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General Accounting will close each fiscal period in Workday on the 5th business day of the followingcalendar month. Remember Saturday, Sunday and Holidays are not considered business days, for actual closing dates please see the chart below.

All month end entries and uploads must be submitted to General Accounting by the 2nd business dayof the following month. If your entries are not submitted by this deadline, the entry will be posted tothe following month.

All entries and uploads must be posted by 12p.m. on the day of close. An email will be sentfrom GeneralAccounting@ÍÃ×ÓÏÈÉúOH.edu the day before close as a reminder of this posting deadline.

As a reminder, the monthly finance reports are no longer sent via email. You will need to log intoOracle Business Intelligence (BI) to run the monthly reports from the Financial Information dashboard.

The BI system updates one day after Workday so the final numbers will be available in BI the followingbusiness day after close.

Effective 7/1/2020, we will be changing the JV and upload policy. As of FY21, departments will have 90 days from the date of the expense to submit requests for corrections or reclassification between accounts. Please note that General Accounting will deny requests that are beyond the 90 days. Exceptions may be made only if there is a valid reason, such as an expense charged to a fund that is not permitted. An example of this would be alcohol charged to an operating/E&G fund.

The labor redistribution policy will also be changing effective 7/1/2020. As of FY21, Labor Redistributions must be submitted within 90 days and will be processed in the appropriate month. If they are older than 90 days, they will not be processed. Labor Redistributions for May and June expenses ONLY must be submitted by July 2. Any received after the deadline will be processed in July of the following fiscal year provided they are within the 90-day requirement.