UW divides its accounting records into periods consisting of two fiscal years, called a "biennium." Fiscal Year 2023 will end on June 30th, 2023, and is the second year of the current biennium. Looking ahead, Fiscal Year 2024 and Biennium 2023 will start on July 1, 2023.
After the fiscal year ends, accounting records are finalized and closed, while a new set of records is opened for the new fiscal year. For a short time, two separate sets of records are open. This time is called crossover and lasts from July to August. All budgets are affected by fiscal year crossover and closing processes. The following information has been gathered from various sources and tailored to our campus.
Updated content coming soon!
Who should I email?
To ensure a timely response during fiscal year end, direct all questions and submissions to firstname.lastname@example.org.
Fiscal Services staff will route your email to the most appropriate team member to handle your query.