Harvard's fiscal year 2018 will end on Saturday, June 30, 2018. As in the past, the University will close the books through a series of steps called "closings." Click here for a printable version of the Summary Schedule for FY2018 Transactions and Reporting.
Please note the FY2018 year end closing dates:
First closing Friday, July 6th
Second closing Friday, July 13th
Third closing Friday, July 20th
In the following paragraphs, you will find closing deadlines and submission information for these financial transactions:
Vendor Setup, Maintenance & Reactivation
Credit Vouchers (Cash Receipts)
Credit Vouchers (Validated Deposit Slips)
Massachusetts Taxable Sales Deposits
Foreign Check Deposits on Credit Vouchers
Foreign Currency Drafts and Wires
U.S. Wire Transfers
ACH Payments (Benefits/Tax)
Purchasing Card Sweeps
Web Reimbursement Travel Authorization Forms (WV-TAFs)
Web Reimbursement Reports with Advance Settlements
Central Accounts Receivable Billings
Cost Transfer Requests on Sponsored Funds
Chart of Accounts Maintenance Requests
Year-end Reporting Guidance & Tips
Note: In order to allow the tubs more time to process manual and spreadsheet (ADI) journal entries on the day of the first 3 closings, the manual/ADI journal entry deadline will be 2:00 p.m. Any journals entered into the General Ledger by 2:00 p.m. will be included in that close and will be available in the HDW the next day.... Read more about Fiscal Year-End 2018 Issue
There will be two financial closes for December. The first one, open to all University financial system users, will occur per the usual process on the 5th business day after the December calendar month close on Monday, January 8 at 9 a.m. The second close, open only to the tubs’ central finance offices and to Central Administration, will occur on Tuesday, January 16.
Harvard's fiscal year 2017 will end on Friday, June 30, 2017. As in the past, the University will close the books through a series of steps called "closings." Click here for a printable version of the Summary Schedule for FY2017 Transactions and Reporting.
To ensure that all necessary approvals are in place and all accounting entries are completed in time, appropriate CAPS forms must be submitted to Central Administration by your School/Unit's Authorized Requestor through the CAPS automated system by the dates set forth below.
Friday, May 9th - Completed Project Proposals (PPs) and Construction Authorizations (CAs) submitted by this date will be processed, and CIP activities enabled...