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Fiscal Support and Connections Network

Join us at our next meeting: June 15, 2021 - 1:00 pm - 2:00 pm

Meeting Information:
Click here to join the meeting
Or call in (audio only): +1 571-397-2084,,506407423#
Phone Conference ID: 506 407 423#
Agenda:
1. Introductions
2. Furniture Procedure updates
3. FY21 Deadlines
4. Onboarding Conversation
5. Open discussion

Fiscal Announcements and Reminders

Final Reminders - Fiscal Year-End (FY21)

In order to pay for goods and/or services in FY21, the goods must have been delivered, the services must have been rendered, and the invoice must be received by Accounts Payable by June 8, 2021. All check cancellations and reissues must be submitted to Accounts Payable by June 11, 2021, in order for the transaction to post in FY21. Please review the Fiscal Year-End Deadline memo for more information at https://fiscal.gmu.edu/wp-content/uploads/FY21-Year-End-Memo.pdf.

The following deadlines for cost transfers between federal or non-federal sponsored funds and non-sponsored organizations (i.e. E&G, F&A, and Pools) may be found on the Cost Transfer FY21 Memo.

Fiscal year-end processing will begin on June 30 starting at 5:00 p.m. This process will roll finance data from FY21 to FY22 and it is critical that no financial, budget, or payroll data be entered into Banner on June 30 after 4:30 p.m. Banner Finance operations may resume on July 1, 2021.

Transition to Cashless Campus Update

We appreciate your continued feedback and patience as we work through this transition. As a reminder, the Cashier’s Office will remain closed to walk-in customers and beginning July 1, 2021, will only accept deposits containing currency by appointment for limited purposes. Deposits of checks may be placed in the dropbox in SUB 1 outside of room 1501. We are exploring additional payment options that will enable Mason to minimize payment handling on campus and will provide periodic updates. Current alternatives to currency collection and department check collection guidance are available at https://fiscal.gmu.edu/cashless-campus-initiative/.

Purchases less than $5,000

The small purchase charge card – or P-Card – provides Mason with the opportunity to streamline procedures for procuring and paying for small-dollar goods and services by eliminating vendor invoices and consolidating payments. The P-Card is the recommended payment method for purchases under $5,000. Units must obtain at least 1 quotes. The P-Card can be presented for on-site purchases, utilized on a vendor’s website, or processed with a vendor over the phone. Additional information is available on the Use a P-Card webpage.

Opportunities to Connect

Join the FSCN - MS Team!
Click here: FSCN Team-GRP.
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Fiscal Administrative Training Sessions
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Register for all training opportunities in MasonLEAPS.gmu.edu. The Virtual meeting information will be sent to all registrants one-two business days prior to training.
Fiscal Virtual Walk-ins
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Wednesday Walk-Ins 1:30 - 3:30. Click, here to SCHEDULE ONLINE, NOW!!

Check the Calendar for upcoming meetings and events!

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