Sent to the AFS-Update mailing list on July 10, 2020
All campus units must submit their accruals and deferrals, final budget alignments, and error corrections no later than Friday, July 17. 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.
Cancellation of Non-Final Period 12 & 1 Docs
At the end of the day on July 17, any GEC, BA, BAT, YEDA, or AV documents for Period 12 of 2019-20 and period 1 of 2020-21 that are not in final status will be canceled by the system.
It is recommended that any fiscal year 2020-21 documents be initiated after July 17 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.