As we approach the end of the 2024 financial year, it’s crucial to ensure all necessary financial processes are completed on time. Below are the key deadlines for various activities, including purchasing, invoicing, payment processing, and accruals.
Key EOFY Deadlines:
13 December 2024
- Final day for submitting requests to issue student refunds.
- Final day for approving purchase requisitions.
- Final day for submitting Requests for Exemptions (RFE).
16 December 2024
- All invoices must be submitted to the AP Team for processing.
- Staff reimbursements and allowances must be entered and approved in Zeno.
- Sundry payments must be approved and submitted to the AP Team.
18 December 2024
- Final payment run for domestic suppliers, students, and staff (excluding payroll).
- Requests to issue invoices for revenue.
- Requests to issue credit notes for invoices.
- Complete review of open/incomplete blanket orders.
19 December 2024
- Final payroll for 2024.
- Final payment run for international payments.
23 December 2024
- Final day for submitting requests to issue invoices to the Accounts Receivable Team.
- Final day for submitting requests to issue credit notes to the Accounts Receivable Team.
- Final day for receipting Purchase Orders.
- Credit card transactions must be acquitted by this date.
3 January 2025
- Final day to submit accruals for goods and services received in 2024 but not yet invoiced.
8 January 2025
- First payment run for domestic suppliers, staff, and students in 2025.
9 January 2025
- First payment run for international suppliers and students in 2025.
Please ensure all required transactions are processed before these deadlines to avoid delays.
If you have any questions or need assistance, feel free to reach out to FPAS Help Desk. Thank you for your attention to these important deadlines!