Dear Colleagues,
Business and Finance Solutions (BFS) released the Closing Schedule for Fiscal Year End 2021-22 on April 26,2022. Based on BFS’s deadlines, EFM deadlines have been established as shown in the table below. Please submit requests to EFM by the deadline to be assured of EFM’s review and processing.
| Description | Deadline for Department to submit to EFM for review | Deadline for EFM to Process |
| Payroll (UCPath) Direct Retro Expense Transfer | 06/29/2022 @ 5:00 PM | 07/05/2022 @ 5:00PM |
| PPS Cost Transfer Journal Request | 06/29/2022 @ 5:00 PM | 07/14/2022 @ 8:00 PM |
| Intercampus Transfers | 07/01/2022 @ 5:00 PM | 07/14/2022 @ 8:00 PM |
| NPEAR Non-Payroll Expense Adjustments | 07/05/2022 @ 5:00 PM | 07/14/2022 @ 8:00 PM |
| Accrual/Deferral Forms and Supporting Documents | 07/07/2022 @ 10:00 AM | 07/14/2022 @ 8:00 PM |
For Accrual/Deferral requests, Accounts Payable (AP) will complete their review and posting of FY 2021-22 transactions by end of day July 1, 2022. EFM needs to verify if a request has not been already recorded by AP to avoid duplicate entries. With that, EFM will review Accrual/Deferral requests received from July 2, 2022. On July 2, 2022, Department should review the General Ledger to confirm that the transaction was not accrued/deferred before submitting Accrual/Deferral requests to EFM.
If you have questions, please contact your EFM Accountant or Manager.
Respectfully,
Yoon Lee
Senior Director, UCLA Extramural Fund Management