myUNB News
News for Faculty and Staff

Fiscal Year End is fast approaching-FR and SJ

Author: myUNB News

Posted on Mar 15, 2018

Category: News and Notices

The University’s fiscal year end is April 30, 2018 and the planning has started with the release of the Year End Processing memo which is now available on the Financial Services web site.  It contains many important deadlines concerning the processing of payroll payments, travel claims, personal reimbursements, vendor invoices, petty cash and much more.

It is very important for all faculty and staff to read the memo and be aware of the important deadlines.  Please access the Financial Services News & Events section on our website for the link to the memo.

This notice pertains to any faculty, department, Centre or Institute that have financial transactions processed through UNB’s financial system.

For any questions, please contact Debbie Tyler at 458-7832.

Research Accounts

This is also to remind all research account holders that March 31st is year end for both the provincial and federal levels of government, and therefore the spending deadline for most government, or government related grants, contracts and other agreements.  If your agreement ends on March 31st, all expenditures must be completed in March.  If you are not in the final year of your agreement, all expenditures are still required to be incurred by March end for interim reporting.

Note – Purchase Order encumbrances do not constitute the incurrence of an expense, and cannot be used for financial reporting purposes as such.

If you have any questions about your particular research account, please contact the Office of Research Services at 453-4674.

 

Article Contact Information

Contact: Cindy M. Flann

Email Address: cflann@unb.ca