1 Accounts Payable Year-end Close Update Robert Valenson, Supervising Accountant Accounts Payable and Vendor Code, GAD.

Slides:

Advertisements

Similar presentations

Accounts Payable Round Tables

Advertisements

THE OFFICE OF FINANCIAL SERVICES Budget Authority Training.

Cash Receipts, Wire Transfers and Zero Balance Account TCRs Downtime Procedures for Fiscal Year 2007 Presented By: Susan Porte Senior Accountant.

ProcureAZ 11 Invoices.

Chapters 8 Acquisition and Expenditure Cycle Accounting 4081Chapters 8.

United Nations University United Nations Development Programme UNU Atlas Implementation Project Atlas Briefing Sessions – Tokyo Mar 2009 Requisitions,

FI$Cal Change Discussion Guide Accounts Payable Guide March 2015.

Year End Obligations Legal Basis Reporting Workshop May 2009.

GeorgiaFIRST Financials 9.2 Accounts Payable: How It Will Be Different

Chancellor’s Office Accounts Payable Activities for Year-End Closing Lauri Reilly Accounts Payable Manager, Chancellor’s Office Year-End Legal Training.

New York University School of Medicine 2006 Year-End Closing Schedule for Accounts Payable and Purchasing Services.

Asset Processing Property Control Website URL:

Mike Castillo Director of Central Services Asset Processing.

Year-End Closing of the Books Fiscal Year Dates to Remember: June 30 Last day of FY14 July 8 Period 12 closes at 5:00 p.m. July 15 FY14 campus Banner.

Module 9 (POD 252) Year-End Close Processes for Financial Services, Budget and Payroll April 10, :00 AM - 11:00 AM CP-700.

COUNTY OF RIVERSIDE OFFICE OF THE AUDITOR-CONTROLLER Capital Assets – Annual Certification April 20, 2006.

Before and After: Looking at the Changes in Business Processes.

SPC 2012 Year-End Closing Calendar Also see “Fiscal Year End Guidelines” On the Business Services website Under “Accounting” Color codes: Blue=

TRAINING Accounts Payable Year End Close Process Presented by: Sandra King, Office of Business Services.

SPC 2008 Year-end Closing Calendar Also see “Fiscal Year End Guidelines” On the Business Services website Under “Accounting” Color codes: Blue=

Year-End Closing of the Books Overview of Closing: - Why? GAAP – Generally Accepted Accounting Principles. End of the business cycle: –State.

1 COUNTY OF RIVERSIDE OFFICE OF THE AUDITOR-CONTROLLER Accounts Payable (AP) Accrual Reggie Arhin April 21, 2005.

Brought to you by: Rose Ellis-Budget Director-College Operations-Ext Cathy Nolan-Budget Accountant-College Operations-Ext.5604 Greg Holmes-Chief.

SUNDAYMONDAYTUESDAYWEDNESDAYTHURSDAYFRIDAYSATURDAY FY 2015 Year-End Dates May 2015.

Georgia Institute of Technology Fiscal Year 2008 Year End Town Hall Meeting March 26, am - 11am Student Services Building, Room 117.

FYE June 30, 2015 FISCAL YEAR-END PROCEDURES. BUDGET VS.FINANCIAL STATEMENTS YEAR END PROCESS.

Year-End Closing of the Books Overview of Closing: - Why? End of Business Cycle Federal & State Requirements Snapshot in Time Yearly Reporting.

ENCOMPASS High Volume Process Instructor: –Gerri Williams 8/17/2011.

Year-End Closing of the Books Overview of Closing: - Why? GAAP – Generally Accepted Accounting Principles. End of the business cycle: –State.

Auxiliary Financial Statement Training Session For Fiscal Year Presented by: Finance and Accounting General Accounting.

Year-end Planning Calendar Key Information Roles/Responsibilities Next Steps 1.

Integration Points Basic Setup Payroll Processing Key Implementation Tips Session focus.

Presented By: Barb Shafer & Heather Hanna Business Services & Financial Services Presents: Updated

ENCOMPASS Voucher Build Process

SPC 2011 Year-end Closing Calendar Also see “Fiscal Year End Guidelines” On the Business Services website Under “Accounting” Color codes: Blue=

1 Accounts Payable Year End Procedures Presented by Kristie Gonzales.

© Account Payable Sage ACCPAC 30 th June 2010.

Agency (BU) Approver Training State of Indiana Instructor: Brian Woods.

5 levels of SOA Governance Business Domain Governance Portfolio Governance Technology Governance Project Governance SLA Governance Strategic Tactical.

SPC 2013 Year-End Closing Calendar Also see “Fiscal Year End Guidelines” On the Business Services website Under “Accounting” and on SharePoint Codes: BOLD.

0 Higher Education Federal Tax Payments, General Ledger and Accounts Payable Training NOVEMBER 3, 2015.

Georgia Institute of Technology Fiscal Year 2007 Closeout Town Hall Meeting March 22, am - 11am Student Services Building, Room 117.

