FISCAL YEAR END REMINDERS

As the end of the fiscal year approaches, please be aware of the following regarding purchases and payment of invoices:
1. Purchase orders for fiscal year 2019-20 must be submitted to Pam Rudy by May 15, 2020, to ensure that they are processed in a timely manner. (See #2 for rule on receipt of goods and services.)
2. The accounting rule to record expenditures in 2019-20 is that the goods and services must be received prior to or on May 31, 2020. There is no exception to this rule.
3. Goods and services received after May 31, 2020, will be recorded in fiscal year 2020-2021.
4. Please contact Joe (jpretorius@huntington.edu), Pam (prudy@huntington.edu), or Tammy (tgass@huntington.edu) in the Business Office with any questions.