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To:     University Business Managers
Finance Staff

From:  Dennis Press, University Controller

Date:  July 18, 2011

FRS Fiscal Year- end close process

The University did not receive a state-level decision Friday on its requests for carryforward of certain State Funds receipts and appropriations.  Since any approved carryforwards require transactions for FY 2010-11, the planned FRS Fiscal Year end close process scheduled to be performed this past weekend was delayed and did not occur.  An additional communication will be provided later this week once a state-level decision regarding carryforwards is received and a revised FRS Fiscal Year end close schedule is determined.  FRS and systems that rely on it are working normally at this time.

Budget Management System update

The Budget Management System is not ready to go back online today. It will be down throughout today and will be back online Tuesday, July 19, 2011. We will send an email explaining BMS and some housekeeping instructions. This does not affect EPAweb Personnel Actions.

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