The University generally plans and budgets funds for State Budgets on a fiscal year basis. We also generate the Financial Report on a fiscal year basis that presents an annual summary of the University's Finances. It is therefore important, considering Generally Accepted Accounting Principles (GAAP), that transactions be recorded in the correct reporting period.
To comply with Washington State accounting procedures for closing out the current Biennium, the University's books of account will be held open for a limited time during the month of July to record transactions processed after June 30 relating to business of the expiring fiscal period. The dates contained in the “Biennium Cut-Off Dates” web page are the final dates on which various transactions must be received, and or processed, to ensure correct recording.
Information regarding surveys sent to departments for year-end reporting.
University of Washington Reporting
State Reporting Information