Administrative Accounting is responsible for maintaining, and providing the University departments, personnel, and various external agencies with timely and accurate financial information.
Our functions include internal and external reporting, asset management, inventory control, and student financial and general ledger reconciliations.
FY21 Fiscal Year End Dates (Google Sheet)
All Segment Values (Google Sheet)
The Year End Tax Information page has been updated with information for the 2020 tax filing season.
Month-end close timing is changing
Boise State University’s accounting month-end timeline is being shortened from 10 to 5 business days in order to meet crucial external reporting deadlines.
The new month-end timeline was introduced in the last Discovery. There were also various focus group meetings held with key areas.
What does this mean?
The due dates for month-end tasks are changing effective January 2021 Month End.
Specific due dates will continue to be emailed monthly.
Campus Office Status
The Controller’s Office, Administrative Accounting staff is currently working remotely.
Please contact the individual you would like to meet with to make arrangements.
Unrelated Business Income Tax (UBIT)
A link to a questionnaire about activities conducted by your area will be sent via email starting June 8, 2020. We request all responses to be recorded by June 19, 2020. The purpose of the questionnaire is to assist in fulfilling the University’s tax reporting requirements for the annual 990-T income tax return. Your assistance is vital to ensuring Boise State complies with IRS requirements for reporting unrelated business income. If you have further questions regarding UBIT related activities, please contact firstname.lastname@example.org.
Additional information about UBIT may be found on the Tax Reporting web page:
What do I need to know about Clearing Local Cost Center Deficits?
What are the deadlines?
6/30/2020 Clear Local Cost Center Deficits
What are the key things to know?
- Internal controls require Local cost center balances must be cleared by the end of the fiscal year
- Notices of deficits will be sent to departments monthly beginning in April and continue through the rest of the fiscal year
- To clear a deficit, submit a surplus transfer journal entry, correcting entry or Foundation reimbursement requests
- Deficits that won’t be cleared require an explanation and plan to clear, these explanations will be added to the google sheet link you are provided when initial notices were sent out.
If you have further questions with regards to Clearing Local Deficit Balances, please contact email@example.com.