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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

FY2018

Fiscal Year 2018 Planned Close Date Actual Close Date
June (year-end close) TBD
May June 6, 2018
April May 4, 2018
March April 5, 2018
February March 6, 2018
January February 6, 2018
December January 5, 2018
November December 6, 2017
October November 6, 2017
September October 5, 2017
August September 7, 2017
July August 4, 2017

FY2017

Fiscal Year 2017 Planned Close Date Actual Close Date
June (year-end close) July 20, 2017 July 20, 2017
May June 6, 2017 June 6, 2017
April May 4, 2017 May 4, 2017
March April 6, 2017 April 6, 2017
February March 6, 2017 March 6, 2017
January February 6, 2017 February 6, 2017
December January 6, 2017 January 6, 2017
November December 6, 2016 December 6, 2016
October November 4, 2016 November 4, 2016
September October 6, 2016 October 7, 2016
August September 7, 2016 September 7, 2016
July August 4, 2016 August 4, 2016