Monthly Close

Monthly Closing Policy

Timing of Closing

  • At the beginning of the new fiscal year, a closing calendar will be posted on Faculty-Staff with due dates for closing each month.  These due dates are for invoices, journal entries, purchase orders, etc, that need to be recorded within that month.
  • Cash and check deposits must be received by noon on the last business day of the month for entry in the current month.  Deposits received after this time will be included in next month's activity.