Loyola’s Fiscal Year-end of June 30, 2016 is rapidly approaching. In order to ensure a timely and efficient year end close, please adhere to the following deadlines:
Year-End Task | Due Date | Department Responsible | Departmental Contact for Questions |
---|---|---|---|
Payroll Adjustments for SPA: PAFs or EIFs that include Grant and/or Gift Accounting Units | Friday, June 10, 2016 | Sponsored Program Accounting | mscalero@luc.edu rthomas16@luc.edu |
All Other Payroll Adjustments | Wednesday, June 22, 2016 | General Accounting | cfraczkowski@luc.edu |
Check Requisitions/ Expense Reimbursements that include Grant and/or Gift Accounting Units | Monday, June 27, 2016 | Accounts Payable | Accounts-payables@luc.edu |
All Other Check Requisitions/Expense Reimbursements | Thursday, June 30, 2016 | Accounts Payable | Accounts-payables@luc.edu |
Non-Repetitive Wire Transfer Request (one time payments) | Monday, June 27, 2016 by 12pm | Treasury | Cashmgmt@luc.edu |
Repetitive Wire Transfer Request | Thursday, June 30, 2016 by 12pm | Treasury | Cashmgmt@luc.edu |
Procurement Card Transaction Date to be included in FY2016 | Thursday, June 30, 2016 | Procurement Card | ProCard-Admin@luc.edu |
Notify Purchasing of Purchase Orders Received | Thursday, June 30, 2016 | Purchasing | Purchlsc@luc.edu |
Expense Accruals for goods received or services rendered by June 30, 2016* | Wednesday, July 6, 2016 | Accounts Payable/General Accounting | Accounts-payables@luc.edu |
Journal Entry/Expense Transfer Requests (including deferrals & receivables) | Wednesday, July 6, 2016 | General Accounting | Accounting@luc.edu mfriedberg@luc.edu |
*Please inform Accounts Payable of any invoices >$25,000 received after July 6th that would need to be accrued for FY16