Foundation Year-End Calendar Reminders

Accounts Payable

Submit any pending invoices and payment authorizations ASAP. If you need a check issued prior to June 30, submit payment authorizations and invoices by no later than 3 p.m. on June 15.

Purchase Order Requests

Submit by 3 p.m. on May 27. This is an important deadline if your grant or contract expires or ends on June 30, 2021.

Reimbursed Release Time (RRT)

Submit by 5 p.m. on May 10.

Cash Receipts

Submit by 3 p.m. on June 28.

Journal Entries

For journal entries as of June 30, submit by July 7.

Salary Cost Transfers (for Effort Reporting)

All payroll transactions, journal entries for salary transfers and cost share documentation to be included in the spring 2021 effort certification period must be received by July 23, unless your grant/contract requires an earlier close-out period. Salary cost transfers received after July 7 will not be able to be included as part of FY 2020-21.

These deadlines apply to all Foundation trust accounts irrespective of the fund source.

If you have any questions, please contact Foundation Financial Services at 559.278.0850.