Final Settlement runs for 2021

The final settlement (payment) runs for all Accounts Payable transactions will be occurring in the third week of December.

In order to be included in the settlement run, the invoice/expense must be fully approved or matched to its purchase order, with the system calculating the item as due based on the payment terms.

• Tuesday, December 21 – Final settlement run for all items being paid via paper check
• Wednesday, December 22 – Final settlement run for all items being paid by electronic methods (EFT/ACH/GDS).

Please note that this schedule does not impact the Payroll calendar. The regular settlement process will resume its normal schedule on Tuesday, January 4, 2022.