Fiscal Year End
The State of California, the CSU and San José State University operate on a fiscal year calendar, which officially begins July 1st and ends June 30th. Finance strives to have an efficient and timely closing of the university’s books at June 30th and provide accurate financial reporting to the State Controller’s Office and Chancellor’s Office.
It is important for campus departments to review and reconcile their accounts throughout the fiscal year. Active participation by departments towards their finances allows for a true snapshot of their financial health.
In preparation for year-end, departments should take note of the procedures and process timelines provided in our Fiscal Year-End Guide for making corrections, purchase and payment requests, and deposits.
