The 2020-21 fiscal year ends on June 30, 2021. System Administration will soon begin their annual year-end processing for the University system. It is anticipated that the Financial Management System, used for procurement and accounts payable, will be unavailable from close of business on June 29, 2021 through approximately July 4, 2021. Please note that these are the estimated dates given to us by System Administration and are not guaranteed dates. This is part of the normal year end process that occurs each year. We will provide status updates as we receive them.
What this means to you:
- All Purchase Requisitions received by the Procurement Office will be held until the 2021-22 year and will be recorded against the 2021-22 budget/allocations. Please take this into account when making your 2021-22 budget requests. It is anticipated, but not guaranteed, that we will be allowed to enter Purchase Requisitions on approximately July 5, 2021.
- P-Card transactions should also be held until the 2021-22 year. Please make sure that cards are reconciled as soon as possible prior to June 29, 2021.