Some Key Accounting Dates
Description Date
Year-End Closing Schedule distributed to agencies June 1, 1998
Deadline for agencies to submit information on contact person for GAAP closing packages to Central State Finance Division June 1, 1998
Preliminary Chart of Accounts distributed to agencies June 11, 1998
GAAP forms and manual revisions distributed to: Agencies:
June 26, 1998

Universities:
July 24, 1998
Agencies that have not yet received new closing package forms and update pages for Agency GAAP Closing Package Manual should call 734-2616 June 30, 1998
Deadline for completed Master Closing Package forms to be received by Central State Finance Division July 15, 1998
5:00 PM
Last day to accept FM13 Disbursement Vouchers, IDT's and Journal Vouchers July 20, 1998
Date appropriations with no carry-forward provisions will lapse July 31, 1998
Deadline for completed forms for the following closing packages to be received by Central State Finance Division:
  • Cash and Investments
  • Compensated Absences
July 31, 1998
5:00 PM
Deadline for completed forms for the following closing packages to be received by Central State Finance Division:
  • Litigation
  • Grant/Entitlement Disallowances
August 3, 1998
5:00 PM
Year-End Press Conference August 14, 1998
Date FM13 and FM01 STARS Reports will be distributed August 14, 1998
12:00 noon
Deadline for completed Miscellaneous Loss Liabilities and Loss Contingencies Closing Package forms to be received by Central State Finance Division August 17, 1998
Deadline to submit data for the Out-Of-State Travel Report August 21, 1998
Deadline for completed forms for the following closing packages to be received by Central State Finance Division:
  • Tax Revenues
  • Miscellaneous Revenues
  • Loan Receivables and Miscellaneous Receivables
  • Inventory
  • Operating Leases
  • Operating Leases-Lessor
August 31, 1998
5:00 PM
Audit Verifications for local governments provided to accounting firms September 11, 1998
Policies and Procedures (STARS) Manual updates distributed September 11, 1998
Deadline for completed forms for the following closing packages to be received by Central State Finance Division:
  • Accounts Payable
  • Interfund Transactions
September 15, 1998
Deadline for completed forms for the following closing packages to be received by Central State Finance Division:
  • Grant/Entitlement Revenues
  • Fixed Assets Overview
  • General Fixed Assets
  • Fund Fixed Assets
  • Fixed Asset Additions
  • Fixed Asset Intra-State Transfers
  • Claims
September 30, 1998
5:00 PM
Deadline for Higher Education institutions to submit data for the Dual Employment Report October 16, 1998