As you are working to complete your year-end closing tasks, please be aware of the following:
As we get closer to the end of June and throughout July, multiple periods will be open:
June 2021-21 & July 2021-22 will both be open periods in JET. Please be very careful when staging journal entries to choose the correct GL Period. For Project Task Award (PTA) transactions the Grants Module will post the transaction to the earliest open period relative to the transaction’s Grants Expenditure Item Date. Therefore, make sure to use the correct Expenditure Item Date for any PTA journal lines, examples below:
- If you choose the June 2021-21 GL Period, you must use a June Expenditure Item Date or prior on your journal line so the transaction will post in June.
- If you choose the July 2021-22 GL Period, you must use a July Expenditure Item Date on your journal line so the transaction will post to July.
Questions? Contact firstname.lastname@example.org