Blanket PO Guidance for Next Fiscal Year
Dear Colleagues,
In regards to the fiscal closing deadline for Blanket POs, Friday, May 16 at 5 pm, it is important to note that you cannot future date the budget year. The budget year must be the current fiscal year 2025.
The year-end PO carryforward process will automatically move all eligible POs into the next fiscal year.
As you create and approve Blanket POs to meet the deadline, it is helpful to reference the fiscal year the expenses relate to in the PO line description field.
Attend upcoming office hours (Procure to Pay or Fiscal Close) if you have questions related to this matter.
Sincerely,
Asirra Suguitan
Associate Vice Chancellor and Campus Controller
Business & Financial Services
http://bfs.ucr.edu/
Associate Vice Chancellor and Campus Controller
Business & Financial Services
http://bfs.ucr.edu/