Welcome to the Michigan State University Year-End 2024 Cutoff Procedures web site. Outlined in the following links are the University’s accounting procedures for the end of fiscal year 2023-24. Please visit this web site frequently throughout the year end close process for the most up to date information. Please direct all questions to the Office of Financial Reporting at (517) 355-5029.
Note: documents on this page are in PDF format. In order to view a PDF you will need Adobe Acrobat Reader
Year End Cutoff
- Click for a complete download of the Year-End 2024 Cutoff Procedures.
- Click for Calendar of the Year-End 2024 Cutoff Dates.
- Click for the Fiscal Year End Accounting Cutoff Procedures Campus Forum Presentation
- Click to View a Recording of the 2023 Cutoff Town Hall Presentation
For a review of the individual Year-End 2024 Cutoff Procedures sections:
- Index: Year-End 2024 Cutoff Significant Dates Summary
- Index: Year-End 2024 Cutoff Significant Dates Summary (Excel version)
- What is New: Summary of New or Changed Year End Cutoff Procedures
- Section A: Finance System Close Dates and New Year Activation Dates
- Section B: Purchasing and Payments
- Section C: Cash Receipts and Departmental Receivables
- Section D: Intra-University Financial Documents
- Section E: Account Maintenance and Accounting String Elements.
- Section F: Human Resources and Payroll
- Section G: Capital Equipment/Assets
- Section H: Budget Reallocations and Organization of Interest (OOI)
- Section I: New Fiscal Year Information
- Section J: KFS Access/Role Review