During the period of time when both FY23 and FY24 are open, the balances appearing for FY24 results are inaccurate. This is because FY23 year end must be complete before we rollforward the FY23 ending balances as FY24 beginning balances. These new balances will be available in OBI on August 8th.
The University ends its fiscal year as of June 30 each year. The fiscal year end close process is required to prepare the external financial statements presentation and prepare for the start of the next accounting year.
Now is the time to focus on on preparations for year end. The more work that everyone gets accomplished now, the more you can enjoy the holidays, and PTO and summer.
Coming Soon! A new Suppliers dashboard will roll out on June 1 st . Its located on the Purchasing tab on the Finance dashboard in OBI.
Procurement Services will be running a mass-closure process to Purchase Orders that meet our closure criteria. The purpose of this message is to communicate the timing and to allow you an opportunity to review the list of PO’s that will be closed and provide feedback for any POs that should NOT be closed.
As of Monday May 1 st 2023, the CDW-G punchout within the Bobcat Buy (“BCB”) system, has been upgraded with enhanced features.
With fiscal year-end right around the corner and invoice volume picking up, Accounts Payable would like to remind campus that suppliers should be submitting invoices straight to Accounts Payable at accounts.payable@ohio.edu referencing the purchase order number that was submitted prior t
The Finance department is excited to announce that we will soon be implementing PaymentWorks, a new supplier management system. Implementing this system will allow campus to invite their new suppliers without going through the University’s procurement system, BobcatBUY.