Will there be two closings for June at fiscal year-end? [1]
Yes. The first close will follow the normal monthly close schedule. Then, period 12 (June) will re-open for adjusting entries.
FAQ Set:
Yes. The first close will follow the normal monthly close schedule. Then, period 12 (June) will re-open for adjusting entries.
Links
[1] https://busfin.osu.edu/faq/will-there-be-two-closings-june-fiscal-year-end
[2] https://busfin.osu.edu/faq-set/controller-accounting