As we approach the end of the fiscal year, please note these important dates to keep in mind:
-The LAST official business day is Tuesday, May 31, 2016.
Please note that checks will be processed at Noon on Tuesday so that the finance system can be shut down and rolled over to the new fiscal year. Therefore, invoices and check requests must be in the Accounts Payable Office by the close of business on Thursday, May 26 to allow for processing. Please keep in mind that Monday, May 30 is the Memorial Day holiday.
REQUISITIONS AND PURCHASE ORDERS
For Capital Items: The requisition cut-off date for capital items is at Friday, May 20 at 12:00 p.m. Please remember items must be received on campus by Tuesday, May 31 to be charged against the 2016 budget. Items received after 5/31 will be charged to the 2017 budget.
For Operating Expenses: The requisition cut-off date for Operating expenses is Wednesday, May 25 at 5:00 p.m. Please allow appropriate time for the approval process. Invoices should be submitted to the Accounts Payable Office as soon as possible.
Please contact the Accounts Payable Office at Ext. 8525 with any questions.
Visa charges that POST AT THE BANK by Tuesday, May 31, will be charged to the 2016 budget. Any charge that posts at the bank after May 31 will be charged to the 2017 budget. Please remember that it can take anywhere from one to seven business days from the time of purchase until the bank receives and posts the transaction to your account. Please contact JoAnn Feary at Ext. 8528 with any questions.
Submitted by: Ron Haberer, controller