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Year-End Close Archive 2022-23

Year-End Close


Year-End Close is the process of reviewing and adjusting all accounts to ensure that they accurately reflect the activities for the fiscal year.  Through this process, districts will review current year's activity for accuracy and completeness, close categorical programs, and post accruals to identify the district’s ending balance as of June 30.

To assist districts, our office coordinates deposits, posts JEs, performs property tax reconciliation, reconciles account balances between fiscal years, and performs review of the district’s preliminary year-end close checklist.  We will also check and verify ending and beginning balances before completing the final year-end close. On this webpage, we have provided a calendar, checklist, manual, and other helpful information.

If you have any questions related to the topics below during the year-end close process, you may contact any of the following individuals:
 

Topics

Daisy
Ext. 5295

Chris
Ext. 5226

Alejandro 
Ext. 5372

DFAs
 

Accruals (set-up)

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Balance Resources
(that do not allow ending balances)

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Clearing PAYX

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Closing Categoricals

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Due To/Due From

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Journal Entries
(general, cash, IFT, stores adjustments, etc.)

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Property Tax

   

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Reversing A/R & A/P Accruals

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Unearned Revenue (9650)

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Unaudited Actuals

     

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Year-End Closing Screen Questions

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Year-End Closing Checklist Questions

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