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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

FY2014

Fiscal Year 2014 Planned Close Date Actual Close Date
June (year-end close) July 15, 2014
May June 5, 2014
April May 6, 2014
March April 4, 2014 April 4, 2014
February March 6, 2014 March 6, 2014
January February 6, 2014 February 7, 2014
December January 7, 2014 January 7, 2014
November December 5, 2013 December 5, 2013
October November 6, 2013 November 6, 2013
September October 4, 2013 October 4, 2013
August September 6, 2013 September 6, 2013
July August 6, 2013 August 6, 2013

FY2013

Fiscal Year 2013 Planned Close Date Actual Close Date
June (year-end close) July 16, 2013 July 16, 2013
May June 6, 2013 June 6, 2013
April May 6, 2013 May 6, 2013
March April 4, 2013 April 4, 2013
February March 6, 2013 March 6, 2013
January February 6, 2013 February 6, 2013
December January 7, 2013 January 7, 2013
November December 6, 2012 December 6, 2012
October November 6, 2012 November 6, 2012
September October 4, 2012 October 4, 2012
August September 7, 2012 September 7, 2012
July August 6, 2012 August 6, 2012