We’re extending part of the fiscal year end schedule to give central units time to process financial activities that must be reported to the state. FY21 will still close in Workday today.
What this does impact is the amount of time before you’ll see the roll forward of assets, liabilities, and retained earnings. We are targeting completing processing by July 19. We will inform you once carryforward is posted and available in Workday.
Fiscal year end close has proceeded according to plan so far, and processes are working correctly in Workday.
Visit the Fiscal Year End web page anytime for the latest updates and information.
Note: This information also went directly to Finance and Administrative Officers.