Articles by

ljohnson

All journal entries and imports dated in January without budget error, approval error, or other error have posted to January. If a journal in workflow was dated in January but the approval workflow was not completed by 4pm on the fourth business day in February the journal will re-start the workflow with a February date. […]

All journal entries and imports dated in December without budget error, approval error, or other error have posted to December. If a journal in workflow was dated in December but the approval workflow was not completed by 4pm on the fourth business day in January the journal will re-start the workflow with a January date. […]

Per the request of UND Procurement & Payment Services, the general ledger will be left open through Wednesday, November 8th to allow journal entries to be backdated to October 2023. This is a change from the standard 4 business day timeline that we typically follow each month. For any reports or data that departments normally […]

An additional budget pre-check step has been added to the electronic budget journal process. This step is necessary to ensure budget journals with errors are not routed forward for approval. Detailed instructions are available on the UND website. Please contact Cindy Fetsch if you have any questions.

As part of your final year-end journal entry preparation, please remember to check your fund and project deficits and make any necessary transfers to resolve the deficits. There are several resources available to assist with this: UND Finance Reports Page: The two reports listed below are current as the end of business on Wednesday, July […]

Below is a summary of the remaining 2023 fiscal year-end deadlines: July 10: Last day to receipt a product to June 30 and have all invoice approvals completed for purchases made in UND Marketplace (Jaggaer). Questions? pps@UND.edu July 12: Last day for a June payment request to be approved by the department and routed to […]

The instructions for the new alumni flow-thru fund process (funds that start with “26”) are available on the UND Finance website. The alumni flow-thru funds are the UND funds that are used to record expenses that are then centrally billed to the UND Foundation for reimbursement. The processes outlined in these instructions need to be […]

UND Central Finance is hosting two online fiscal year-end training sessions in June. There are no significant changes to any of the fiscal year-end processes that have been used in recent fiscal years. These training sessions will give a high-level overview of how the year-end procedures work across the various financial processes at UND and […]

OVERVIEW: As of 7/1/2023, expenses that are dated in FY2024 that use an alumni flow-through fund (funds that start with a “26”) will be required to be used in conjunction with a project ID. See the “What is Changing” section below for an explanation of what the new Project IDs will be. If the department […]

To streamline the budget journal process, workflow has been created within the PeopleSoft Finance system and has been gradually rolled out to departments over the past several weeks. Effective June 1, all departments will need to utilize the new PeopleSoft workflow process.  Budget journal submissions will no longer be available in Perceptive Content.  All budget […]