The cut-off date for old year asset updates, creations and dispositions, and any necessary asset year-end accruals is June 28th. Supporting documentation should be received by Property & Equipment Accounting at Campus Box 1147 by 3:00 p.m. on June 28th for timely approval of any outstanding asset creations.
Beginning July 1st, only new year documents are allowed and may only affect assets purchased in the new year. The Asset System will be closed to all activity beginning on July 5th to run year end processes and will reopen the morning of July 11th.
Note: During the two-year environment, the setup fiscal year of the assets must match the fiscal year of the document.