April

The handling of pre-paid expense deferrals and expense accruals will be consistent with the last six fiscal years.  General Accounting processes all prepaid expense deferrals and accruals for all of Drexel University and its subsidiaries.

In preparation for the 2022 fiscal year-end close, the following guidelines and calendar outline the standard closing requirements. Please review and circulate this information so that everyone is familiar with the guidelines and important deadlines. This will assist in making the year-end closing process more efficient.  Procurement Services' year-end information is posted on their website.

The Academy of Natural Sciences has finalized its negotiation of its indirect cost rates for grants, contracts, and other agreements with the federal government effective July 1, 2022, through June 30, 2023. 

The Office of the Comptroller will be hosting a Journal Entry Workflow 3.0 virtual training session just in time for fiscal year-end close.