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Month-End Close

Month-end close refers to the date that:

  • Financial activity (e.g., transaction processing, journals, etc.) concludes for an accounting period.
  • Reporting environments (e.g., FINODS, U-M Data Warehouse, and M-Reports) will be updated with the latest financial data for an accounting period. These environments are refreshed overnight and available the following day.

Month-end close occurs on the fourth (4th) business day of the subsequent month, except for June. June activity closes later in July due to additional fiscal year-end processes.

To receive an email alert when an accounting period closes, join the monthendclosenotification email group. (How to Join)

Close Dates

FY2017

Fiscal Year 2017 Planned Close Date Actual Close Date
June (year-end close) TBD
May June 6, 2017
April May 4, 2017
March April 6, 2017
February March 6, 2017
January February 6, 2017
December January 6, 2016
November December 6, 2015
October November 4, 2015
September October 6, 2015
August September 7, 2015
July August 4, 2015

FY2016

Fiscal Year 2016 Planned Close Date Actual Close Date
June (year-end close) July 20, 2016
May June 6, 2016 June 6, 2016
April May 5, 2016 May 5, 2016
March April 6, 2016 April 6, 2016
February March 4, 2016 March 4, 2016
January February 4, 2016 February 4, 2016
December January 7, 2016 January 7, 2016
November December 4, 2015 December 4, 2015
October November 5, 2015 November 5, 2015
September October 6, 2015 October 6, 2015
August September 4, 2015 September 4, 2015
July August 6, 2015 August 6, 2015