Monthly Close

Monthly Closing Policy

Timing of Closing

  1. Generally, a notice of month closing will be posted by the1st business day after the 15th for the closing of the prior month.
  2. Closing notices will be posted on the Faculty/Staff Conference and emailed to individuals who have signed up for the Controller's Office mail list.
  3. We do not recommend running budget to actual reports prior to these announcements.
  4. Please note the closing of the month of June, July and August are delayed due to the timing and procedures of annual external audit and the rolling forward of budget reports.

 

Departmental Journal Entries

  1. Journal entries received from departments will be posted for the prior month if received by the Controller’s Office within the first 10 business days of the month.
  2. For entries submitted during this time frame, please be sure to indicate transaction date. If no date is indicated, the journal entry the transaction date will be the date the journal entry is posted to the system.
  3. Please refer policies and procedures related to journal entry forms.

 

Departmental Deposits

Cash and check deposits must be received by 12 noon the last day business day of the month for entry into current month. Deposits received after 12 noon will be included in next month’s activity.

What's New?

FY14 Financial Statements - to be updated soon with official Annual Report

FY14 Closing Memo

FY13 A-133

990

 

 

Contact Us

Controller
 

Mailing address:
Wellesley College
Controller's Office
106 Central St., GRH139
Wellesley, MA 02481-8203

Main Telephone:
781.283.2468

 

Main Office Fax:
781.283.3710

Payroll Fax:
781.283.3713

AVP for Finance, Controller and Assistant Treasurer
781.283.2247
 
Senior Accountant
781.283.2461
 
Accounting Specialist
781.283.2488
 
Sr. Cashiering/Payroll Specialist
781.283.2265
 
Accounts Payable Manager
781.283.2469
 
Associate Controller
781. 283.2250