FMS Update: July Fiscal Month Has Closed

Financial Services has announced that all FY18 conversion-activity has rolled into the FY19 Beginning Balance; the July fiscal month has closed. Adjustments to Workday Grants can still be managed through the payroll redistribution and/or non-payroll cost transfer processes.  Please note that there is a standard time limit on cost transfers on Grants. The standard 90-day window is calculated by counting 90 days from the Month-End Close Date of the month in which the expense posted. The Cost Transfers page on the ResearchAdmin website is being updated to align with recent changes and the RA Community will be notified once the updated page has been launched.

Financial Services has added a Month-End Close Status log to the FMS Reference Materials page so that users can track the status of future month-end close dates.