Fiscal Year 2025 End Dates for Purchases, Contracts, and More

"Business and Finance Services" on a gray background.

Based on historical WSU fiscal year cutoff dates, the College of Medicine’s Business & Finance Services has compiled the following information about fiscal year 2025 end dates to allow time for proper processing of documents.

Purchases That Need Routed to Pullman

  1. Monday, March 31: Capital Equipment Purchases to Pullman Purchase Services
  2. Monday, March 31: Supplies and Services Non-Capital Equipment Purchases to Pullman Purchase Services (over 10K and Tax-Exempt orders)

Contract Requests Submitted

  1. 5/1/25-5/30/25 UNDER $10K will be prioritized and a concentrated effort made to process in FY25. Requesters will be contacted if there will be a delay.
  2. 5/1/25-5/30/25 OVER $10K and 6/1/25-6/27/25 miss the Purchasing and Contract Services’ FYE cutoff date and most likely will not be processed in FY25. They will be prioritized in FY26.
  3. Student Affiliation Agreements and Away Rotation Agreements will continue to be processed and will be prioritized by their need by date. Please provide us as much time as possible.

Note: Missing documentation will delay the processing of these requests.

Pcard Verifications

  1. April 15: Pcard Verifications for Transactions posted prior to April 2025
  2. May 15: Pcard Verifications for Transactions posted in April 2025
  3. June 16: Pcard Verifications for Transactions posted in May 2025
  4. June 16: Pcard Verifications for Transactions received prior to June 16, 2025
  5. June 20: Pcard Verifications for Transactions received prior to June 20, 2025
  6. June 27: Pcard Verifications for Transactions received prior to June 27, 2025

Note: Items must be received prior to verifying the pcard transaction.

Travel

  1. Travel End Date is prior to March 31: Expense Reports Submitted by April 15     
  2. Travel End Date is in April & May: Expense Reports submitted within 2 weeks of end date of trip
  3. Travel End Date is in June: Expense Reports submitted by first Business Day after end date of trip
  4. Travel July or later: Spend Authorizations should only be submitted if expensed to an approved budget.

College of Medicine Business & Finance Office Deadlines

Monday, June 16:

  1. Invoices                                                  
  2. Purchase Order Invoices
  3. Contract Invoices
  4. Participant Payments
  5. Employee Reimbursements
  6. Student Reimbursements (ECM)
  7. Internal Service Provider processes
  8. Internal Service Delivery manual journals
  9. Accounting Adjustments
  10. Supplier/Customer/External Committee Member (ECM) Set Up
  11. Journal Entries

Friday, June 20:

  1. Submit Purchase Requisitions in Workday for FY25.  Orders submitted after 6/20/25 have no guarantee of being placed and received in FY25.
  2. Submit Amazon and Office Depot orders for FY25
  3. Create Receipt in Workday on Purchase Orders received prior to 6/20
  4. Orders will be prioritized along with fiscal year end tasks

June 23-27:

Create Receipt in Workday daily on Purchases received between 6/23 and 6/27. Note: Items must be physically received by 6/30 to be expensed to FY25 budgets. Create Receipt in Workday must be entered prior to 6/30.

Friday, July 5:

Close of FY25(unconfirmed by WSU Controller’s Office)

Monday, July 7:

Open of FY26 (unconfirmed by WSU Controller’s Office)