Purchasing Deadlines
Financial operations of the university are tracked on a fiscal year basis that begins July 1st and ends June 30th.
The regular fiscal year-end deadlines have been moved up this year.
FY2024 Year-End Purchasing Deadlines & FY2025 Initial Purchasing Deadlines Before Transitioning to Workday
Purchasing Deadlines for FY2024
The deadlines are subject to change; we will update this document with new dates and communicate large changes.
Fiscal Year 2024 Information (July 1, 2023 - June 30, 2024)
Campus Computer Store Note:
- Purchases made from the Campus Computer Store are handled similarly to other on-campus service center operations.
- Products in stock and picked up at the Campus Computer Store or delivered to departments by June 28, 2024, will be recorded to FY2024
- Products not in stock and need to be ordered must be received by the Campus Computer Store by May 3, 2024, in order to be recorded to FY202r.
- Products received by the Campus Computer Store after June 28, 2024, will be recorded to FY2025.
- Products orders after May 10, 2024 may be recorded to FY2025
- These deadlines are necessary in order for the university to comply with the State of Minnesota financial reporting timelines and requirements.
FY2024 purchases through Marketplace
Also, you may now initiate purchase orders for FY2024 purchases through the Marketplace purchasing module. However, for FY2025 purchase orders, you must indicate on the purchase order and to the vendor that the item or service should not be delivered until after June 30, 2024.
If you have questions about the purchasing process, please contact the university’s purchasing coordinator (507-389-5017).
Thanks in advance for planning ahead and keeping these deadlines in mind.
