Banner Finance Monthly Close Schedule
Banner Finance Monthly Close Schedule & Information
General Accounting will close each fiscal period in Banner on the 9th day of the following calendar month. If the 9th falls on a Saturday or Sunday, the close date will move to the previous Friday.
All month end entries and uploads must be submitted to General Accounting by the 3rd business day of the following month. If your entries are not submitted by this deadline, the entry will be posted to the following month.
All entries and uploads must be posted by 12 pm on the day of close. An email will be sent from GeneralAccounting@MiamiOH.edu the day before close as a reminder of this posting deadline.
Deferred Grants Program will begin around 1pm on the day of close.
The automated process that generates the monthly reports will begin on the 10th, regardless of what day of the week the 10th falls on. At this time, the monthly report emails are released to all managers and surrogates. However, if the 10th does fall on a Saturday or Sunday, the reports will not be emailed until the following Monday.
Once completed, General Accounting will publish the comprehensive package of monthly reports in MInE. If the 10th falls on a Saturday or Sunday, this portion of the monthly reports process will be completed the following Monday.