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Overview of the FY15 MSU Process and Mass Salary Update for Department Administrators

This presentation outlines the fiscal year 2015 process for managing funds at MSU, especially focusing on identifying ending funds between April 1 and July 31, 2014. Key elements include establishing shell indexes to facilitate the Mass Salary Update process, ensuring expenses post accurately, and eliminating the need for future journal vouchers. Administrators are provided with a list of ending funds and must complete the MSU RTSF for processing by the February 14 deadline. Key contacts for questions include Shirley Mitchell, Kate Charleston, and Seta Sariyan.

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Overview of the FY15 MSU Process and Mass Salary Update for Department Administrators

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Presentation Transcript

  1. FY15 MSU Process Presented by Shirley Mitchell January 31, 2014

  2. Overview • Option each year • Identify funds that are ending • Establishing shell indexes assists departments with the Mass Salary Update process • Expenses post to appropriate index • Eliminates need for JV’s in the future • Smooth transition between fiscal years

  3. Process • List of funds ending between April 1, 2014 and July 31, 2014 • Provided to Department Administrators on Jan 13 • Also sent to a broad, general distribution list • MSU RTSF must be completed and submitted to Pre-award for processing • Deadline is Friday, February 14 • Shell index established – communicated • March 7 – March 14

  4. Conclusion • More specifics included in email dated Jan 13 • Re-send list of funds – contact Shirley • Specific MSU RTSF is REQUIRED for proper handling • Deadline is……. • Contact: • Shirley Mitchell, • Kate Charleston, or • Seta Sariyan

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