Sent to the KFS-Update mailing list on July 5, 2018
All campus units must submit their accruals and deferrals, final budget alignments, and error corrections no later than Wednesday, July 18. Please note that this deadline falls on a Wednesday this year. No exceptions will be made. Departments must close the fiscal year in a solvent condition. All KFS documents must be in Final status to be included in the period.
Non-Final Period 12 and Period 1 Documents will be Cancelled
At the end of the day on July 18, any GEC, BA, BAT, YEDA, or AV documents for Period 12 of 2017-18 and Period 1 of 2018-19 that are not in Final status will be canceled by the system. It is recommended that any fiscal year 2018-19 documents be initiated after July 18 to avoid unintended system cancelation. If a transaction in a canceled document should be recorded in Period 1, it will have to be re-entered or copied.