Please be mindful of Finance deadlines
Following are important deadlines from the Finance office.
Deposits
End-of-the-fiscal-year deposits to be included in this year’s budget must be in Finance no later than June 28, 2020. Checks dated prior to June 30 must be deposited in the current fiscal year. Please look around your desks and file cabinets to see if there are any lingering items that need to go to the bank. If you are taking vacation during the July 4 holiday, please send your deposits over BEFORE you leave.
Petty Cash
Please submit all petty cash reconciliations to the Finance department by today (Monday, May 18). Remember to submit all receipts, cash and reconciliation reports before this deadline.Â
Purchase Orders
The end of the fiscal year is approaching, and with that we would like to inform you of a few requirements for year-end purchases. First and foremost, please refer to the recently posted Purchasing Policy. Please remember that if you order goods and services, they need to be physically received/completed by June 30, 2020.
Goods and services received after June 30, 2020, will be charged to the 2020 student year. Therefore, all Purchase Requisitions/POs for this fiscal year need to be entered by May 29, 2020.
George Fox Visa cards can be used until June 1, 2020. Concur Expense Reports and Visa Reports for 2019-20 must be submitted by June 30. Any reports created and submitted after July 1 will be reflected in the 2020-21 budget.
To ensure a clean cut-off between FY2019-20 and FY20-21 spending, the last day to use your university Visa card for FY20 purchases is Monday, June 1, 2020. Please refrain from using your card for any purchases after this date.