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YEAR-END: Critical Date (see description)

Event Type
Jul 7, 2013  
Originating Calendar
All Campuses - Finance,Year-End, Month-End Events and Deadlines

Current year labor encumbrances will be liquidated.  Users should be aware of this event when monitoring their departmental budget balances available (BBA) during the FY13 closing process, because not all of the accrual payrolls (MN 7 and BW 15) will have posted to Banner at this time.  Users should carefully monitor their BBAs during this time period.  Note: The multi-year labor encumbrances representing salary and fringe charges to be incurred in future fiscal years on grant and federal agriculture funds will NOT be liquidated.

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