Year End Closing
| Activity | Date | Description | Finance Activity | |
|---|---|---|---|---|
Final ACD Bi-weekly payroll completed |
Final ACD bi-weekly payroll (6/2 - 6/15) to be posted to FY25 will process on June 18. Payroll Accounting Adjustments related to the pay period have to be entered by or in OSP's queue (PAA's related to Grants) by 6/20/25. No PAAs can be initiated after 6/20/25. Users can resume entering PAAs on 7/3/25. |
Payroll | ||
Last day to enter Payroll Accounting Adjustments for Grants |
|
Payroll | ||
Last day to enter non-Grant Payroll Accounting Adjustments |
Non-Grant Payroll Accounting Adjustments have to be approved by 6/27/2025 at 4pm or they will have to be cancelled by UVA Finance. There is no recourse in the current fiscal year. Users can resume entering PAAs on 7/3/25. |
Payroll | ||
Last day for Payroll Costing Allocation updates |
Last day for Workday Payroll Costing Allocations additions/changes for MC Bi-weekly and UPG Bi-weekly (6/8-6/21) to be completed on 6/25 and ACD Bi-Weekly (6/16 - 6/29) to be completed on 7/2. There will not be time for PAAs related to these payroll runs in the current fiscal year as PAAs cut off on 6/20. Departments need to assure Costing Allocations are up to date and correct before payroll runs are completed. Users can resume entering PAAs on 7/3/25. |
Payroll | ||
Final MC and UPG Bi-weekly complete |
Final MC Bi-weekly and UPG Bi-weekly (6/8 - 6/21) completed. Payroll Accounting Adjustments related to the pay periods have to be entered in the new fiscal year as PAAs cut off on 6/20. Users can resume entering PAAs on 7/3/25. |
Payroll | ||
Last day to approve non-grant Payroll Accounting Adjustments |
All unapproved PAAs will have to be cancelled by UVA Finance. Users can resume entering PAAs on 7/3/25. |
Payroll | ||
Final UPG and ACD Monthly completed |
Final UPG and ACD Monthly (5/25 - 6/24) completed. ACD monthly will post to 6/24/2025 (FY25). Payroll Accounting Adjustments related to the pay periods have to be entered in the new fiscal year as PAAs cut off on 6/20. Users can resume entering PAAs on 7/3/25. |
Payroll | ||
First ACD Bi-weekly (6/16 - 6/29) payroll completed |
ACD Bi-weekly (6/16 - 6/29) completed. Will post to 7/1/25 (FY26). Users can resume entering PAAs related to this pay period on 7/3/25. |
Payroll | ||
Payroll Accounting Adjustments for new fiscal year are open |
Users can resume entering PAAs to post to FY26.
|
Payroll |