Contract and Grant Year-End Closing

For the Contract and Grant fund group, accounts will be closed at first closing.

This means no transactions will be processed against these accounts after Friday, July 5, for the fiscal year 2001-02. All transactions after that date will be booked into 2002–2003 fiscal period unless there is explicit approval from Contract and Grant Administration.

All cost transfers for 2001-02 involving grant accounts should be completed before the first closing (see Important Notice 97-5). If you have any questions or need more information, please contact Contract and Grant Administration by email at cgadmin@indiana.edu.