Our FAQs provide information on frequent questions or concerns. If you have questions about specific topics not included here, please contact us.
Financial statements are prepared and submitted to customers either monthly or quarterly (except for October and November). Footnotes are prepared and usually submitted quarterly on 2nd, 3rd and 4th quarters only.
There are a number of reconciliations that are done monthly and quarterly to ensure general ledger accuracy. Examples are Account Relationships, Trial Balance Anomalies, Variance Analysis, PCAS reconciliations for reimbursable agreements, and FACTS II reconciliations.
Transactions can be posted until the close of the first day of the following month.
IBC System staff reviews Treasury's changes and updates the system appropriately.