Skip navigation

Office of the Controller

Month End/Year End Closing

Month End Close

Month-end close is performed to finalize a snap shot of transactional activity for a period. Most processes run at month end are also run on a daily and/or weekly basis. For month-end, these processes are performed for the last time for a particular month to ensure that all transactions are posted and reflected on reports. The month is officially closed when all of the month end processes are complete (including posting.)

 

Year End Close 

Recording revenues and expenditures in the correct fiscal year is critical to the accuracy of fiscal year end reports and financial statements. However, accurate reports and statements must be balanced with the necessity to close the fiscal year and open the new fiscal year as quickly as possible.

For more detailed information regarding the FY 2017 year end close is available on the announcements page.

Contact Us

Office of the Controller
Bond Hall 230
118 College Drive #5143
Hattiesburg, MS 39406

Hattiesburg Campus

Campus Map

Email
controllersofficeFREEMississippi

Phone
601.266.4084