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Fiscal Year 2004-2005 Summary of Closing Deadlines in Date Order

OUS » Controller's Division » Accounting & Reporting » Closing of the Books » Summary of Closing Deadlines

* NOTE: 
If a preformatted schedule is provided, please return the information to us in that format.  The information requested could have changed from the prior year so review the new schedule formats before beginning your work.  If you have questions, please call Mary Gaffney at (541)737-9550, or Paul Bartlett at (541)737-4361.
 
Due Date Related
Detail
  Related Schedules *
05-27-05
5:00 PM
FS.3 Compensated absences information
  • Post all leave data to Banner; reflect accrual through May taken through April
 
 
06-30-05
5:00 PM
CB.8 Purchase requests & orders, including contract release orders, for goods and services received by June 30, 2005, processed, approved, and posted  
CB.12 Cash receipts and deposits  
EA.1 CB.6
CB.12
Accounts receivable listing
  • Backup SIS TBRACCD table after all FY 2005 activities and application of    payments
EA.1
07-01-05
8:00 AM
CB.10 Personnel/payroll - for June manual payments, including adjustments
  • Aggregation of pay items June manual checks will be aggregated Wednesday, June 30
 
 
07-11-05
5:00 PM
CB.11 Inter-institutional journal vouchers between institutions
  • Processed at institution
 
 
07-12-05
5:00 PM
FA Run FFPDEPR - depreciation for June 30, 2005  
FA Post June accumulated depreciation prior to period 12 close  
CI.1 Two-year old outstanding revolving fund checks CI.1
  Close Period 12
Period 12 should not be closed prior to or after this time (exceptions need to be approved by the Controller's Division)
 
 
07-15-05
5:00 PM
FS.2 Unpaid obligations/liabilities (leases and retainage)
  • Operating leases
  • Capital leases
  • Cash retainage on construction

FS.2.a
FS.2.b
FS.2.c
CB.11 Inter-institutional journal vouchers between OUS and institutions
  • Processed at institution
 
 
07-19-05
5:00 PM
FA Run Fixed Assets reports to aid in reconciliation  
FS.4 Pledges of gifts  
 
07-21-05
5:00 PM

 
FA Run FWRFAAX - replacement/insurance value inflation program for 2005  
CB.11 Inter-institutional journal vouchers
  • Processed at Controller's Division
 
CB.3 Clearing Physical Plant prepaid expenses  
CB.1 Eliminating overdrafts  
CB.7 Proper coding of federal funds  
CB.8 Close non-rolled encumbrances/reservations  
FS.6 Non-expendable property received through gifts and construction  
FS.7 Monographs, serials, periodicals, films, museum collections, etc.  
FS.9 Stores inventories FS.9
 
07-22-05
5:00 PM
CB.5 Eliminating inactive operating funds  
 
07-26-05
5:00 PM
CB.13 Accrue Grants and Contracts receivable  
CB.2 Zero balancing clearing funds  
CB.4 Reclassifying summer session income and expenses  
CB.6;
EA.1
Recording uncollectible accounts receivable, miscellaneous grants/SIS  
EA.1.a Accounts receivable listings
  • Submit an aged detail listing supporting SIS accounts receivable as of    June  30 with GL reconciliation

EA.1
CB.9 Accrual of liabilities and expenses  
FS.11 Cash held in trust  
FA Run FFPDEPR - Fixed Asset Depreciation process for June 2005  
FA Run FWRNIPR - Fixed Assets reconciliation as needed  
  Close Period 14
Period 14 should not be closed prior to or after this time (exceptions need to be approved by the Controller's Division)
 
 
07-29-05
5:00 PM
 
FS.12 Carrying amount of cash and cash equivalents FS.12
FS.1 Invoices payable detailed listing with GL reconciliation  
EA.1b
EA.1c
Detail and aging of Other A/R
Detail and aging of Grant/Contract Receivable
 
FS.8 Buildings and grounds - improvements and adjustments > $5,000  
FA Run Fixed Assets reports to be forwarded to the Controller's Division  
 
08-01-05
5:00 PM
FS.5 Revolving fund report  
CI.2 Designated operating funds report - carry forwards
Designated operating funds report - excess fund balances
CI.2.a
CI.2.b
 
08-08-05
5:00 PM
FS.10 Report of foundation net worth  
FS.13 Operating lease receivables
  • Schedule of future lease receivables
  • Schedule of leased asset information
FS.13.a
FS.13.b
 
08-15-05
5:00 PM
CI.3 Abandoned property in agency funds  
 
08-22-05
5:00 PM
EA.2 Allowance for doubtful accounts - method of calculation for (1) student accounts   
EA.3 Detail of Perkins loans notes receivable reconciled to GL  
EA.4 Scan post-closing check registers for items over $250,000  
EA.5 Detail listing of inventory reconciled to GL  
 
9-26-05 FS.10 University Foundation audited financial statements  
 
OPEN CI.4 Account reconciliations and detail lists  
   CI.5 Check stock control procedures  
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