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Month-End Close

Accounts Receivable and Accounts Payable processing will close on the last business day of the month. The general ledger, with some exceptions, will close on the second business day following the calendar month-end. The schedule below reflects the exact dates for fiscal year 2022-2023 (FY223) and the time when the close will occur.

Department responsibilities

In order to be included in the appropriate reporting period, departments are required to forward transactions to Financial Services two days prior to the month-end closing date.

If you have any questions, please contact your financial advisor.

Accounting period

General ledger closing date

General ledger closing time


June 2, 2023

4 p.m.


July 5, 2023

4 p.m.

July (1st quarter)

August 2, 2023

4 p.m.


September 5, 2023

4 p.m.


October 3, 2023

4 p.m.

October (2nd quarter)

November 1, 2023

4 p.m.


December 4, 2023

4 p.m.


January 9, 2024

4 p.m.

January (3rd quarter)

February 1, 2024

4 p.m.


March 4, 2024

4 p.m.

March (March ending grant)

April 3, 2024

4 p.m.

April (4th quarter), 1st close

May 2, 2024 4 p.m.
April (4th quarter), 2nd close May 3, 2024 12 p.m.


If you have any questions about year-end deadlines, contact your financial advisor or Ravi Haldavnekar, controller and director, Financial Services at or 416-979-5000, ext. 555019.