1. FY 2019 Close Schedule Bi-Weekly Payroll governs close schedule
Month
Journal Entries
Payroll Allocations
Period Close
JULY 2018
Friday, Aug 24
Wednesday, Aug 29
Friday, Aug 31
AUGUST
Friday, Sep 21
Wednesday, Sep 26
Friday, Sep 28
SEPTEMBER
Friday, Oct 19
Wednesday, Oct 24
Friday, Oct 26
OCTOBER
Monday, Nov 19
Monday, Nov 26
Friday, Nov 30
NOVEMBER
Monday, Dec 17
Monday, Dec 24
Friday, Dec 28
DECEMBER
Friday, Jan 25
Wednesday, Jan 30
Friday, Feb 01
JANUARY 2019
Friday, Feb 22
Wednesday, Feb 27
Friday, Mar 01
FEBRUARY
Friday, Mar 22
Wednesday, Mar 27
Friday, Mar 29
MARCH
Friday, Apr 19
Wednesday, Apr 24
Friday, Apr 26
APRIL
Monday, May 20
Monday, May 27
Friday, May 31
MAY
Monday, Jun 17
Monday, Jun 24
Friday, Jun 28
JUNE
TBD
Wednesday, Jul 31
Saturday, Aug 10
Bi-Weekly Payroll governs close schedule
95% of PR journals post within 7 days of pay period end date
Accounting periods scheduled to close twenty-one days after end of pay period containing final prior month workday
Example: PPE Aug 10 contains Jul 28-31
Add 21 days, close Aug 31
AR/AP entries recorded by WD 8
Close Period at end of week, off-hours
Have provided more time for October, November, April and May Closes
Close FY19 Aug 10
15 APRIL 2018