窪蹋勛圖

The pre-entry of FY26 requisitions (req) can now be submitted using the Accounting Date field in BCB as of May 5, 2025. To create a FY26 req, use 7/1/2025 as the Accounting Date, and the Purchase Order (PO) will be sent to suppliers on July 1. The pre-entry of FY26 reqs should be used for goods/services that will be received on or after 7/1/2025.

Requisitions for goods/services received on or before 6/30/2025 should enter the current date in the Accounting Date field, as these should be on a FY25 PO and the expense must process and be��皰aid in the current fiscal year. If the invoice is dated after our AP close for June ( see Finance Calendar for close dates at Finance Operating Calendar | 窪蹋勛圖), the expense will be accrued as an FY25 expense.

After the close of each fiscal year, all blanket POs are closed out automatically. For FY25, blanket POs will be closed on 7/31/25. Please plan to establish new FY26 blanket PO���s for activity in the new fiscal year.

POs on the Services Agreement form will not close at year end, and the PO can continue to be used through the duration of the contract. If you have a service agreement purchase order in BCB with an end date of 6/30/25, you can submit a Change Order Request in BCB to extend the PO end date and add the funds needed for FY26 activity.

If payment is required before 6/30/2025, but you will not receive the goods or services until after 6/30/2025 (���prepaid���), you must use a FY25 PO. For any prepaid purchases over $25,000 you must use the prepaid Object Code #150010 in the BCB requisition. This object code is available for use in BCB only for items over $25,000. If the prepaid Object Code is used, the true Object Code MUST be in the description so that it is available to move the costs to an expense code once the goods or services have been received. For more information on booking prepaids, please see Prepaid Expenses: Key Considerations for Year-End Closing.

Questions?

Please contact  financecustomercare@ohio.edu