The purpose of this memorandum is to provide information regarding fiscal year-end procedures and critical campus-wide and statewide due dates for a successful fiscal year-end closing on June 30, 2024.
Employees will need to substantiate business expenses within 60 days or amounts may be taxable. Taxable amounts will be viewable on paystubs beginning with May 2024 payrolls.
The University is updating its enforcement of the IRS Accountable Plan effective Jan. 1, 2024. Employees will need to substantiate business expenses within 60 days or amounts may be taxable and reported on Form W-2.
The University is updating its enforcement of the IRS Accountable Plan effective Jan. 1, 2024.
This is a reminder that workflow and departmental approval changes for financial transactions will become effective July 3. Please review the attached memo (sent originally on May 2, 2023) for ease of reference.
Please read the attached memo regarding departmental workflow and approval changes that will become effective July 3. All financial transactions from that point will require departmental approval and self-approval of these transactions will be disabled.
The purpose of this memorandum is to provide information regarding fiscal year-end procedures and critical campus-wide and statewide due dates for a successful fiscal year end closing on June 30, 2022.
The University implemented a central pool for the payout of terminal leave on July 1, 2018. The pool rate will require a marginal increase from 1.30% to 1.40% effective July 1, 2022.
The purpose of this memorandum is to provide information regarding fiscal year-end procedures and critical campus wide and statewide due dates for a successful fiscal year end closing on June 30, 2022.
The University of North Carolina at Chapel Hill has released its Annual Comprehensive Financial Report for the fiscal year that ended June 30, 2021.
