After the fiscal year is closed, there is a brief period when adjustments can be made in order to address budget deficits.
See the current year-end adjustment window on the Year-End Closings page.
Here are a few guidelines to note:
- Transfers should be the primary activity being performed.
- Do not change the fund source.
- All transactions will be routed to central finance for approval.
- Activity during the adjustment timeframe will not be seen in new fiscal year balances until August 1.
When completing the Accounting Journal:
- Accounting Date: Select a date between June 1 and June 30.
- Book code (manual journal): Year End Adjustments
- Book Code (bulk upload journal): Book_Code_Year_End_Adjustments
Questions or concerns? Contact us at askfinance@virginia.edu.