Fayetteville Policies and Procedures 310.0
Cut-Off Dates for Fiscal Year Accounting
The original PDF version of this policy is linked from the revised date below.
The Financial Affairs Office is responsible for the preparation of the fiscal year-end financial reports. In order to ensure accurate reports, all departments must process their financial transactions in a timely manner.
The Financial Affairs Office, in accordance with Business Affairs, sets all applicable cut-off dates related to financial transactions. Notice of the various cut-off dates is communicated via the "year-end memorandum", which is posted electronically. Other notifications may be sent to specific departments whose financial structure calls for specific additional transactions, such as inventory valuation and accounts receivable.
Reformatted for Web April 1, 2014
Revised January 3, 2008