April 30, 2013 Fiscal Year-end Closing

PDAD&C# 46, 2012-13

 

To: 

Principals, Deans, Academic Directors and Chairs
Divisional Business Officers via AMS listserv
Divisional Financial Officers via DFO listserv
 

From:   

Pierre Piché, Controller and Director of Financial Services
Date:  March 18, 2013 
Re:  April 30, 2013 Fiscal Year-end Closing 

As we approach the end of the 2013 fiscal year, it is important to ensure that all financial activity for the year is accurately recorded in your accounts prior to closing the accounts. In order to assist you, please refer to the following pages on the Financial Services website:

The following link provides a detailed explanation of year-end accounting guidelines, reporting requirements (including divisional reserves), AMS system availability and available training sessions. Please note that AMS will close for year-end processing on Friday, April 26, 2013 at 7:30pm:
http://www.finance.utoronto.ca/gtfm/fm/reporting/fyclose.htm

For a detailed listing of submission deadlines and contact information:
http://www.finance.utoronto.ca/gtfm/fm/reporting/fyclose/yedeadlines.htm  

Instructions for special processing and reporting after year-end closing (April 27 to April 30, 2013):
http://www.finance.utoronto.ca/Assets/Finance+Digital+Assets/gtfm/fm/amsmatrix.pdf

Specific questions may be referred to the following individuals:

Accounting Services  Lou Ranalli  978-8185
Restricted Funds  Helen Choy  978-2981
Training Sessions  Rames Paramsothy       978-4675
AMS Availability  Lorena Gaudio  978-2802
High Value Purchases        Tanya Petrovic  978-5458
UShop  Fengli Qiu  978-2990