13th Month for Fiscal Year 20-21 Now Closed

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Published:
October 27, 2021

The 13th month for fiscal year 2020-2021 is now closed. The 13th month is a virtual month that falls between the last month of the prior fiscal year and the first month of the new fiscal year. Accounting and Financial Management uses the 13th month to complete year-end entries for reporting purposes. All 13th month transactions are posted with DEFINE VJR documents and have a date of August 31st. The closing of the 13th month also signifies the completion of the Annual Financial Report.