SECTION 3: ADMINISTRATION - FISCAL YEARS (AWARD YEARS)

FISCAL YEARS (AWARD YEARS)

1. Select Administration from the main menu on the left side of the screen.
2. Select Fiscal Years.
3. You will automatically be directed to the Fiscal Years page.

The purpose of the Fiscal Years page is to give each institution the option of pre-listing their determined fiscal year and running reports based off the Fiscal Year. When completing your school setup throughout the Administration pages, you have the option to enter what your institution considers their fiscal year. Enter the start and end date of your school’s determined fiscal year. If your fiscal year differs from the traditional award year, you may need to temporarily update your fiscal years to mirror the award years for annual reports.

Adding a New Fiscal Year

1. Enter the Year in the first field.
2. Enter the Abbreviation of the fiscal year in the second. For example: The year is 2018, the abbreviation could be 18.
3. Enter the date you want to begin the fiscal year in the BeginYear column (third field).
4. Enter the date you want to end the fiscal year in the EndYear (fourth field).
5. Check the box Currently Selected if this is the current fiscal year.
6. Select Save on the right side of the row you are entering.

Editing a Fiscal Year

1. Select the Edit option on the right side of the row you wish to change.
2. Enter the most recent data in the related fields.
3. Select the Update option located to the right of the row you are currently editing.