most recent accounting month is now closed. Your Management Reports are complete and ready for your review. For most departments/units, review and approval should follow the steps outlined in this memo. Some departments/units have alternate procedures in place to accomplish review … Continue reading →

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Accounting Month Closed for June 2022-You may now review your Management Reports in EOR

Posted July 20, 2022 in Financial Reporting and Accounting and tagged , .

The most recent accounting month is now closed. Your Management Reports are complete and ready for your review. For most departments/units, review and approval should follow the steps outlined in this memo. Some departments/units have alternate procedures in place to accomplish review … Continue reading →

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Accounting Month Closed for May 2022-You may now review your Management Reports in EOR

Posted June 10, 2022 in Financial Reporting and Accounting and tagged , .

The most recent accounting month is now closed. Your Management Reports are complete and ready for your review. For most departments/units, review and approval should follow the steps outlined in this memo. Some departments/units have alternate procedures in place to accomplish review … Continue reading →

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Accounting Month Closed for January 2022-You may now review your Management Reports in EOR

Posted February 10, 2022 in Financial Reporting and Accounting and tagged , .

The most recent accounting month is now closed. Your Management Reports are complete and ready for your review. For most departments/units, review and approval should follow the steps outlined in this memo. Some departments/units have alternate procedures in place to accomplish review … Continue reading →

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Accounting Month Closed for December 2021-You may now review your Management Reports in EOR

Posted January 12, 2022 in Controller, Financial Reporting and Accounting, Grants and Contracts Accounting and tagged , , .

The most recent accounting month is now closed. Your Management Reports are complete and ready for your review. For most departments/units, review and approval should follow the steps outlined in this memo. Some departments/units have alternate procedures in place to accomplish review … Continue reading →

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Fiscal Year-End Closing Information and Dates

Posted March 25, 2021 in Controller, Financial Reporting and Accounting, Financial Services and tagged , , .

All individuals responsible for Management Reports should carefully review their statements between now and the first part of July to identify any corrections or adjustments, which should be reflected in the statement for the month of June. Suggested items to … Continue reading →

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Q2 FY 2021 UMV for Endowment Projections

Posted February 12, 2021 in Endowment & Investment Accounting, Financial Reporting and Accounting.

The ending quarter endowment pool unit market value (UMV) for December 31, 2020, is $239.50 per unit. This information is necessary for Method 2 of projecting endowment income and is provided quarterly through FS News. All other factors in the … Continue reading →

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