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Reminder! Fiscal Year-End is April 30, 2018

Posting Date(s)

UPEI Comptroller Tara Judson wishes to remind the campus community that the University's fiscal year-end is April 30, 2018.

  1. Requisitions for Purchase Orders, 2017–18 Budget Year
    All requisitions for purchases to be charged to the 2017–18 budget year will be processed by Procurement if received by noon on Monday, April 23, 2018, subject to budget availability. To ensure that 2017–18 expenditures are recorded in the 2017–18 operating year, all requisitions must be completed and approved by the appropriate spending authority in myUPEI no later than 12 noon Monday, April 23, 2018. Before creating a requisition, you should be reasonably certain that the purchase will be delivered and received in myUPEI by April 30, 2018 (see item 2 below). If it is necessary to enter requisitions for 2017-18 purchases after this deadline, contact Carolyn Garro at 902-566-0315.
     
  2. Receiving Goods at myUPEI
    For purchases charged to the 2017–18 budget, the purchases must be invoiced, received on campus, and received by you in myUPEI on or before April 30, 2018, and as such, requisitions will be reviewed for acceptability prior to the April 23, 2018 final cut-off date. During this year end period, when requisitioning goods or services for delivery and receipt for the 2017-18 budget year, please ensure your supplier’s invoice is submitted to invoices@upei.ca for payment on or before May 11, 2018.• Goods invoiced or received after April 30, 2018 will be charged to the next fiscal year (2018-19). The April 23, 2018 cut-off date will be strictly enforced, so please make your plans now for the remaining week of the 2017-18 fiscal year.
     
  3. Hourly-Rate Employees
    Hours worked and approved for the month of April will be charged to the 2017-18 fiscal year for students and other hourly-rate employees.

Thank you for your ongoing cooperation.