FYE June 30, 2014 FISCAL YEAR-END PROCEDURES.  Dates are important in two places for fiscal year end closing: Voucher Date Invoice Date  Do not automatically.

County of Riverside ■ Office of the Auditor-Controller FY 2008 CAFR/Audit Highlights Robert E. Byrd, CGFM County Auditor-Controller.

DISBURSEMENTS AND TRAVEL SERVICES (DTS) & PROCARD/TRAVEL CARD ADMINISTRATION (PTCA) Critical Yearend Deadlines FAR 08/12/14.

Clinical Research Coordinator Fundamentals Course Remuneration (Clincard) Laura Vinci, RN, MBA Senior Director of Operations Jefferson Clinical Research.

Georgia Institute of Technology Fiscal Year 2006 Closeout Town Hall Meeting March 21, am - 11am Student Services Building, Room 117.

Auxiliary Financial Statement Training Session For Year End 2012 Presented by: Finance and Accounting General Accounting.

Year End Close Meeting April 27, Upcoming Deadlines Last day to submit requisitions for purchases requiring documented quotes. Required for purchases:

FI$Cal Change Discussion Guide Accounts Payable Guide April 2016.

FYE June 30, 2016 FISCAL YEAR-END PROCEDURES. BUDGET VS.FINANCIAL STATEMENTS YEAR END PROCESS.

Year-End Closing of the Books FY Dates to Remember: Thursday, June 30 th Last day of FY16 Monday, July 11 th Period 12 closes at 5:00pm Monday,

Acquisition and Expenditure Cycle

Invoice Verification Workflow

Accounting News Office Professionals Meeting August 7, 2016

Fiscal Year-End Review Session

DIRECT PAYS BANNER 9 ADMIN PAGES DISBURSEMENT SERVICES

Auditor-Controller’s Office

Fiscal Year-End Procedures

Fiscal Year-End 2018 Procurement Service Center (PSC)

Schedule I - Accounts Payable / Other Liability

Office of the State Comptroller Fiscal Year End Meeting

Invoice Date & AP Voucher Entry

Year-End Closing of the Books FY 2018.

Auditor-Controller’s Office Presented By: Gladys Smith

Auditor-Controller’s Office Presented By: Esteban Hernandez

Enhancement Notification Release 5.4

Closing of Books Business Services May 8, 2019.

Controller’s Updates.

DIRECT PAYS BANNER 9 ADMIN PAGES ACCOUNTS PAYABLE

Presentation transcript:

1 Accounts Payable Year-end Close Update Robert Valenson, Supervising Accountant Accounts Payable and Vendor Code, GAD

2 Year-end Close Department Roles 6/18 - Department Approvers will sign actual signature on invoices submitted to the ACO. 6/20 - All Revolving Fund reimbursements due to the ACO by EOD. 6/22 - Last day to enter FY 2007 vouchers with all A/P doc’s due to the ACO by EOD. 6/29 - All Journals, Capital Assets & Interfaces, not approved & posted will be deleted. 6/29 thru 7/3 - Wire downtime procedures in use.

3 Year-end Close Department Roles FQA’s 6/21 - Review outstanding voucher query report. 6/25 - All incomplete vouchers will be deleted & departments will re-enter into 8.8 after 7/5. 6/25 - No Vendor Code set up in /2 - FY 2008 Departments Signature List is due to the ACO. 6/25 thru 7/3 - A/P downtime procedure for emergency payments based on priority & approval. 7/5 - All vouchers entered into 8.8 must reflect appropriate invoice date for the A/P accrual journal processing.

4 Year-end Close Oasis Roles 6/21 - Last day for one-time vendor interface. 6/21 - Web Vendor Interface turned off EOD for FY /22 - Last RMC nightly Inventory interface in /22 - Turn on voucher pre-approval (FOR THIS DAY ONLY) at 6:00 am. 6/23 - Last run for Zero Dollar Voucher in 7.5. No Vendor information loaded into DPSS C-IV system.

5 Year-end Close ACO Roles 6/22 - All Voucher Documentation due to the ACO by EOD. 6/23 - Final pay cycle in 7.5 for vouchers entered in FY Warrants processed through schedule due date of 7/6. 6/28 - Last day for A/P voucher interfaces (W/C, E/C, P/T, & Garnishments). 6/28 - Last day to process Stops, Cancels, or Replacement warrants. 7/2 - FY 2008 Signature List due to ACO before release of warrants.

6 Year-end Close ACO FQA’s 6/22 - All incomplete vouchers will be deleted in 7.5 & departments need to re- enter into 8.8 system. 6/25 thru 7/3 - ACO will exercise A/P downtime warrant procedure. 7/5 - ACO will process same day warrant requests by priority and approval.

7 Accounts Payable & Vendor Code Sections Questions ?