A Web session was held on May 20 to review the year-end closing process, deadlines, and to answer participant questions. The session was hosted jointly by representatives from the General Accounting and Financial Reporting, Budget and Planning, Post Award Financial Operations, and Sourcing & Procurement Offices.
Webinar Presentation Slides
2024 Year-end Webinar Slides
Session Video Recording
Click the image below to view the recording of the webinar.
Presentations
| Topic | Presenter |
| Introduction | Brianna Fanning/Brian Donaldson |
| Year-end Close | Brianna Fanning |
| Adjustments & Journal Entries | Tom Jenkins |
| Accruals & Deferrals | Tom Jenkins |
| Supplier Invoices & POs | Olivia Clachar |
| Canceling vs Closing POs | Olivia Clachar |
| P-Cards | Olivia Clachar |
| ISRs | Gretchen Hartigan |
| FSRs | Gretchen Hartigan |
| Payroll | Matt Abrams |
| Student Payroll | Matt Abrams |
| Cash Receipts | Jen Buono |
| Departmental Sales | Jen Buono |
| Concur | Jen Buono |
| Time Off Requests | Jen Buono |
| Unrestricted Budget & Designated Accounts | Gretchen Hartigan |
| Restricted Gifts & Endowment Accounts | Cara Griffin |
| Sponsored Program Accounts | Shelly Stewardson |
| Beginning Balances for FY 2025 | Gretchen Hartigan |
| Training & Documentation | Brianna Fanning |
| Closing Comments | Brianna Fanning |
| Total viewing time | 47 minutes |
Additional materials referenced during the Webinar
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- Office of the Controller Resources
- Restricted Gift Training
- General Accounting and partners are in the works of planning another training session on restricted funds management here at Boston University. Please come back at a later date to sign up. For reference of the last training, please refer to the slides at this link: Managing Restricted Funds
- Sourcing & Procurement Resources
- BUworks – Useful documents
- BW How-to View Open Commitments
- BW How-to View ISR’s and FSR’s
- Finance Help Guides (folder contains multiple documents related to journal entries)
- BUworks Online Help: Document Library
- BW Training
- Self-guided training to explore reports useful in supporting year-end close: Click to learn more
- Various instructor-led BW Reporting workshops that are not specific to year-end close. Offered online: Click to learn more and/or to register
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Presenter Contact List
| Department | Name | |
| Budget and Planning | Gretchen Hartigan | hartigan |
| Sponsored Programs, Post Award | Shelly Stewardson | sds |
| Payment Services | Olivia Clachar | oclachar |
| Payroll | Matt Abrams | abramsm |
| Cashier’s Office | Jen Buono | jmpere |
| General Accounting and Financial Reporting | Brianna Fanning | bfanning |
| General Accounting and Financial Reporting | Tom Jenkins | tjenk |
| General Accounting and Financial Reporting | Cara Griffin | caramg |