Monthly Closing

Accounting journal entry postings (including payroll, postage, telephone, various chargebacks and general journal entries) are expected to be completed and posted to the PeopleSoft General Ledger by the eighth business day of the following month with the exception of July and August which should be closed by the tenth day.

The last day for departments to record or submit any additional manual accounting journal entries is the fifth business day of the following month.

General Accounting will submit FIRMS to the Chancellor’s Office by the 10th day of the following month with the exception of July and August which will be submitted by the 12th day.

If additional retroactive adjustments for a prior closed month are determined to be needed, they will be recorded in a current open monthly period. 

For more information contact Accounting Services at 559-278-2876.