Year End Policies

As fiscal year end (June 30th of each year) approaches, there are special dates circulated by Purchasing and Payable Accounting. Please contact these offices for relevant purchase order and check run cutoffs.

Depending on your cost center number, several different things may happen to your balance at year end:

2xxxx The balances will be reviewed and rolled forward as deemed appropriate.
4xxxx
5xxxx
64xxx
66xxx
8xxxx
The balance will be carried forward to the new fiscal year in GL account number 599800.
61xxx-63xxx
65xxx
70xxx-77xxx
The transactions roll forward to the new fiscal year.
Central Michigan University • 1200 S. Franklin St. • Mount Pleasant, Mich. 48859 • 989-774-4000