Important Dates

Like many institutions, UBC operates on a financial calendar that runs from April 1 to March 31.

There are a variety of important dates related to procurement, accounts payable, credit card programs, financial reporting, and other activities that it is important to be aware of — especially with regards to the end of the financial year (Fiscal Year End).

CYE = Calendar Year End (December 31, 2023)
FYE = Fiscal Year End (March 31, 2024)

Date Day Time Deadline Meaning Type
Feb. 23, 2024
Fri 9:00 am
Period+1 Opens for Payroll Only
Open next period payroll ledger activity group for all companies, to allow Central Payroll Team to accrue hourly payroll, and process payroll payments
Period End
Feb. 23, 2024
Fri 11:45 pm
Time Entry and Submission
Pay period deadline for employees and timekeepers to enter and submit time in Workday.
Payroll
Feb. 26, 2024
Mon 11:45 pm
Time Approval and Data Entry
Pay period deadline for managers and leaders to approve employee time submitted in Workday, and for Payroll Administrators to enter data in Workday.
Payroll
Feb. 29, 2024
Thu 9:00 am
Period+1 Opens for All Companies
Open next period for all companies
Period End
Feb. 29, 2024
Thu 10:00 am
Payroll Activities Closed
Payroll activities are completed and closed
Period End
Feb. 29, 2024
Thu 5:00 pm
Payment date for employees
All employees at UBC will be paid on the 15th and last day of the month. Paydays falling on holidays or weekends are moved to the preceding non-holiday day.
Payroll
Mar. 1, 2024
Fri 4:00 pm
Cutoff for Supplier Invoice Approvals
Supplier invoices must be approved in order to be included in the period
Period End
Mar. 1, 2024
Fri 4:00 pm
Cutoff for Expense Report Approvals
Expense reports must be approved in order to be included in the period
Period End
Mar. 1, 2024
Fri 4:15 pm
Supplier and Ad Hoc Payment Activities Closed
Supplier and ad hoc payment activities are completed and closed
Period End
Mar. 1, 2024
Fri 4:15 pm
Travel & Expense Activities Closed
Travel & expense management activities are completed and closed
Period End

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