2024-25 Fiscal Year-End Close

This website provides instructions and guidance in the preparation for the annual closing process. This is provided with the intent to assist in coordinating the needs of academic and administrative departments with the requirements of the UC Office of the President (UCOP), the University, the Accounting & Fiscal Services Department, and other service departments.

Fiscal Year Close Memo

The information contained in the 2024-25 Fiscal Year-End Close Information and Dates memo from Barry Oh, Assistant Vice Chancellor and Controller provides instructions and guidance in preparation for the annual closing process. This is provided with the intent to assist in coordinating the needs of academic and administrative departments with the requirements of the UC Office of the President (UCOP), the University, the Accounting & Fiscal Services Department, and other service departments.

Calendar of Deadlines and Important Dates

Collectively, we are required to meet the deadlines established for the University's internal close procedures and comply with deadlines set forth by UCOP. To better assist departments in meeting the required deadlines during the fiscal closing process, the Calendar of Deadlines and Important Dates is available to view or download on the Accounting Office website. Adhere to the deadlines set by your dean or other administrative officer if they precede those listed on the web.

All departments should utilize the Kuali Financial System (KFS) to record financial activity as appropriate. This year’s fiscal year-end closing process will follow the same general timeline as the prior year with minor changes to certain cutoffs. For the campus at large, closing procedures for June 2025 (period 12) will be completed in KFS.

Questions?

Thank you for your patience and cooperation as we work together to close the fiscal year. If you have questions that are not addressed on this website or in the fiscal close memo, please contact kfs@uci.edu or 949-824-7001.