To ensure timely submission, all financial reports and billings for contract and grants accounts are based on expenditures incurred up to and including first close, July 6, 2020. Therefore, ORA will disapprove any year-end adjustment documents processed during second close.
Do not initiate any FY 2020 year-end documents after the first close July 6, 2020.
Please see the FMS Year-End calendar for more information.
