Expense Reimbursement Post Year-End

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tomjensen581
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Expense Reimbursement Post Year-End

Postby tomjensen581 » Mon Dec 30, 2013 9:43 am

If reimbursement requests are submitted following year-end, but the reimbursement should come out of the FY13 budget, when is the last possible day to get a check reimbursement through the system and still have the funds applied from the FY13 budget? Is 12/31/13 the cutoff date or is there a grace period for closing the books?

Tom Jensen

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aebrown
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Location: Sandy, Utah

Re: Expense Reimbursement Post Year-End

Postby aebrown » Mon Dec 30, 2013 10:37 am

tomjensen581 wrote:...when is the last possible day to get a check reimbursement through the system and still have the funds applied from the FY13 budget? Is 12/31/13 the cutoff date or is there a grace period for closing the books?

No, there's no grace period. If an expense is posted in 2013, it applies to 2013; if it is posted in 2014, it applies to 2014.


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