Year End Expenditure Guidelines FY'12

office of the controller

Welcome to the Year End Expenditure Guideline Web page. In compliance with standard audit procedures for Colleges and Universities, departmental guidelines for delivery of goods and services by May 31 have been established for the remainder of this fiscal year. Please review the guidelines with those individuals in your department who have budget and purchasing responsibilities within PeopleSoft.

The University's goal with these preliminary guidelines is to alert departments to fiscal year end dates and provide sufficient planning time to purchase goods and services for the current year using their FY '12 budget funds. If you have any questions about the information on the Year End Expenditure Guideline Web pages, please contact Mike Quilter at 2-3362.

If you missed the Year End Information Session, click here for a copy of the presentation and here more information.

Important Deadlines for FY '12

April 13 FY '12 Requisition for major equipment - To be bid out
April 25

Monthly Supplemental Temporary Budget Transfers & Supplemental Payment Requisitions

Temporary Payroll Budget Transfers - except fund 500

April 27

Last day to order Apple and Dell Computers for delivery by May 31

Graduate Financial Aid - Payroll Stipends
Graduate Financial Aid - Non-Service Stipends

May 11 Last day to order IKON products for delivery by May 31
May 18
Weekly Supplemental Temporary Budget Transfers & Supplemental Payment Requisitions
May 21 Graduate Financial Aid - Scholarship (Tuition Remission)
May 25 Budget Transfers Related to Purchasing Cards by 3:00 pm
May 31
PeopleSoft Financials will be shut down at Noon for year end processing
- Vouchers, Requisitions & Expense Reports (including Department, Fund and Special Account Approval)
- Vendor Purchase Order Invoices
- General PO's - Non Equipment Purchases (For goods received or services rendered in FY '12)
- Deposits to Cashier
- P-Card
- Delete Outstanding Travel Authorizations
- Department Functions - Functions organized through BOC or Dining

Important Dates for FY '13

April 20

Budgets Loaded
Begin Requisition for Long Lead Time POs
Begin Requisition for Purchase Order Agreements
Budget Transfers for FY '13
Budget Transfers for Purchasing Card for FY '13
Create Service Stipends for Summer 2012
Create Service Stipends for 2012-2013 Academic Year
Create Tuition Remission Awards for Summer 2012
Create Tuition Remission Awards for 2012-2013 Academic Year
Create Summer Hires for students

June 1 PeopleSoft Procurement & Financials Availability for FY '13
June 2 Purchasing Cards with FY '13 funding will be available