Number: 
03-150-401
Type: 
Rule
Policy Steward: 
Manager of Student Account Services
Format Updated: 
University Policy & Standards Converted: 
Status: 
Current
Revision Date: 
Thursday, December 9, 2010

* This information replaces FIS 801-01 Fiscal Year End Processing of Cash Receipts

 

Each year, the Office of Business Affairs distributes Year End Closing instructions with specific dates and deadlines for that year.

All cash receipts must be received by the Cashiers Office by noon on the last working day of June, for inclusion in the current fiscal year accounting records. Deposit all cash receipts in a timely manner. Do not accumulate receipts for one final deposit.

Off campus locations (e.g. Ag Experiment Stations and Extension offices), after making the final deposits at the bank, must provide detailed receipt information, including the final deposit information, to the Cashiers Office by noon on the last working day of June. Do not follow fax or e-mails with a hard copy. Cashiers Office closes at 3:00 PM on that day.