FY 2018 Year-End Closing Kick-Off Meeting Agenda

Detailed agenda for the FY 2018 Year-End Closing Kick-Off Meeting at the State Controller's Office, covering support, task lists, Form 78 requirements, and other important information for state agencies. Images included highlight key aspects of the meeting.

• Meeting Agenda
• Year-End Closing
• State Controllers Office
• FY 2018
• Accounting Services

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1. FY 2018 Year-End Closing Kick-Off Meeting State Controller s Office Agenda SCO Support throughout closing period SCO Year-End Task List FY 2018 Form 78 s including Beginning Balances and Collected Revenues Adjustments for Zero-dollar invoices Between-Year Entries Other/Questions 1

2. FY 2018 Year-End Closing Kick-Off Meeting State Controller s Office SCO Support Each agency has been assigned a support staff within the SCO The support listing is on the SCO website Information for State Agencies Accounting Services Agencies may also request a meeting with SCO staff to review any accounts or issues 2

3. FY 2018 Year-End Closing Kick-Off Meeting State Controller s Office SCO Year-End Task List SCO website Information for State Agencies/Accounting Services/2018 Closing 3

4. FY 2018 Year-End Closing Kick-Off Meeting State Controller s Office 4

5. FY 2018 Year-End Closing Kick-Off Meeting State Controller s Office 5

6. FY 2018 Year-End Closing Kick-Off Meeting State Controller s Office Form 78 s (including new beginning balance and collected revenue sections) 6

7. FY 2018 Year-End Closing Kick-Off Meeting State Controller s Office 7

8. FY 2018 Year-End Closing Kick-Off Meeting State Controller s Office 8

9. FY 2018 Year-End Closing Kick-Off Meeting State Controller s Office 9

10. FY 2018 Year-End Closing Kick-Off Meeting State Controller s Office 10

11. FY 2018 Year-End Closing Kick-Off Meeting State Controller s Office Adjustments for Zero-Dollar Invoices John Oppeneer (SCO) is working through these on an agency by agency basis. He is also analyzing whether there are open receivables. As he goes through the process, he is contacting agencies for validation of any entries before making them. He is working to get through all agencies by the end of June. He would then perform a final analysis in July. 11

12. FY 2018 Year-End Closing Kick-Off Meeting State Controller s Office Between-Year Entries Entries must be made in each fiscal year for the between- year transactions to offset correctly. Agencies should not use the reversing indicator on GL journal transactions to move amounts between fiscal year 2017 and fiscal year 2018. Instead, transactions in each year will be needed. See Wisconsin Accounting Manual Section 18-04. 12

13. FY 2018 Year-End Closing Kick-Off Meeting State Controller s Office Questions or other year-end closing issues? 13