Direct Deposit – Year-end Deadline

Michael V. McKee, Assistant Vice President and University Controller

Deposit processing for the month of June will be similar to each prior month-end. Deposits will continue to be accepted with normal deadlines to the University Cashiers/Treasury Management as follows:

To receive credit for your deposit for fiscal year 2006-2007, all cash and check deposits must be received by the University Cashiers/Treasury Management in S-113 Criser Hall by June 29th before 8:00 a.m. in the drop box or by 10:30 a.m. over the counter, in locked bags. These are the normal daily deadlines. If you have any questions concerning cash and check deposits, contact Linda Shreve at 392-0185 or email lshreve@ufl.edu.

To receive credit for your deposit for fiscal year 2006-2007, all Credit card deposits must be received by the University Cashier/Treasury Management in S-113 Criser Hall July 3rd by noon. Deposits need to be sent daily, as soon as practical, but not later than the next day after the settlement date. It is even more critical to send these deposits regularly during this last week, so all the deposits can be processed before the Accounts Receivable subsystem closes.

To receive credit for your deposit for fiscal year 2006-2007, all EFT/ACH deposits must be faxed (846-3576) to Treasury Management July 3rd by noon. Deposits need to be faxed, as soon as practical, but not later than the day after receiving the EFT Advice Report. It is even more critical to send these deposits regularly during this last week, so all the deposits can be processed before the Accounts Receivable subsystem closes.

Special cutoff dates apply to the following situations:

Last day for input of Cash Expense Refunds in to PeopleSoft will be June 22nd. Deposits must be received by the Cashier’s Office at S-113 Criser Hall, by Monday, 06/25/07 by the daily deadlines (8:00 a.m. drop box or 10:30 a.m. over the counter).

Requests for Departmental Deposit Corrections that need to be processed within the current fiscal year should be received by Treasury Management no later than Wednesday, 06/27/07.

Thank you for your assistance in meeting our year-end requirements. If you have any questions, please contact David Segura at 392-9057 or via email at dsegura@ufl.edu.