Fiscal year end is June 30, 2025. To prepare, please review some key highlights below.
- By May 30, 2025, at 5 p.m., all transactions posted to your income and expense statements between Dec. 1, 2024, and April 30, 2025, must be reconciled. If a transaction has been posted incorrectly and requires a salary adjustment or non-salary adjustment, that correction must be submitted through financials by May 30, 2025 at 5 p.m. All salary adjustments and non-salary journals for transactions that occurred prior to February will require a Late Cost Transfer Form
- The preliminary June close is June 30, 2025 at 5 p.m. and is dedicated to correcting May activity. All salary adjustments and non-salary journal entries for months other than May 2025 will require a Late Cost Transfer Form. All salary adjustments and non-salary journals must be submitted by June 30, 2025 at 5 p.m.
- The final June close is July 10, 2025 at noon. Salary adjustments and non-salary journals must be submitted by this time. The final June close should only correct preliminary June activity. According to recent office data, the No. 1 reason a LCT is requested is missing a hard close deadline. This alone is not an acceptable justification for requesting a LCT. To help avoid LCT requests, we’ve posted the calendar on our website.
Keep your eye out for information on correcting salary variances. Your management center will provide this information.
Please contact Angela Tagliaferri at axt249@case.edu if you have any questions or comments.