Fiscal Year 2023 - June Close
June 30, 2023 is the end of the University of Colorado's fiscal year. Financial statements as of that date will be prepared for audit and publication. Each school or department plays a critical role in ensuring that all financial transactions for the fiscal year are entered correctly into the PeopleSoft (PS)/general ledger (GL) and are in conformity to Generally Accepted Accounting Principles (GAAP). Campus financial statements and reports (including assets, liabilities, revenues, and expenditures) should be correctly stated for the Fiscal Year ending 6/30/2023.
| Journal Entry and CU-Data Reports | Critical Dates |
| Last day to submit JEs and PETs requiring OGC approval to ensure posting for the 1st close. | 6/30/2023 |
| Campus first close. | 7/6/2023 |
| First close reports are available. | 7/8/2023 |
| Last day to submit JEs and PETs requiring OGC approval to ensure posting for 2nd close. | 7/11/2023 |
| Campus 2nd close. Final close for PETs and CU Medicine's fund 80's and fund 35's. | 7/13/2023 |
| 2nd close (Period 996) reports are available. | 7/15/2023 |
| June Period 998 reports are available. | 7/27/2023 |
Helpful Resources
- Year-End Memo and Schedule (Finance Office)
- Year-End Town Hall
- Procurement Service Center Year-End Packet
- Example of FYE Accruals (video)
- How to Create a FYE Accrual Entry (video)
Contact Information
- Finance Office - for questions regarding year-end processes or deadlines.
- PSC - for procurement related questions.