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 24, 2020)
FYE = Fiscal Year End (March 31, 2021)

Date Day Time Deadline Meaning Type
Jun. 30, 2022
Thu 4:00 pm
Cutoff for Supplier Invoice Approvals
Supplier invoices must be approved in order to be included in the period
Period End
Jun. 30, 2022
Thu 4:00 pm
Cutoff for Expense Report Approvals
Expense reports must be approved in order to be included in the period
Period End
Jun. 30, 2022
Thu 4:15 pm
Supplier and Ad Hoc Payment Activities Closed
Supplier and ad hoc payment activities are completed and closed
Period End
Jun. 30, 2022
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
Jun. 30, 2022
Thu 11:30 pm
Travel & Expense Activities Closed
Travel & expense management activities are completed and closed
Period End
Jul. 5, 2022
Tue 12:00 pm
Cutoff for Accounting Journal EIB Submissions
Accounting journal EIBs must be submitted without errors to Data Management
Period End
Jul. 5, 2022
Tue 12:00 pm
Cutoff for Cash Sales Approvals
Cash sales must be approved in order to be included in the period
Period End
Jul. 5, 2022
Tue 12:00 pm
Cutoff for ISD EIB Submissions
ISD EIBs must be submitted without errors to Data Management
Period End
Jul. 5, 2022
Tue 12:00 pm
Cutoff for Customer Invoice Approvals
Customer invoices must be approved in order to be included in the period (only applicable for Building Ops, FoM, EWS, Services Levy)
Period End
Jul. 5, 2022
Tue 12:15 pm
Customer Accounts and Revenue Accounting Closed
Cash sales and customer invoices activities are completed and closed
Period End

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