FY25 balances on the OBI dashboard

During the period of time when both FY24 and FY25 are open, the balances appearing as FY25 results are inaccurate. This is because FY24 yearend must be complete and closed, before the roll forward of the FY24 ending balances can occur and load as the FY25 beginning balances for accounts.

The updated FY25 beginning balances will be available in OBI on August 9th. Beginning July 1st, the following will be posted at the top of the GL Funds Available and Student Funds Available dashboards to notify users of the account balances:

When viewing FY25 results for unrestricted, designated, student organization, and gift sources, please remember the FY24 activity will not be rolled forward until August 9, 2024, after June activity is finished.

• On the Traditional view, the YTD Actuals column will reflect only the FY24 beginning balance along with FY25 activity (it will not include FY24 activity).
• On the Revenue/Expense view, the Beg Balance column will show the FY24 beginning balance (it will not include FY24 activity).

If you have questions about your balances, please contact your planning unit CFAO.